Snow-Ski Equipment Price in China - 2023

Contents:

  1. Snow-Ski Equipment Price in China (FOB) - 2023
  2. Snow-Ski Equipment Price in China (CIF) - 2023
  3. Snow-Ski Equipment Exports in China
  4. Snow-Ski Equipment Imports in China

Snow-Ski Equipment Price in China (FOB) - 2023

The average snow-ski equipment export price stood at $15.6 per unit in June 2023, dropping by -10.5% against the previous month. In general, export price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, snow-ski equipment export price decreased by -16.2% against February 2023 indices. The pace of growth appeared the most rapid in August 2022 an increase of 28% against the previous month. The export price peaked at $18.6 per unit in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($23.8 per unit), while the average price for exports to Russia ($8.0 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Snow-Ski Equipment Price in China (CIF) - 2023

The average snow-ski equipment import price stood at $25.7 per unit in June 2023, shrinking by -28.9% against the previous month. Over the period under review, the import price saw a mild decrease. The most prominent rate of growth was recorded in May 2023 an increase of 136% m-o-m. As a result, import price reached the peak level of $36.2 per unit, and then dropped markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($165 per unit), while the price for South Korea ($4.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced a decline.

Snow-Ski Equipment Exports in China

In 2022, approx. 19M units of snow-ski equipment were exported from China; surging by 9.4% against 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, snow-ski equipment exports soared to $255M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Snow-Ski Equipment in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States41.842.173.784.426.4%
Germany24.518.918.330.07.0%
Canada16.317.822.127.719.3%
Japan10.37.810.515.915.6%
Austria8.86.810.015.019.5%
France3.42.73.111.248.8%
Norway6.23.48.58.812.4%
Russia3.84.15.65.09.6%
Italy2.12.63.73.821.9%
Spain1.41.30.63.738.3%
Finland1.60.82.33.631.0%
Sweden2.20.93.12.99.6%
Others21.615.529.043.526.3%
Total14412519025521.0%

Top Export Markets for Snow-Ski Equipment from China in 2022:

  1. United States (6.8M units)
  2. Canada (2.5M units)
  3. Germany (1.6M units)
  4. Austria (1.1M units)
  5. France (0.9M units)
  6. Japan (0.8M units)
  7. Russia (0.7M units)
  8. Norway (0.5M units)
  9. Sweden (0.4M units)
  10. Spain (0.4M units)
  11. Italy (0.3M units)
  12. Finland (0.3M units)

Snow-Ski Equipment Imports in China

Snow-ski equipment imports into China skyrocketed to 823K units in 2022, surging by 63% compared with 2021. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, snow-ski equipment imports soared to $24M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Snow-Ski Equipment in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,8931,5982,8175,55843.2%
United Arab EmiratesN/A3802821,23680.4%
Switzerland8065778041,21214.6%
Japan4368121,5871,04533.8%
Norway23096.149540320.6%
France26725140439013.5%
United States60.420025338485.3%
Italy2454973053077.8%
Ukraine26.255.4165239108.9%
Vietnam38.227.713321979.0%
Canada372156218210-17.4%
Finland17726.970.5100-17.3%
South Korea6.6N/A59.666.8116.3%
Others2,8183,1675,90512,68265.1%
Total7,3767,84413,49724,05248.3%

Top Suppliers of Snow-Ski Equipment to China in 2022:

  1. Austria (145.6K units)
  2. Japan (31.5K units)
  3. United Arab Emirates (22.9K units)
  4. Vietnam (18.4K units)
  5. Norway (16.0K units)
  6. Switzerland (14.8K units)
  7. France (9.9K units)
  8. Ukraine (9.2K units)
  9. South Korea (7.2K units)
  10. Canada (6.8K units)
  11. Finland (6.7K units)
  12. United States (6.5K units)
  13. Italy (5.1K units)

Source: IndexBox Market Intelligence Platform

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