Portugal: Skates Market 2024

Skates Market Size in Portugal

In 2021, the Portuguese skates market increased by 29% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a tangible expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Skates Production in Portugal

In value terms, skates production amounted to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. Skates production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Skates Exports

Exports from Portugal

After three years of decline, shipments abroad of ice skates and roller skates increased by 275% to X tons in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 704%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, skates exports skyrocketed to $X in 2021. In general, exports enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 when exports increased by 466%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Spain (X tons) and Angola (X tons) were the main destinations of skates exports from Portugal, together accounting for 80% 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 Germany (with a CAGR of +302.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for ice skates and roller skates exports from Portugal, comprising 40% of total exports. The second position in the ranking was taken by Spain ($X), with a 10% share of total exports. It was followed by the United States, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +425.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-7.5% per year) and the United States (+50.7% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, jumping by 24% against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, skates export price increased by +81.0% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 the United States (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Portugal

In 2021, after three years of decline, there was significant growth in supplies from abroad of ice skates and roller skates, when their volume increased by 46% to X tons. Overall, imports saw slight growth. The most prominent rate of growth was recorded in 2016 when imports increased by 276%. Over the period under review, imports attained the maximum 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. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 299%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), France (X tons) and Italy (X tons) were the main suppliers of skates imports to Portugal, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +26.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest skates suppliers to Portugal were Spain ($X), France ($X) and Italy ($X), together accounting for 82% of total imports.

Italy, with a CAGR of +23.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average skates import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2014 an increase of 16%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Italy ($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 (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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