Eastern Asia: Ski-Suit Market 2024

Ski-Suit Market Size in Eastern Asia

The East Asian ski-suit market contracted notably to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ski-Suit Production in Eastern Asia

In value terms, ski-suit production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced decrease. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Ski-Suit Exports

Exports in Eastern Asia

In 2022, shipments abroad of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat 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 attained 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, reaching X units, which was near X% of total exports in 2022. Democratic People's Republic of Korea (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). Democratic People's Republic of Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) remains the largest ski-suit supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 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 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Democratic People's Republic of Korea ($X per unit), while China amounted to $X per unit.

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

Ski-Suit Imports

Imports in Eastern Asia

In 2022, overseas purchases of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt shrinkage. The volume of import peaked 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, saw a abrupt descent. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan represented the main importer of ski-suits (excluding of knitted or crocheted textiles) in Eastern Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. South Korea (X units) ranks second in terms of the total imports with a X% share, followed by China (X%). Hong Kong SAR (X units) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2022. South Korea experienced a relatively flat trend pattern. Hong Kong SAR (X%) and China (X%) illustrated a downward trend over the same period. While the share of South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Japan amounted to X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, dropping by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then shrank in the following year.

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 China ($X per unit), while South Korea ($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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