Denmark: Skates Market 2024

Skates Market Size in Denmark

In 2021, the Danish skates market increased by 37% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption showed a remarkable increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Skates Production in Denmark

In value terms, skates production totaled $X in 2021 estimated in export price. Over the period under review, production saw a precipitous contraction. The most prominent rate of growth was recorded in 2018 with a decrease of -0.4%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Skates Exports

Exports from Denmark

In 2021, overseas shipments of ice skates and roller skates increased by 48% to X tons, rising for the third year in a row after two years of decline. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 194%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, skates exports surged to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 305%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Norway (X tons) were the main destinations of skates exports from Denmark, with a combined 47% share of total exports. These countries were followed by Sweden, France, Belgium, Ireland, the UK, Italy, Austria, Spain, Finland and Poland, which together accounted for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +193.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for skates exported from Denmark were Germany ($X), the Netherlands ($X) and Norway ($X), with a combined 52% share of total exports. France, the UK, Sweden, Ireland, Belgium, Austria, Italy, Finland, Spain and Poland lagged somewhat behind, together accounting for a further 41%.

France, with a CAGR of +171.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average skates export price stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skates export price increased by +26.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 50%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 Germany (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Denmark

In 2021, purchases abroad of ice skates and roller skates increased by 28% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 79%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, skates imports surged to $X in 2021. In general, imports saw a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 77%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of skates imports to Denmark, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +90.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest skates suppliers to Denmark were China ($X), Germany ($X) and Italy ($X), with a combined 70% share of total imports. These countries were followed by the Netherlands, the Czech Republic, France, Belgium, Sweden and the UK, which together accounted for a further 22%.

Among the main suppliers, the Czech Republic, with a CAGR of +79.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average skates import price amounted to $X per ton, rising by 26% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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