In 2023, re-imports of snow-ski equipment excluding skis and bindings to China were valued just below the 2024 forecast of $585.63 thousand. The projections indicate a steady growth, with values reaching $619.04 thousand by 2028. The year-on-year growth percentages increase consistently from 2024 to 2028, showing a stable demand. This results in a Compound Annual Growth Rate (CAGR) over the five-year forecast period pointing towards gradual expansion within this market segment.
Future trends to watch for include:
- Increasing popularity and adoption of winter sports in China, driven by post-Olympic enthusiasm.
- Potential impacts of fluctuating economic conditions or tariffs on international trade.
- Developments in domestic manufacturing capabilities, which could affect re-import demand.