Snow-Ski Equipment Price in Malaysia - 2021

Contents:

  1. Snow-Ski Equipment Price in Malaysia (FOB) - 2022
  2. Snow-Ski Equipment Price in Malaysia (CIF) - 2022
  3. Snow-Ski Equipment Exports in Malaysia
  4. Snow-Ski Equipment Imports in Malaysia

Snow-Ski Equipment Price in Malaysia (FOB) - 2022

The average snow-ski equipment export price stood at $6.6 per unit in 2022, reducing by -2.4% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. Over the period under review, the average export prices attained the peak figure at $12 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($32 per unit), while the average price for exports to Oman ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+130.3%), while the prices for the other major destinations experienced more modest paces of growth.

Snow-Ski Equipment Price in Malaysia (CIF) - 2022

In 2022, the average snow-ski equipment import price amounted to $2.1 per unit, falling by -75.3% against the previous year. In general, the import price saw a deep slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $8.4 per unit in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($24 per unit), while the price for China ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Snow-Ski Equipment Exports in Malaysia

Snow-ski equipment exports from Malaysia declined significantly to 12K units in 2022, reducing by -24.7% compared with the previous year's figure. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 82%. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow-ski equipment exports contracted significantly to $81K in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 113%. The exports peaked at $134K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Snow-Ski Equipment in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway77.431.763.137.9-21.2%
Singapore14.22.51.118.38.8%
United States2.71.116.58.345.4%
South Korea5.33.45.62.8-19.2%
Oman2.40.50.40.7-33.7%
Australia1.90.20.30.3-46.0%
Others30.612.222.612.4-26.0%
Total13451.611080.6-15.6%

Top Export Markets for Snow-Ski Equipment from Malaysia in 2022:

  1. Norway (10.0K units)
  2. Singapore (0.6K units)
  3. United States (0.5K units)
  4. Oman (0.2K units)
  5. South Korea (0.2K units)
  6. Australia (0.1K units)

Snow-Ski Equipment Imports in Malaysia

In 2022, approx. 183K units of snow-ski equipment were imported into Malaysia; rising by 117% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 931%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, snow-ski equipment imports fell sharply to $380K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,285% against the previous year. As a result, imports reached the peak of $709K, and then plummeted in the following year.

Import of Snow-Ski Equipment in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.63.846.9284199.2%
New Zealand36.019.329440.03.6%
United States13.31.218.64.1-32.4%
Others85.026.935051.6-15.3%
Total14551.270938037.9%

Top Suppliers of Snow-Ski Equipment to Malaysia in 2022:

  1. China (172.9K units)
  2. New Zealand (4.9K units)
  3. United States (0.7K units)

Source: IndexBox Market Intelligence Platform

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