Asia-Pacific: Ski-Suit Market 2024

Ski-Suit Market Size in Asia-Pacific

For the fourth year in a row, the Asia-Pacific ski-suit market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ski-Suit Production in Asia-Pacific

In value terms, ski-suit production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ski-Suit Exports

Exports in Asia-Pacific

In 2022, shipments abroad of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ski-suit exports soared to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, amounting to X units, which was near X% of total exports in 2022. The following exporters - Vietnam (X units), Bangladesh (X units), Democratic People's Republic of Korea (X units) and Myanmar (X units) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of ski-suits (excluding of knitted or crocheted textiles). At the same time, Myanmar (X%), Bangladesh (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Democratic People's Republic of Korea (X%) illustrated a downward trend over the same period. Bangladesh (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total exports, while Democratic People's Republic of Korea saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ski-suit supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

In China, ski-suit exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (X%), while the other leaders experienced more modest paces of growth.

Ski-Suit Imports

Imports in Asia-Pacific

In 2022, purchases abroad of ski-suits (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt shrinkage. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, ski-suit imports skyrocketed to $X in 2022. Overall, imports, however, recorded a deep setback. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan represented the largest importer of ski-suits (excluding of knitted or crocheted textiles) in Asia-Pacific, with the volume of imports resulting at X units, which was near X% of total imports in 2022. South Korea (X units) ranks second in terms of the total imports with a X% share, followed by China (X%). The following importers - Australia (X units) and Hong Kong SAR (X units) - each reached a X% share of total imports.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2022. Australia and South Korea experienced a relatively flat trend pattern. Hong Kong SAR (X%) and China (X%) illustrated a downward trend over the same period. While the share of South Korea (X p.p.) and Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported ski-suits (excluding of knitted or crocheted textiles) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with an X% share of total imports. It was followed by China, with a X% share.

In Japan, ski-suit imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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