Report Update Nov 1, 2024

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

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Kuwait: Skates Market 2024

Skates Market Size in Kuwait

After four years of decline, the Kuwaiti skates market increased by 188% to $X in 2021. Over the period under review, consumption posted a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Skates Exports

Exports from Kuwait

After two years of decline, overseas shipments of ice skates and roller skates increased by 55% to X kg in 2021. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by 118% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, skates exports soared to $X in 2021. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2014 when exports increased by 107%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for skates exports from Kuwait, accounting for a 98% share of total exports. It was followed by Zimbabwe (X kg), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +18.1%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for ice skates and roller skates exports from Kuwait, comprising 100% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +13.4%.

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, with a decrease of -14.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Zimbabwe amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-4.0%).

Skates Imports

Imports into Kuwait

In 2021, purchases abroad of ice skates and roller skates increased by 158% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, skates imports skyrocketed to $X in 2021. Over the period under review, imports recorded a prominent expansion. As a result, imports reached 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 Kuwait, with a 76% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+14.1% per year) and Taiwan (Chinese) (+64.3% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Kuwait, comprising 62% of total imports. The second position in the ranking was held by Mauritius ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mauritius (0.0% per year) and the United Arab Emirates (+4.9% per year).

Import Prices by Country

In 2021, the average skates import price amounted to $X per ton, jumping by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mauritius ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

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, together comprising 47% 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?

China constituted the country with the largest volume of skates production, comprising approx. 62% of total volume. Moreover, skates production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Pakistan, with a 4.2% share.

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

In value terms, China constituted the largest supplier of skates to Kuwait.

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

The average skates export price stood at $71,857 per ton in 2020, picking up by 1,251% against the previous year.

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

The average skates import price stood at $7,072 per ton in 2020, dropping by -3.6% against the previous year.

This report provides an in-depth analysis of the skates market in Kuwait. 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:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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