Romania: Skates Market 2024

Skates Market Size in Romania

After three years of decline, the Romanian skates market increased by 24% to $X in 2021. Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Skates Exports

Exports from Romania

In 2021, approx. X tons of ice skates and roller skates were exported from Romania; surging by 44% compared with the previous year. Overall, exports, however, showed a perceptible curtailment. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, skates exports soared to $X in 2021. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for skates exports from Romania, with a 57% share of total exports. Moreover, skates exports to Bulgaria exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria amounted to +139.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-20.1% per year) and the Czech Republic (+114.7% per year).

In value terms, Bulgaria ($X) remains the key foreign market for ice skates and roller skates exports from Romania, comprising 49% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria amounted to +118.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-8.7% per year) and the Czech Republic (+102.3% per year).

Export Prices by Country

In 2021, the average skates export price amounted to $X per ton, rising by 27% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 133% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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 ($X per ton), while the average price for exports to Moldova ($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 (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Romania

In 2021, purchases abroad of ice skates and roller skates was finally on the rise to reach X tons after three years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 66% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, skates imports skyrocketed to $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 36%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), France (X tons) and China (X tons) were the main suppliers of skates imports to Romania, together accounting for 73% of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +236.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest skates suppliers to Romania were Spain ($X), France ($X) and China ($X), together accounting for 68% of total imports.

Spain, with a CAGR of +238.5%, saw the highest growth rate of the value of imports, in terms of 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, falling by -1.8% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.5% 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 import price increased by +14.4% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then shrank modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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