Saudi Arabia - Ice Skates and Roller Skates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Skates Market 2024
Skates Market Size in Saudi Arabia
In 2021, the Saudi skates market increased by 231% to $X for the first time since 2014, thus ending a six-year declining trend. In general, consumption saw a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Skates Production in Saudi Arabia
In value terms, skates production soared to $X in 2021 estimated in export price. Overall, production saw a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 59% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.
Skates Exports
Exports from Saudi Arabia
In 2021, shipments abroad of ice skates and roller skates decreased by -33.8% to X kg, falling for the third consecutive year after seven years of growth. In general, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when exports increased by 112%. Over the period under review, the exports attained the peak figure at X kg in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, skates exports shrank markedly to $X in 2021. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 76% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
The United Arab Emirates (X kg) was the main destination for skates exports from Saudi Arabia, accounting for a 96% share of total exports. Moreover, skates exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.
In value terms, the United Arab Emirates ($X) remains the key foreign market for ice skates and roller skates exports from Saudi Arabia, comprising 81% of total exports. The second position in the ranking was held by Bahrain ($X), with a 5.7% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at -9.2%.
Export Prices by Country
In 2021, the average skates export price amounted to $X per ton, which is down by -80.2% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates stood at $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 (-8.6%).
Skates Imports
Imports into Saudi Arabia
Skates imports into Saudi Arabia stood at X tons in 2021, therefore, remained relatively stable against 2020. Over the period under review, imports showed a buoyant expansion. The smallest decline of -27.1% was in 2014. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, skates imports totaled $X in 2021. Overall, imports enjoyed a buoyant increase. The smallest decline of -35.9% was in 2013. Imports peaked in 2021 and are likely to see steady growth in the near future.
Imports by Country
In 2021, China (X tons) was the main skates supplier to Saudi Arabia, accounting for a 95% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from China totaled +7.3%.
In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Saudi Arabia, comprising 86% of total imports. The second position in the ranking was taken by Italy ($X), with a 7.8% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China amounted to +7.1%.
Import Prices by Country
In 2021, the average skates import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.2%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the skates market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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