CIS: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in CIS

The CIS water-skis and surfboards market rose notably to $X in 2022, picking up by X% against the previous year. The total consumption indicated a buoyant expansion 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, consumption increased by X% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Water-Skis And Surfboards Production in CIS

In value terms, water-skis and surfboards production expanded significantly to $X in 2022 estimated in export price. The total production indicated a buoyant increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Water-Skis And Surfboards Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in overseas shipments of water-skis, surfboards and sailboards, which increased by X% to X units in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, water-skis and surfboards exports skyrocketed to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Armenia represented the key exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Belarus (X units), making up an X% share of total exports. Russia (X units) took a minor share of total exports.

Armenia was also the fastest-growing in terms of the water-skis, surfboards and sailboards exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) and Russia (X%) displayed positive paces of growth. Armenia (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Armenia ($X), Russia ($X) and Belarus ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Armenia, with a CAGR of X%, recorded the highest growth rate of 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 the CIS amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price continues to indicate a sharp contraction. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained 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 Russia ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Water-Skis And Surfboards Imports

Imports in CIS

Water-skis and surfboards imports skyrocketed to X units in 2022, increasing by X% against the previous year's figure. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, water-skis and surfboards imports shrank slightly to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. Belarus (X units) took the second position in the ranking, followed by Kazakhstan (X units). All these countries together took approx. X% share of total imports. The following importers - Kyrgyzstan (X units) and Azerbaijan (X units) - each amounted to a X% share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Azerbaijan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.), Kyrgyzstan (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported water-skis, surfboards and sailboards in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, dropping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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