Eastern Asia: Ski Footwear Market 2024

Ski Footwear Market Size in Eastern Asia

In 2020, the East Asian ski footwear market increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption recorded a mild reduction. As a result, consumption attained the peak level of $X. From 2015 to 2020, the growth of the market failed to regain momentum.

Ski Footwear Production in Eastern Asia

In value terms, ski footwear production stood at $X in 2020 estimated in export price. In general, production continues to indicate a pronounced contraction. The pace of growth appeared the most rapid 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 remained at a lower figure.

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Ski Footwear Exports

Exports in Eastern Asia

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by X% to X pairs, falling for the second consecutive year after three years of growth. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X pairs in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, ski footwear exports shrank significantly to $X in 2020. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

China represented the key exporter of ski-boots, snowboard boots and cross-country ski footwear in Eastern Asia, with the volume of exports accounting for X pairs, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X pairs), generating a X% share of total exports.

From 2012 to 2020, average annual rates of growth with regard to ski footwear exports from China stood at X%. At the same time, Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2020. While the share of Hong Kong SAR (X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of China (X p.p.) displayed negative dynamics.

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

In China, ski footwear exports shrank by an average annual rate of X% over the period from 2012-2020.

Export Prices by Country

In 2020, the export price in Eastern Asia amounted to $X per pair, falling by X% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per pair in 2015; however, from 2016 to 2020, the export prices remained at a 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 Hong Kong SAR ($X per pair), while China amounted to $X per pair.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%).

Ski Footwear Imports

Imports in Eastern Asia

In 2020, approx. X pairs of ski-boots, snowboard boots and cross-country ski footwear were imported in Eastern Asia; which is down by X% on the previous year's figure. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X pairs in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, ski footwear imports fell markedly to $X in 2020. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

Hong Kong SAR (X pairs) and Japan (X pairs) represented roughly X% of total imports in 2020. It was distantly followed by South Korea (X pairs) and China (X pairs), together making up a X% share of total imports.

From 2012 to 2020, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Japan ($X), Hong Kong SAR ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports.

Among the main importing countries, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per pair in 2020, with an increase of X% against the previous year. Import price indicated buoyant growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ski footwear import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2020 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in South Korea ($X per pair) and Japan ($X per pair), while Hong Kong SAR ($X per pair) and China ($X per pair) were 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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