Asia: Ski Footwear Market 2024

Ski Footwear Market Size in Asia

The Asian ski footwear market declined to $X in 2020, waning by X% against the previous year. Over the period under review, consumption recorded a mild decline. As a result, consumption reached the peak level of $X. From 2015 to 2020, the growth of the market remained at a lower figure.

Ski Footwear Production in Asia

In value terms, ski footwear production totaled $X in 2020 estimated in export price. In general, production saw a mild slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

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Ski Footwear Exports

Exports in Asia

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs, rising for the fourth year in a row after four years of decline. Overall, exports saw a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ski footwear exports contracted remarkably to $X in 2020. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

India was the key exporting country with an export of around X pairs, which recorded X% of total exports. It was distantly followed by China (X pairs), generating a X% share of total exports. The following exporters - Hong Kong SAR (X pairs), Myanmar (X pairs) and Cambodia (X pairs) - together made up X% of total exports.

From 2012 to 2020, average annual rates of growth with regard to ski footwear exports from India stood at X%. At the same time, Myanmar (X%), Cambodia (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2020. By contrast, China (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of India and Myanmar increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ski footwear supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Myanmar, with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2020, the export price in Asia amounted to $X per pair, shrinking by X% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per pair in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Myanmar ($X per pair), while India ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Ski Footwear Imports

Imports in Asia

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs, rising for the second year in a row after six years of decline. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X pairs in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, ski footwear imports shrank notably to $X in 2020. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, India (X pairs) represented the key importer of ski-boots, snowboard boots and cross-country ski footwear, making up X% of total imports. It was distantly followed by Hong Kong SAR (X pairs) and Japan (X pairs), together committing a X% share of total imports. The following importers - the Philippines (X pairs), South Korea (X pairs), China (X pairs) and Afghanistan (X pairs) - together made up X% of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2020. At the same time, Afghanistan (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2020. South Korea experienced a relatively flat trend pattern. By contrast, China (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), the Philippines (X p.p.), South Korea (X p.p.) and Afghanistan (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Hong Kong SAR ($X) and South Korea ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports. China, the Philippines, India and Afghanistan lagged somewhat behind, together comprising a further X%.

Afghanistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per pair in 2020, waning by X% against the previous year. Over the period under review, the import price recorded a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per pair in 2018; however, from 2019 to 2020, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per pair), while India ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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