Sweden: Skis Market 2024

Skis Market Size in Sweden

The Swedish skis market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a slight contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Skis Production in Sweden

In value terms, skis production fell slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable decline. The growth pace was the most rapid in 2014 with an increase of 27%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Skis Exports

Exports from Sweden

In 2021, exports of skis for winter sports from Sweden surged to X tons, with an increase of 52% on the previous year's figure. In general, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by 63% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, skis exports surged to $X in 2021. Over the period under review, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons), Finland (X tons) and the United States (X tons) were the main destinations of skis exports from Sweden, with a combined 88% share of total exports. These countries were followed by Germany, Iceland and Denmark, which together accounted for a further 4.5%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +49.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and the United States ($X) constituted the largest markets for skis exported from Sweden worldwide, with a combined 90% share of total exports.

The United States, with a CAGR of +42.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average skis export price stood at $X per ton in 2021, rising by 6.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2020 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into Sweden

In 2021, the amount of skis for winter sports imported into Sweden skyrocketed to X tons, growing by 67% against the previous year. In general, imports, however, showed a slight reduction. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, skis imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X tons) constituted the largest skis supplier to Sweden, with a 41% share of total imports. Moreover, skis imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and China (+3.6% per year).

In value terms, Austria ($X) constituted the largest supplier of skis for winter sports to Sweden, comprising 42% of total imports. The second position in the ranking was held by Norway ($X), with a 14% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-1.0% per year) and Germany (+11.0% per year).

Import Prices by Country

The average skis import price stood at $X per ton in 2021, reducing by -11.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2020 an increase of 27%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Norway ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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