Ecuador: Ski Footwear Market 2024

Ski Footwear Market Size in Ecuador

The Ecuadorian ski footwear market expanded sharply to $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Exports

Exports from Ecuador

For the third year in a row, Ecuador recorded decline in shipments abroad of ski-boots, snowboard boots and cross-country ski footwear, which decreased by X% to X pairs in 2020. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X pairs in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

In value terms, ski footwear exports fell to $X in 2020. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Switzerland (X pairs) was the main destination for ski footwear exports from Ecuador, with a X% share of total exports. Moreover, ski footwear exports to Switzerland exceeded the volume sent to the second major destination, the Netherlands (X pairs), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Chile (X% per year).

In value terms, Switzerland ($X) remains the key foreign market for ski-boots, snowboard boots and cross-country ski footwear exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2020, the average annual growth rate of value to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Chile (X% per year).

Export Prices by Country

The average ski footwear export price stood at $X per pair in 2020, growing by X% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Switzerland ($X per pair), while the average price for exports to Chile ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ski Footwear Imports

Imports into Ecuador

In 2020, imports of ski-boots, snowboard boots and cross-country ski footwear into Ecuador was estimated at X pairs, picking up by X% compared with the previous year's figure. In general, imports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X pairs in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, ski footwear imports rose to $X in 2020. Over the period under review, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

The United States (X pairs) and Italy (X pairs) were the main suppliers of ski footwear imports to Ecuador.

From 2012 to 2020, the biggest increases were recorded for Italy (with a CAGR of X%).

In value terms, the United States ($X) constituted the largest supplier of ski-boots, snowboard boots and cross-country ski footwear to Ecuador, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2020, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

The average ski footwear import price stood at $X per pair in 2020, shrinking by X% against the previous year. Overall, import price indicated slight growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. 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 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per pair in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per pair), while the price for Italy stood at $X per pair.

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

Source: IndexBox Platform

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