Asia: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in Asia

The Asian knitted ski-suit market was estimated at $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a noticeable reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Knitted Ski-Suit Production in Asia

In value terms, knitted ski-suit production reached $X in 2022 estimated in export price. In general, production, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Knitted Ski-Suit Exports

Exports in Asia

In 2022, overseas shipments of ski-suits of knitted or crocheted textiles increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, knitted ski-suit exports skyrocketed to $X in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cambodia (X units) and Myanmar (X units) represented roughly X% of total exports in 2022. It was distantly followed by China (X units) and Pakistan (X units), together achieving a X% share of total exports. India (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest knitted ski-suit supplying countries in Asia were Cambodia ($X), China ($X) and Myanmar ($X), with a combined X% share of total exports.

Among the main exporting countries, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the export price in Asia amounted to $X per unit, dropping by X% against the previous year. Export price indicated a strong 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. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then declined in the following year.

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 China ($X per unit), while India ($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 mixed trends in the export price figures.

Knitted Ski-Suit Imports

Imports in Asia

In 2022, approx. X units of ski-suits of knitted or crocheted textiles were imported in Asia; with an increase of X% compared with the year before. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, knitted ski-suit imports declined to $X in 2022. Overall, imports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand was the key importer of ski-suits of knitted or crocheted textiles in Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Kuwait (X units) ranks second in terms of the total imports with a X% share, followed by South Korea (X%) and India (X%). The following importers - Singapore (X units), Qatar (X units) and Iraq (X units) - together made up X% of total imports.

Thailand was also the fastest-growing in terms of the ski-suits of knitted or crocheted textiles imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%), Iraq (X%), Kuwait (X%), Singapore (X%), Qatar (X%) and India (X%) displayed positive paces of growth. Thailand (X p.p.), Kuwait (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while India 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, the largest knitted ski-suit importing markets in Asia were South Korea ($X), Thailand ($X) and Kuwait ($X), with a combined X% share of total imports.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :