Snow-Ski Equipment Price in Singapore - 2022

Contents:

  1. Snow-Ski Equipment Price in Singapore (CIF) - 2022
  2. Snow-Ski Equipment Price in Singapore (FOB) - 2022
  3. Snow-Ski Equipment Imports in Singapore
  4. Snow-Ski Equipment Exports in Singapore

Snow-Ski Equipment Price in Singapore (CIF) - 2022

In 2022, the average snow-ski equipment import price amounted to $20 per unit, falling by -42.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $34 per unit in 2021, and then declined sharply in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($22 per unit) and Italy ($22 per unit), while the price for Malaysia ($17 per unit) and the UK ($18 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Snow-Ski Equipment Price in Singapore (FOB) - 2022

In 2022, the average snow-ski equipment export price amounted to $52 per unit, jumping by 87% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($52 per unit), while the average price for exports to Malaysia totaled $48 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Snow-Ski Equipment Imports in Singapore

In 2022, overseas purchases of snow-ski equipment were finally on the rise to reach 18K units after two years of decline. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, snow-ski equipment imports soared to $346K in 2022. In general, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Snow-Ski Equipment in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A3.944.472.7331.8%
United States25.276.411.857.031.3%
Malaysia1081.91.655.5-19.9%
China15.17.618.430.125.9%
Japan14.633.75.126.822.4%
France13.912.27.717.27.4%
Italy4.95.110.016.349.3%
Finland2.81.99.114.974.6%
Indonesia8.70.68.413.716.3%
United Kingdom11.72.73.28.9-8.7%
Austria9.74.62.98.7-3.6%
Netherlands8.12.52.76.7-6.1%
Switzerland16.7N/A0.2N/A-89.1%
Others25.422.520.017.4-11.8%
Total2651761453469.3%

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

  1. Malaysia (3.3K units)
  2. Thailand (3.3K units)
  3. United States (3.0K units)
  4. China (1.4K units)
  5. Japan (1.4K units)
  6. France (0.9K units)
  7. Finland (0.8K units)
  8. Italy (0.7K units)
  9. Indonesia (0.6K units)
  10. United Kingdom (0.5K units)
  11. Austria (0.5K units)
  12. Netherlands (0.4K units)

Snow-Ski Equipment Exports in Singapore

In 2022, approx. 1.4K units of snow-ski equipment were exported from Singapore; jumping by 62% compared with the previous year's figure. In general, exports, however, saw a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 344% against the previous year. As a result, the exports attained the peak of 22K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, snow-ski equipment exports surged to $72K in 2022. Overall, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 385%. As a result, the exports reached the peak of $614K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Snow-Ski Equipment in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia30.15800.965.729.7%
Malaysia48.44.81.05.8-50.7%
Spain25.712.4N/AN/A-51.8%
Thailand16.5N/AN/AN/A0%
Taiwan (Chinese)N/A16.2N/AN/A0%
Others6.01.021.80.6-53.6%
Total12761423.872.1-17.2%

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

  1. Indonesia (1260.0 units)
  2. Malaysia (121.0 units)

Source: IndexBox Market Intelligence Platform

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