Chile: Skates Market 2024

Skates Market Size in Chile

In 2021, the Chilean skates market increased by 205% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption continues to indicate a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Skates Exports

Exports from Chile

In 2021, overseas shipments of ice skates and roller skates increased by 27% to X kg for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 1,230% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, skates exports soared to $X in 2021. Overall, exports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 514%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X kg) was the main destination for skates exports from Chile, with a 47% share of total exports. Moreover, skates exports to Bolivia exceeded the volume sent to the second major destination, Paraguay (X kg), threefold. Peru (X kg) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Bolivia stood at +44.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+33.7% per year) and Peru (-20.1% per year).

In value terms, Bolivia ($X) remains the key foreign market for ice skates and roller skates exports from Chile, comprising 60% of total exports. The second position in the ranking was held by Peru ($X), with a 17% share of total exports. It was followed by Paraguay, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Bolivia stood at +51.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-20.4% per year) and Paraguay (+22.7% per year).

Export Prices by Country

The average skates export price stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Paraguay ($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 Bolivia (+4.7%), while the prices for the other major destinations experienced a decline.

Skates Imports

Imports into Chile

In 2021, overseas purchases of ice skates and roller skates increased by 186% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports saw a notable expansion. The most prominent rate of growth was recorded in 2016 with an increase of 241%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, skates imports surged to $X in 2021. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 235% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest skates supplier to Chile, with a 78% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.9% per year) and the United States (-7.5% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Chile, comprising 72% of total imports. The second position in the ranking was taken by Italy ($X), with a 6.2% share of total imports. It was followed by the United States, with a 1.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.6% per year) and the United States (-6.9% per year).

Import Prices by Country

In 2021, the average skates import price amounted to $X per ton, surging by 8.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2018 an increase of 18%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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