Report Update Nov 1, 2024

India - Ice Skates and Roller Skates - Market Analysis, Forecast, Size, Trends and Insights

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India: Skates Market 2024

Skates Market Size in India

The Indian skates market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption recorded a prominent increase. Skates consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Skates Exports

Exports from India

In 2021, skates exports from India soared to X tons, increasing by 50% compared with the previous year's figure. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 4,773%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, skates exports skyrocketed to $X in 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 4,063%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main destinations of skates exports from India, together accounting for 57% of total exports. Poland, Bangladesh, Sri Lanka, Spain and the UK lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +89.3%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for ice skates and roller skates exports from India, comprising 32% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Poland, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+99.5% per year) and Poland (+56.9% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, with an increase of 11% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 Bangladesh (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into India

In 2021, approx. X tons of ice skates and roller skates were imported into India; increasing by 69% compared with 2020. Overall, imports recorded a strong increase. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, skates imports surged to $X in 2021. Over the period under review, imports recorded a remarkable increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main skates supplier to India, accounting for a 93% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +16.4%.

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to India, comprising 93% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +18.2%.

Import Prices by Country

The average skates import price stood at $X per ton in 2021, increasing by 7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average import price increased by 18%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ice skates and roller skates in the world?

The countries with the highest volumes of skates consumption in 2020 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Pakistan, Russia, Bangladesh, Indonesia, Germany, Canada, France, Ethiopia, the UK and the Netherlands, which together accounted for a further 27%.

What are the largest producers of ice skates and roller skates in the world?

The country with the largest volume of skates production was China, accounting for 62% of total volume. Moreover, skates production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Pakistan ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of ice skates and roller skates to India?

In value terms, China constituted the largest supplier of skates to India, comprising 92% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 1.6% share of total imports. It was followed by Singapore, with a 1.6% share.

What are the leading importers of ice skates and roller skates from India?

In value terms, China remains the key foreign market for skates exports from India, comprising 46% of total exports. The second position in the ranking was occupied by the United States, with a 17% share of total exports. It was followed by Sri Lanka, with a 14% share.

What is the average export price for ice skates and roller skates in India?

In 2020, the average skates export price amounted to $21,866 per ton, increasing by 4.1% against the previous year.

What is the average import price for ice skates and roller skates in India?

The average skates import price stood at $14,159 per ton in 2020, picking up by 19% against the previous year.

This report provides an in-depth analysis of the skates market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301150 - Ice skates and roller skates, including skating boots with skates attached, parts and accessories therefor

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023