Myanmar: Ski Footwear Market 2024

Ski Footwear Market Size in Myanmar

The Myanmar's ski footwear market shrank to $X in 2020, falling by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Ski footwear consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in Myanmar

In value terms, ski footwear production dropped sharply to $X in 2020 estimated in export price. Overall, the total production indicated resilient growth 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. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019, and then reduced dramatically in the following year.

Ski Footwear Exports

Exports from Myanmar

In 2020, after four years of growth, there was significant decline in shipments abroad of ski-boots, snowboard boots and cross-country ski footwear, when their volume decreased by X% to X pairs. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X pairs in 2019, and then contracted sharply in the following year.

In value terms, ski footwear exports shrank to $X in 2020. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019, and then contracted in the following year.

Exports by Country

Germany (X pairs) was the main destination for ski footwear exports from Myanmar, accounting for a X% share of total exports. Moreover, ski footwear exports to Germany exceeded the volume sent to the second major destination, Italy (X pairs), eightfold. The Netherlands (X pairs) ranked third in terms of total exports with a X% share.

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

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

From 2012 to 2020, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Japan (X% per year).

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, rising by X% against the previous year. In general, the export price posted a mild expansion. The export price peaked at $X per pair in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per pair), while the average price for exports to Italy ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ski Footwear Imports

Imports into Myanmar

In 2020, supplies from abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by X% to X pairs, falling for the fifth year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X pairs. From 2016 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, ski footwear imports contracted markedly to $X in 2020. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2020, India (X pairs) constituted the largest ski footwear supplier to Myanmar, accounting for a X% share of total imports. Moreover, ski footwear imports from India exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), twofold. China (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

In value terms, the largest ski footwear suppliers to Myanmar were India ($X), Singapore ($X) and China ($X), with a combined X% share of total imports.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average ski footwear import price amounted to $X per pair, picking up by X% against the previous year. In general, import price indicated a strong 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. Based on 2020 figures, ski footwear import price increased by X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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