New Zealand: Skates Market 2024

Skates Market Size in New Zealand

In 2021, the New Zealand skates market increased by 82% to $X, rising for the seventh consecutive year after two years of decline. In general, consumption saw a prominent increase. Skates consumption peaked in 2021 and is expected to retain growth in the near future.

Skates Exports

Exports from New Zealand

In 2021, overseas shipments of ice skates and roller skates increased by 72% to X kg, rising for the third consecutive year after six years of decline. Over the period under review, exports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of 242% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, skates exports surged to $X in 2021. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 362% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cook Islands (X kg), Thailand (X kg) and Fiji (X kg) were the main destinations of skates exports from New Zealand, together comprising 49% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +29.5%), while the other leaders experienced mixed trend patterns.

In value terms, Cook Islands ($X) remains the key foreign market for ice skates and roller skates exports from New Zealand, comprising 27% of total exports. The second position in the ranking was held by Denmark ($X), with a 9.4% share of total exports. It was followed by Germany, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cook Islands amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-12.8% per year) and Germany (-10.5% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, with a decrease of -5.1% against the previous year. Overall, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 128% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Fiji ($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 Italy (+347.6%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into New Zealand

For the third consecutive year, New Zealand recorded growth in purchases abroad of ice skates and roller skates, which increased by 73% to X tons in 2021. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 96%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, skates imports soared to $X in 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest skates supplier to New Zealand, with a 84% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.4% per year) and Italy (+25.0% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to New Zealand, comprising 81% of total imports. The second position in the ranking was taken by the United States ($X), with a 3.9% share of total imports. It was followed by Italy, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.6% per year) and Italy (+4.2% per year).

Import Prices by Country

The average skates import price stood at $X per ton in 2021, increasing by 8% against the previous year. Overall, the import price continues to indicate a mild increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from the United States ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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