Serbia: Ski Footwear Market 2024

Ski Footwear Market Size in Serbia

In 2020, after five years of decline, there was significant growth in the Serbian ski footwear market, when its value increased by X% to $X. In general, consumption, however, saw a perceptible setback. Ski footwear consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Ski Footwear Production in Serbia

In value terms, ski footwear production dropped to $X in 2020 estimated in export price. Overall, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Ski footwear production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain momentum.

Ski Footwear Exports

Exports from Serbia

In 2020, ski footwear exports from Serbia fell sharply to X pairs, which is down by X% compared with the previous year. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X pairs. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, ski footwear exports reduced notably to $X in 2020. In general, exports recorded a precipitous descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X pairs), Montenegro (X pairs) and North Macedonia (X pairs) were the main destinations of ski footwear exports from Serbia, together accounting for X% of total exports.

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

In value terms, Bosnia and Herzegovina ($X), Montenegro ($X) and North Macedonia ($X) were the largest markets for ski footwear exported from Serbia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average ski footwear export price amounted to $X per pair, surging by X% against the previous year. Overall, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Ski Footwear Imports

Imports into Serbia

After two years of growth, purchases abroad of ski-boots, snowboard boots and cross-country ski footwear decreased by X% to X pairs in 2020. In general, total imports indicated a resilient increase from 2012 to 2020: its volume 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, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at X pairs in 2019, and then declined in the following year.

In value terms, ski footwear imports contracted to $X in 2020. Over the period under review, total imports indicated prominent 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. Based on 2020 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then declined in the following year.

Imports by Country

Romania (X pairs), the Czech Republic (X pairs) and Slovenia (X pairs) were the main suppliers of ski footwear imports to Serbia, together comprising X% of total imports. Moldova, China, Hungary, Italy, Vietnam and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest ski footwear suppliers to Serbia were Romania ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total imports. Slovenia, Italy, Moldova, China, Vietnam and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Moldova, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average ski footwear import price amounted to $X per pair, leveling off at the previous year. Over the last eight years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per pair in 2019, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Hungary ($X per pair), while the price for China ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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