GCC: Ski Footwear Market 2024

Ski Footwear Market Size in GCC

The GCC ski footwear market reduced to $X in 2020, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2020, the growth of the market failed to regain momentum.

Ski Footwear Production in GCC

In value terms, ski footwear production surged to $X in 2020 estimated in export price. The total production indicated a notable increase from 2012 to 2020: its value 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, production increased by X% against 2018 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Ski Footwear Exports

Exports in GCC

In 2020, after three years of decline, there was growth in overseas shipments of ski-boots, snowboard boots and cross-country ski footwear, when their volume increased by X% to X pairs. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X pairs in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, ski footwear exports surged to $X in 2020. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Kuwait (X pairs) and the United Arab Emirates (X pairs) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Oman (X pairs), constituting an X% share of total exports. Saudi Arabia (X pairs) held a relatively small share of total exports.

From 2012 to 2020, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Oman ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Oman, with a CAGR of X%, saw 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 mixed trends in the exports figures.

Export Prices by Country

In 2020, the export price in GCC amounted to $X per pair, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. Over the period under review, the export prices reached the maximum at $X per pair in 2017; however, from 2018 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per pair), while the United Arab Emirates ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Ski Footwear Imports

Imports in GCC

Ski footwear imports shrank remarkably to X pairs in 2020, waning by X% on the year before. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X pairs. From 2015 to 2020, the growth of imports failed to regain momentum.

In value terms, ski footwear imports shrank rapidly to $X in 2020. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then reduced markedly in the following year.

Imports by Country

The United Arab Emirates (X pairs) and Kuwait (X pairs) represented the main importers of ski-boots, snowboard boots and cross-country ski footwear in 2020, recording near X% and X% of total imports, respectively. Oman (X pairs) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bahrain (X%).

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported ski-boots, snowboard boots and cross-country ski footwear in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2020, the average annual growth rate of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per pair in 2020, picking up by X% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was the United Arab Emirates ($X per pair), while Bahrain ($X per pair) was amongst the lowest.

From 2012 to 2020, 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.

Source: IndexBox Platform

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