Malaysia: Skis Market 2024

Skis Market Size in Malaysia

The Malaysian skis market dropped slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a deep setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Skis Production in Malaysia

In value terms, skis production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Skis production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Skis Exports

Exports from Malaysia

For the third year in a row, Malaysia recorded growth in shipments abroad of skis for winter sports, which increased by X% to X pairs in 2022. Overall, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X pairs in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, skis exports surged to $X in 2022. In general, exports, however, faced a deep slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X pairs), New Zealand (X pairs) and Singapore (X pairs) were the main destinations of skis exports from Malaysia.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the UK ($X) remains the key foreign market for skis for winter sports exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average skis export price stood at $X per pair in 2022, picking up by X% against the previous year. Overall, export price indicated a temperate 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. Based on 2022 figures, skis export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per pair), while the average price for exports to Chile ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Skis Imports

Imports into Malaysia

In 2022, purchases abroad of skis for winter sports increased by X% to X pairs, rising for the third year in a row after two years of decline. Overall, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X pairs in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, skis imports soared to $X in 2022. Over the period under review, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) was the main skis supplier to Malaysia, with a X% share of total imports. Moreover, skis imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X pairs), twofold. The United States (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of skis for winter sports to Malaysia, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with an X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average skis import price amounted to $X per pair, growing by X% against the previous year. Overall, 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. Based on 2022 figures, skis import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per pair), while the price for Switzerland ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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