Thailand: Ski Footwear Market 2021

Ski Footwear Market Size in Thailand

For the sixth year in a row, the Thai ski footwear market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Ski footwear consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in Thailand

In value terms, ski footwear production declined to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Ski footwear production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Ski Footwear Exports

Exports from Thailand

After five years of growth, overseas shipments of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs in 2020. Overall, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of X pairs. from 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, ski footwear exports fell notably to $X in 2020. In general, exports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X pairs), Norway (X pairs) and Australia (X pairs) were the main destinations of ski footwear exports from Thailand, with a combined X% share of total exports. Italy, Israel, the UK and Germany lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the U.S. ($X) and Germany ($X) constituted the largest markets for ski footwear exported from Thailand worldwide, with a combined X% share of total exports. These countries were followed by Australia, Italy, the UK and Israel, which together accounted for a further X terms of the main countries of destination, Israel (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, waning by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per pair in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Norway ($X per pair), while the average price for exports to Israel ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Ski Footwear Imports

Imports into Thailand

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by -X% to X pairs for the first time since 2015, thus ending a four-year rising trend. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X pairs in 2019, and then declined remarkably in the following year.

In value terms, ski footwear imports contracted significantly to $X in 2020. Over the period under review, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then plummeted in the following year.

Imports by Country

In 2020, China (X pairs) constituted the largest ski footwear supplier to Thailand, with a X% share of total imports. Moreover, ski footwear imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X pairs), more than tenfold. The third position in this ranking was occupied by Italy (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Italy (-X% per year).

In value terms, China ($X) constituted the largest supplier of ski footwear to Thailand, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2020, the average ski footwear import price amounted to $X per pair, growing by X% against the previous year. Over the period under review, the import price posted a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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