Updated Feb 18, 2023 02:09

Ski-Suit Market in the European Union

Market Overview
In , the EU ski-suit market increased by % to $, rising for the third consecutive year after four years of decline. Over the period under review, consumption, however, saw a mild setback. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.

In value terms, ski-suit production rose modestly to $ in estimated in export price. Over the period under review, production showed slight growth. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2016 to , production growth remained at a somewhat lower figure.

Spain ( units) constituted the country with the largest volume of ski-suit production, comprising approx. % of total volume. Moreover, ski-suit production in Spain exceeded the figures recorded by the second-largest producer, France ( units), threefold. The third position in this ranking was held by Germany ( units), with a % share.

From 2007 to , the average annual rate of growth in terms of volume in Spain amounted to +%. In the other countries, the average annual rates were as follows: France (+% per year) and Germany (-% per year).


Consumption
In , consumption of ski-suits (excluding of knitted or crocheted textiles) increased by % to units, rising for the third consecutive year after four years of decline. In general, consumption, however, saw a perceptible reduction. As a result, consumption attained the peak volume of units. From 2016 to , the growth of the consumption remained at a lower figure.

The revenue of the ski-suit market in the European Union skyrocketed to $ in , growing by % 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, consumption, however, continues to indicate a slight decrease. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.


Consumption by Country
The countries with the highest volumes of consumption in were Germany ( units), Poland ( units) and the Netherlands ( units), together comprising % of total consumption. Spain, Italy, France, Denmark, Austria, Romania, Finland, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further %.

From 2007 to , the biggest increases were recorded for Spain (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($) led the market, alone. The second position in the ranking was held by Poland ($). It was followed by France.

In Germany, the ski-suit market declined by an average annual rate of -% over the period from 2007-. In the other countries, the average annual rates were as follows: Poland (+% per year) and France (+% per year).

The countries with the highest levels of ski-suit per capita consumption in were Denmark ( units per persons), the Netherlands ( units per persons) and Finland ( units per persons).

From 2007 to , the biggest increases were recorded for Spain (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.


Market Forecast
Depressed by shrinking demand for ski-suit in the European Union, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .