The Intesa Sanpaolo Report

Olympics world showcase, the dual track of exports and tourism

Overseas sales and arrivals from key countries show significant links - In 2024 skis, boots and technical winter sports articles from the district at 360 million

by Barbara Ganz

(Lapresse)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

The last few years have seen an increase in exports of articles produced in the Asolo and Montebelluna Sportsystem district to historic and emerging countries. At the same time, tourism in the Dolomites has increased, coming from many of the key export countries. Two phenomena that march hand in hand, as demonstrated also by the increased purchase of tickets to see the Olympics, in the same countries.

The report

A study by Intesa Sanpaolo makes the point: in 2024 exports of skis, boots and technical articles dedicated to winter sports in the district came close to 360 million euro at current prices (against 220 million in 2008): they represent 29% of total Italia exports in the sports articles sector. Compared to 2008, the increase in exports at current prices in the sector was 63.5% against +48.1% for the rest of Italia in the same sector.

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Skis and boots are the spearhead: in 2025, with the exception of the second quarter, they showed a growth trend compared to 2024 in contrast with both the overall trend of the province of Treviso and the other two specialisations of the district (bicycles and footwear).

The main outlet markets, in value, are the United States and France, very close to each other, followed by Germany, Austria, Switzerland and Spain. The data document a positive correlation between attendance in the Dolomites and demand in the district for winter sports goods such as skis and boots. According to pre-sales of tickets for the Winter Games, the countries with the largest purchases are Germany and the United States (together they make up 40 per cent of sales). "With the exception of France, the Netherlands and Finland, which represent growing outlet markets for the district, the others (the UK, Switzerland, Canada and the Czech Republic) could reap new benefits after declining in 2019-2024. Benefits are also expected for 'distant' markets due to growing interest in winter sports," the report noted.

World Showcase

"For the companies of the Montebelluna Sportystem, the Milan-Cortina Winter Olympics represent an opportunity for international visibility, business relations, and new development opportunities. Working side by side with these companies on a daily basis, we observe a supply chain that continuously invests in product innovation, production capacity, and foreign market presidium," explains Cristina Cipiccia, regional director for the Veneto East and Friuli Venezia Giulia regions of Intesa Sanpaolo, which has created a structure dedicated to extraordinary finance, "designed to support entrepreneurs in defining the best growth strategies, with a sustainable, structured, and long-term vision, because only the industrial and planning solidity of the area allows for a great showcase like the Olympics to be transformed into lasting value.

In counter-trend

In 2025," the report goes on to say, "with the exception of the second quarter, there was a growth trend compared to 2024 for the sporting goods sector, in countertendency to both the overall trend of the province of Treviso and the other two specialisations of the district (footwear and bicycles). Overall, between January and September 2025, exports of sporting goods increased by +5.4%.

Looking at the destinations, very high growth was noted: in addition to the United States (+47.5%), Germany (+36% ) and Spain (+50.2%), increases in Norway (41.2%), Australia (+319.5%), Poland (+34.1%) and the Netherlands (73.9%) also stood out.

On the tourism front, Germany is the predominant source (about 4.5 million arrivals in 2024) of more than half (51.2%) of foreign tourists, due above all to tourism in the province of Bolzano facilitated by bilingualism, which also plays in favour of German-speaking countries such as Austria and Switzerland. Immediately afterwards, countries such as Poland, the Netherlands, the Czech Republic and the United States stand out as the main export markets.

The trend compared to 2019 denotes good growth for the German-speaking countries, the performance of the United States (+106.1%) , Poland (+55.7% ), the Netherlands (+32.6%), France (+45.5%)and Spain (+70%), and notable increases also from the countries of Asia and the Middle East and Australia.

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