Asia: Skis Market 2024

Skis Market Size in Asia

The Asian skis market declined to $X in 2022, which is down by X% against the previous year. In general, consumption showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Skis Production in Asia

In value terms, skis production fell to $X in 2022 estimated in export price. Overall, production recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Skis Exports

Exports in Asia

In 2022, shipments abroad of skis for winter sports decreased by X% to X pairs for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X pairs, and then dropped significantly in the following year.

In value terms, skis exports stood at $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The shipments of the three major exporters of skis for winter sports, namely China, the United Arab Emirates and Taiwan (Chinese), represented more than two-thirds of total export. The following exporters - Vietnam (X pairs) and Myanmar (X pairs) - each accounted for a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Taiwan (Chinese) ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Vietnam and Myanmar lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the export price in Asia amounted to $X per pair, increasing by X% against the previous year. Over the period under review, the export price, however, saw a mild slump. The level of export peaked at $X per pair in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per pair), while China ($X per pair) was amongst the lowest.

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

Skis Imports

Imports in Asia

In 2022, purchases abroad of skis for winter sports increased by X% to X pairs, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a perceptible decrease. Over the period under review, imports attained the peak figure at X pairs in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, skis imports expanded remarkably to $X in 2022. Over the period under review, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X pairs) represented the key importer of skis for winter sports, creating X% of total imports. China (X pairs) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%), Turkey (X%) and Kazakhstan (X%). Georgia (X pairs) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to skis imports into Japan stood at X%. At the same time, China (X%) and Georgia (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, South Korea (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), South Korea (X p.p.), Turkey (X p.p.) and Georgia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported skis for winter sports in Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, skis 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: China (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per pair in 2022, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per pair in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per pair), while Kazakhstan ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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