Report Update Apr 1, 2024

Republic of Korea - Ski-Boots, Snowboard Boots and Cross-Country Ski Footwear - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Ski Footwear Market 2024

Ski Footwear Market Size in Republic of Korea

The South Korean ski footwear market surged to $X in 2020, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated pronounced 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. Based on 2020 figures, consumption increased by X% against 2018 indices. Ski footwear consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain momentum.

Ski Footwear Exports

Exports from Republic of Korea

In 2020, ski footwear exports from South Korea shrank rapidly to X pairs, declining by X% against the year before. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded 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 fell notably to $X in 2020. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 with an increase of 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 somewhat lower figure.

Exports by Country

Japan (X pairs) was the main destination for ski footwear exports from South Korea, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Japan stood at X%.

In value terms, Japan ($X) also remains the key foreign market for ski-boots, snowboard boots and cross-country ski footwear exports from South Korea.

From 2012 to 2020, the average annual growth rate of value to Japan amounted to X%.

Export Prices by Country

The average ski footwear export price stood at $X per pair in 2020, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per pair in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2020, the rate of growth in terms of prices for Japan amounted to X% per year.

Ski Footwear Imports

Imports into Republic of Korea

In 2020, approx. X pairs of ski-boots, snowboard boots and cross-country ski footwear were imported into South Korea; which is down by X% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X pairs in 2014; however, from 2015 to 2020, imports failed to regain momentum.

In value terms, ski footwear imports soared to $X in 2020. Overall, total imports indicated temperate growth 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. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, China (X pairs) constituted the largest ski footwear supplier to South Korea, accounting for a X% share of total imports. Moreover, ski footwear imports from China exceeded the figures recorded by the second-largest supplier, Italy (X pairs), twofold. Romania (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 China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Romania (X% per year).

In value terms, China ($X) constituted the largest supplier of ski-boots, snowboard boots and cross-country ski footwear to South Korea, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Romania (X% per year).

Import Prices by Country

The average ski footwear import price stood at $X per pair in 2020, growing by X% against the previous year. Over the last eight years, it increased at an average annual rate of X%. As a result, import price reached 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 China ($X per pair), while the price for Moldova ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ski-boots, snowboard boots and cross-country ski footwear in the world?

China constituted the country with the largest volume of ski footwear consumption, accounting for 31% of total volume. Moreover, ski footwear consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was held by Indonesia, with a 4.6% share.

What are the largest producers of ski-boots, snowboard boots and cross-country ski footwear in the world?

The country with the largest volume of ski footwear production was China, comprising approx. 31% of total volume. Moreover, ski footwear production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of ski-boots, snowboard boots and cross-country ski footwear to Republic of Korea?

In value terms, China constituted the largest supplier of ski-boots, snowboard boots and cross-country ski footwear to South Korea, comprising 47% of total imports. The second position in the ranking was taken by Italy, with a 12% share of total imports. It was followed by Romania, with a 12% share.

What are the leading importers of ski-boots, snowboard boots and cross-country ski footwear from Republic of Korea?

In value terms, Japan remains the key foreign market for ski-boots, snowboard boots and cross-country ski footwear exports from South Korea.

What is the average export price for ski-boots, snowboard boots and cross-country ski footwear in Republic of Korea?

In 2020, the average ski footwear export price amounted to $77 per pair, surging by 5.7% against the previous year.

What is the average import price for ski-boots, snowboard boots and cross-country ski footwear in Republic of Korea?

In 2020, the average ski footwear import price amounted to $99 per pair, rising by 49% against the previous year.

This report provides an in-depth analysis of the ski footwear market in Republic of Korea. 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.

Product coverage:

Prodcom 32301200 - Snow-ski footwear

Country coverage:

South Korea

Data coverage:

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

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023