Belgium: Skates Market 2024

Skates Market Size in Belgium

For the third year in a row, the Belgian skates market recorded growth in sales value, which increased by 60% to $X in 2021. Over the period under review, consumption enjoyed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Skates Production in Belgium

In value terms, skates production stood at $X in 2021 estimated in export price. Overall, production posted a pronounced increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 1,238%. Skates production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Skates Exports

Exports from Belgium

For the third consecutive year, Belgium recorded growth in overseas shipments of ice skates and roller skates, which increased by 65% to X tons in 2021. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 713%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, skates exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 657%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for skates exports from Belgium, with a 65% share of total exports. Moreover, skates exports to France exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3.8% per year) and Germany (-1.6% per year).

In value terms, France ($X) remains the key foreign market for ice skates and roller skates exports from Belgium, comprising 57% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total exports. It was followed by Switzerland, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.4% per year) and Switzerland (+80.3% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, declining by -3.5% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.4%), while the prices for the other major destinations experienced a decline.

Skates Imports

Imports into Belgium

In 2021, overseas purchases of ice skates and roller skates increased by 44% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 380%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, skates imports surged to $X in 2021. Overall, imports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2020 when imports increased by 421%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skates to Belgium, with a 64% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. Germany (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.7% per year) and Germany (+12.6% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Belgium, comprising 60% of total imports. The second position in the ranking was taken by France ($X), with a 9.8% share of total imports. It was followed by Germany, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.6% per year) and Germany (+12.4% per year).

Import Prices by Country

In 2021, the average skates import price amounted to $X per ton, picking up by 12% against the previous year. In general, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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