Eastern Europe: Skates Market 2024

Skates Market Size in Eastern Europe

In 2021, the East European skates market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Skates Production in Eastern Europe

In value terms, skates production contracted significantly to $X in 2021 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 356% against the previous year. The level of production peaked at $X in 2020, and then fell markedly in the following year.

Skates Exports

Exports in Eastern Europe

In 2021, approx. X tons of ice skates and roller skates were exported in Eastern Europe; picking up by 37% compared with the previous year. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +49.1% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 56%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, skates exports soared to $X in 2021. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2014 with an increase of 46% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) prevails in exports structure, together making up 73% of total exports. Russia (X tons) took a 7.8% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (5.2%). The following exporters - Hungary (X tons), Slovakia (X tons), Lithuania (X tons) and Romania (X tons) - together made up 12% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +23.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest skates supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined 81% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +27.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 3.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 an increase of 14%. The level of export peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+11.8%), while the other leaders experienced more modest paces of growth.

Skates Imports

Imports in Eastern Europe

In 2021, approx. X tons of ice skates and roller skates were imported in Eastern Europe; with an increase of 54% against the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, skates imports skyrocketed to $X in 2021. Total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons) and Poland (X tons) were the largest importers of ice skates and roller skates in 2021, finishing at near 39% and 29% of total imports, respectively. It was distantly followed by the Czech Republic (X tons), constituting a 13% share of total imports. The following importers - Slovakia (X tons), Ukraine (X tons), Romania (X tons) and Hungary (X tons) - together made up 13% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +10.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 80% of total imports.

Poland, with a CAGR of +12.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, growing by 4.3% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 9.3%. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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