Latin America and the Caribbean: Ski Footwear Market 2024

Ski Footwear Market Size in Latin America and the Caribbean

The Latin American ski footwear market contracted to $X in 2020, declining by X% against the previous year. Overall, consumption recorded a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Ski Footwear Production in Latin America and the Caribbean

In value terms, ski footwear production fell to $X in 2020 estimated in export price. In general, production saw a deep slump. The growth pace was 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 stood at a somewhat lower figure.

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Ski Footwear Exports

Exports in Latin America and the Caribbean

In 2020, shipments abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by X% to X pairs for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, recorded slight growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X pairs. From 2014 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, ski footwear exports soared to $X in 2020. Total exports indicated a resilient 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

In 2020, Chile (X pairs) represented the main exporter of ski-boots, snowboard boots and cross-country ski footwear, comprising X% of total exports. The Dominican Republic (X pairs) ranks second in terms of the total exports with a X% share, followed by Brazil (X%) and Panama (X%). The following exporters - Argentina (X pairs), Peru (X pairs) and Mexico (X pairs) - together made up X% of total exports.

From 2012 to 2020, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) remains the largest ski footwear supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2020, the average annual growth rate of value in the Dominican Republic totaled X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Panama (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per pair in 2020, increasing by X% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per pair. From 2018 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 the Dominican Republic ($X per pair), while Chile ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Ski Footwear Imports

Imports in Latin America and the Caribbean

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear increased by X% to X pairs for the first time since 2017, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X pairs. From 2018 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, ski footwear imports stood at $X in 2020. Total imports indicated a strong increase from 2012 to 2020: its value 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, imports decreased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Dominican Republic was the largest importing country with an import of around X pairs, which resulted at X% of total imports. It was distantly followed by Chile (X pairs), constituting a X% share of total imports. Trinidad and Tobago (X pairs), Peru (X pairs), Panama (X pairs) and Argentina (X pairs) followed a long way behind the leaders.

Imports into the Dominican Republic increased at an average annual rate of X% from 2012 to 2020. At the same time, Peru (X%), Trinidad and Tobago (X%) and Panama (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2020. By contrast, Chile (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of the Dominican Republic and Peru increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported ski-boots, snowboard boots and cross-country ski footwear in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in the Dominican Republic amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2020, the import price in Latin America and the Caribbean amounted to $X per pair, standing approx. at the previous year. Over the last eight-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices reached the maximum at $X per pair in 2017; however, from 2018 to 2020, 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 Argentina ($X per pair), while Peru ($X per pair) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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