Snow-Ski Equipment Price in Norway - 2023

Snow-Ski Equipment Price in Norway (CIF) - 2023

In August 2023, the average snow-ski equipment import price amounted to $24.7 per unit, growing by 35% against the previous month. In general, the import price showed a slight expansion. The pace of growth appeared the most rapid in March 2023 an increase of 119% month-to-month. As a result, import price reached the peak level of $62.9 per unit. From April 2023 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($104 per unit), while the price for Bulgaria ($8.3 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Snow-Ski Equipment Price in Norway (FOB) - 2023

In August 2023, the average snow-ski equipment export price amounted to $43.5 per unit, increasing by 53% against the previous month. In general, export price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, snow-ski equipment export price increased by +79.2% against June 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 94% m-o-m. As a result, the export price attained the peak level of $53.8 per unit. From November 2022 to August 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Switzerland ($47.9 per unit), while the average price for exports to Estonia ($30.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Snow-Ski Equipment Imports in Norway

In 2022, the amount of snow-ski equipment imported into Norway surged to 841K units, growing by 26% compared with the previous year's figure. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, snow-ski equipment imports surged to $18M in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Snow-Ski Equipment in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.4	2.6	5.8	8.2	34.1%
Lithuania	2.1	1.1	1.6	1.9	-3.3%
Taiwan (Chinese)	0.7	0.7	0.7	1.5	28.9%
Switzerland	0.8	1.0	1.9	1.5	23.3%
Austria	0.7	0.8	1.6	1.4	26.0%
Czech Republic	0.3	0.3	1.0	0.8	38.7%
Sweden	0.8	0.6	0.9	0.7	-4.4%
Italy	0.7	0.3	0.5	0.6	-5.0%
Germany	0.4	0.2	0.4	0.3	-9.1%
Bulgaria	N/A	0.1	0.2	0.2	41.4%
Others	1.7	1.0	1.2	1.1	-13.5%
Total	11.7	8.8	15.7	18.2	15.9%

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

China (450.8K units)
Lithuania (88.2K units)
Sweden (52.0K units)
Czech Republic (51.8K units)
Taiwan (Chinese) (33.7K units)
Italy (32.8K units)
Austria (28.8K units)
Switzerland (25.9K units)
Bulgaria (17.7K units)
Germany (13.3K units)

Snow-Ski Equipment Exports in Norway

In 2022, snow-ski equipment exports from Norway reduced slightly to 136K units, leveling off at the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. The exports peaked at 137K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, snow-ski equipment exports declined to $3.7M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $4.1M, and then contracted in the following year.

Export of Snow-Ski Equipment in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	1,050	713	1,249	1,388	9.7%
Lithuania	420	255	349	386	-2.8%
Finland	432	184	276	255	-16.1%
Germany	92.1	106	197	211	31.8%
United States	367	399	440	208	-17.2%
Canada	180	42.2	144	160	-3.9%
Czech Republic	58.7	139	149	141	33.9%
Denmark	92.9	67.7	64.9	138	14.1%
Switzerland	58.2	65.5	99.5	113	24.8%
France	80.8	72.1	80.6	104	8.8%
Estonia	65.7	38.6	181	83.3	8.2%
Russia	489	309	247	40.9	-56.3%
Others	343	289	632	421	7.1%
Total	3,729	2,680	4,110	3,651	-0.7%