Latest Report Update: Dec 20, 2019

Latvia - Ski-Boots, Snowboard Boots And Cross-Country Ski Footwear - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Ski Footwear Market Overview 2020

Ski Footwear Market Size in Latvia

The revenue of the ski footwear market in Latvia amounted to $X in 2018, jumping by X% against the previous year. Overall, the total market indicated a mild increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Latvia ski footwear consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Ski Footwear Production in Latvia

In value terms, ski footwear production totaled $X in 2018 estimated in export prices. Over the period under review, ski footwear production continues to indicate a remarkable expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Latvia ski footwear production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Ski Footwear Exports

Exports from Latvia

In 2018, the exports of ski-boots, snowboard boots and cross-country ski footwear from Latvia stood at X pairs, going up by X% against the previous year. Over the period under review, ski footwear exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, ski footwear exports reached their maximum at X pairs in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, ski footwear exports stood at $X in 2018. In general, ski footwear exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, ski footwear exports attained their peak figure at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the four major exporters of ski-boots, snowboard boots and cross-country ski footwear, namely Austria, Romania, Italy and China, represented more than half of total export. China, Hong Kong SAR (X pairs) took the next position in the ranking, followed by France (X pairs), the Czech Republic (X pairs) and the U.S. (X pairs). All these countries together held approx. X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest ski footwear markets from Latvia were Italy ($X), Romania ($X) and Austria ($X), with a combined X% share of total exports. France, China, Hong Kong SAR, the Czech Republic, China, the U.S. and Latvia lagged somewhat behind, together accounting for a further X terms of the main exporting countries, the U.S. recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the ski footwear export price in Latvia amounted to $X per pair, shrinking by -X% against the previous year. Overall, the ski footwear export price continues to indicate a drastic decrease. The growth pace was the most rapid in 2017 when the export price increased by X% y-o-y. Over the period under review, the export prices for ski-boots, snowboard boots and cross-country ski footwear reached their maximum at $X per pair in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per pair), while the U.S. ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Ski Footwear Imports

Imports into Latvia

In 2018, the imports of ski-boots, snowboard boots and cross-country ski footwear into Latvia totaled X pairs, dropping by -X% against the previous year. Overall, ski footwear imports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Latvia imports peaked at X pairs in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, ski footwear imports amounted to $X in 2018. Over the period under review, ski footwear imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, ski footwear imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of ski footwear imports in 2018 were Austria (X pairs), the United Arab Emirates (X pairs), the U.S. (X pairs), Germany (X pairs), France (X pairs) and Italy (X pairs), together amounting to X% of total import. Switzerland (X pairs), Canada (X pairs), Norway (X pairs), Russia (X pairs), China, Hong Kong SAR (X pairs) and the UK (X pairs) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

In value terms, the largest ski footwear importing markets into Latvia were Austria ($X), the U.S. ($X) and France ($X), with a combined X% share of total imports.

Austria experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the ski footwear import price in Latvia amounted to $X per pair, jumping by X% against the previous year. Over the period under review, the import price indicated a notable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Over the period under review, the import prices for ski-boots, snowboard boots and cross-country ski footwear attained their peak figure at $X per pair in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per pair), while the United Arab Emirates ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32301200 - Snow-ski footwear

This report provides an in-depth analysis of the ski footwear market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Latvia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Latvia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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