United Kingdom: Skis Market 2024

Skis Market Size in the UK

In 2021, after four years of growth, there was decline in the UK skis market, when its value decreased by -1.4% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Skis Production in the UK

In value terms, skis production reduced to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 15%. Skis production peaked at $X in 2020, and then declined in the following year.

Skis Exports

Exports from the UK

In 2021, shipments abroad of skis for winter sports decreased by -21% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 107% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, skis exports stood at $X in 2021. Over the period under review, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 120% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Ireland (X tons), the United States (X tons) and Switzerland (X tons) were the main destinations of skis exports from the UK, together accounting for 36% of total exports. Germany, Norway, France, Italy, the Netherlands, Turkey, Sweden, Australia, Finland and Austria lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +50.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the United States ($X) and Norway ($X) constituted the largest markets for skis exported from the UK worldwide, together comprising 41% of total exports. Germany, France, the Netherlands, Ireland, Italy, Australia, Sweden, Austria, Finland and Turkey lagged somewhat behind, together comprising a further 28%.

The Netherlands, with a CAGR of +76.2%, 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, growing by 28% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 96% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Turkey ($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 Netherlands (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Skis Imports

Imports into the UK

In 2021, purchases abroad of skis for winter sports decreased by -31.8% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2014 when imports increased by 69% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, skis imports fell dramatically to $X in 2021. In general, imports saw a pronounced slump. The pace of growth was the most pronounced in 2014 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and France (X tons) were the main suppliers of skis imports to the UK, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +32.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), France ($X) and Austria ($X) were the largest skis suppliers to the UK, with a combined 74% share of total imports.

The United States, with a CAGR of +20.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average skis import price amounted to $X per ton, reducing by -18.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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