Scandinavia: Skates Market 2024

Skates Market Size in Scandinavia

The Scandinavia skates market surged to $X in 2021, with an increase of 30% against the previous year. The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Skates Production in Scandinavia

In value terms, skates production skyrocketed to $X in 2021 estimated in export price. Overall, production posted a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 56% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Skates Exports

Exports in Scandinavia

In 2021, overseas shipments of ice skates and roller skates increased by 38% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 50%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, skates exports surged to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.0% against 2018 indices. The growth pace was the most rapid in 2016 when exports increased by 68% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Denmark (X tons) and Sweden (X tons) prevails in exports structure, together making up 97% of total exports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +34.4%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) constituted the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.

Denmark, with a CAGR of +47.8%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2016 when the export price increased by 12% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+10.7%), while the other leaders experienced more modest paces of growth.

Skates Imports

Imports in Scandinavia

In 2021, overseas purchases of ice skates and roller skates increased by 24% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, skates imports surged to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons) and Sweden (X tons) represented the key importers of ice skates and roller skates in 2021, recording near 43% and 34% of total imports, respectively. Finland (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Norway (9.6%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Denmark (with a CAGR of +16.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest skates importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Finland ($X), with a combined 87% share of total imports.

Denmark, with a CAGR of +16.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, growing by 13% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Finland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform