Italy: Skates Market 2024

Skates Market Size in Italy

In 2021, the Italian skates market increased by 52% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption posted pronounced growth. Skates consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Skates Production in Italy

In value terms, skates production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. Skates production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Skates Exports

Exports from Italy

In 2021, shipments abroad of ice skates and roller skates was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a slight shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, skates exports soared to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of skates exports from Italy, together accounting for 45% of total exports. The Czech Republic, the Netherlands, Poland, the United States, Switzerland, Croatia, Slovakia, Slovenia, Denmark and the UK lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +21.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the largest markets for skates exported from Italy worldwide, together comprising 42% of total exports. The United States, the Czech Republic, Poland, the Netherlands, Switzerland, the UK, Denmark, Slovenia, Croatia and Slovakia lagged somewhat behind, together comprising a further 38%.

In terms of the main countries of destination, Croatia, with a CAGR of +17.5%, 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 average skates export price amounted to $X per ton, surging by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2016 an increase of 11%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady 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 the United States ($X per ton), while the average price for exports to Slovakia ($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 Denmark (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Italy

In 2021, supplies from abroad of ice skates and roller skates was finally on the rise to reach X tons after three years of decline. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, skates imports soared to $X in 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skates to Italy, with a 58% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.2% per year) and Spain (+70.2% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Italy, comprising 53% of total imports. The second position in the ranking was held by Vietnam ($X), with a 16% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.6% per year) and Spain (+55.1% per year).

Import Prices by Country

The average skates import price stood at $X per ton in 2021, with an increase of 7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 12%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from France ($X per ton) and Vietnam ($X per ton), while the price for Spain ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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