Asia: Ski-Suit Market 2024

Ski-Suit Market Size in Asia

The Asian ski-suit market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a abrupt descent. The pace of growth was the most pronounced in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ski-Suit Production in Asia

In value terms, ski-suit production shrank modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced descent. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ski-Suit Exports

Exports in Asia

In 2022, shipments abroad of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ski-suit exports surged to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. Vietnam (X units), Bangladesh (X units), Democratic People's Republic of Korea (X units) and Myanmar (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of ski-suits (excluding of knitted or crocheted textiles). At the same time, Myanmar (X%), Bangladesh (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Democratic People's Republic of Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh 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 ($X) remains the largest ski-suit supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (X%), while the other leaders experienced more modest paces of growth.

Ski-Suit Imports

Imports in Asia

In 2022, purchases abroad of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, ski-suit imports skyrocketed to $X in 2022. In general, imports, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) was the largest importer of ski-suits (excluding of knitted or crocheted textiles), constituting X% of total imports. It was distantly followed by Kuwait (X units), South Korea (X units), China (X units) and the United Arab Emirates (X units), together comprising a X% share of total imports. The following importers - Turkey (X units) and Hong Kong SAR (X units) - together made up X% of total imports.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Turkey (X%), the United Arab Emirates (X%), Hong Kong SAR (X%) and China (X%) illustrated a downward trend over the same period. Kuwait (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while China and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported ski-suits (excluding of knitted or crocheted textiles) in Asia, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, ski-suit imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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