Singapore: Market for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates 2024

Market Size for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Singapore

The Singaporean market for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Singapore

In value terms, production of snow-skis and other snow-ski equipment, ice-skates and roller-skates declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Exports from Singapore

In 2022, after two years of growth, there was significant decline in shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates, when their volume decreased by X% to X tons. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons), New Zealand (X tons) and Indonesia (X tons) were the main destinations of exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Singapore.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X) emerged as the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a resilient increase. 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 for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Imports into Singapore

In 2022, approx. X tons of snow-skis and other snow-ski equipment, ice-skates and roller-skates were imported into Singapore; waning by X% against the year before. Overall, total imports indicated a slight expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates fell remarkably to $X in 2022. In general, total imports indicated a modest expansion 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of skis and its equipment and skates to Singapore, accounting for a X% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Singapore, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and France (X% per year).

Import Prices by Country

The average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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