Report Update Nov 1, 2024

Sri Lanka - Ice Skates and Roller Skates - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Skates Market 2024

Skates Market Size in Sri Lanka

The Sri Lankan skates market skyrocketed to $X in 2021, picking up by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed significant growth. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the immediate term.

Skates Exports

Exports from Sri Lanka

Skates exports from Sri Lanka surged to X kg in 2021, rising by 29% against 2020 figures. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 187% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, skates exports reduced sharply to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 370%. The exports peaked at $X in 2020, and then reduced notably in the following year.

Exports by Country

Slovakia (X kg), Turkey (X kg) and Serbia (X kg) were the main destinations of skates exports from Sri Lanka, together accounting for 97% 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 Turkey (with a CAGR of +68.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for skates exported from Sri Lanka were Slovakia ($X), Turkey ($X) and Serbia ($X), with a combined 90% share of total exports.

Serbia, with a CAGR of +180.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average skates export price stood at $X per ton in 2021, declining by -40% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 62%. The export price peaked at $X per ton in 2020, and then contracted notably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to India ($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 Serbia (+251.4%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Sri Lanka

In 2021, approx. X tons of ice skates and roller skates were imported into Sri Lanka; growing by 11% compared with 2020. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 142% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, skates imports skyrocketed to $X in 2021. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 133%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest skates supplier to Sri Lanka, with a 68% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. The third position in this ranking was held by Greece (X kg), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.3% per year) and Greece (+9.1% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Sri Lanka, comprising 71% of total imports. The second position in the ranking was taken by India ($X), with a 16% share of total imports. It was followed by Hong Kong SAR, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+22.8% per year) and Hong Kong SAR (+54.5% per year).

Import Prices by Country

In 2021, the average skates import price amounted to $X per ton, with an increase of 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while the price for Greece ($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 (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ice skates and roller skates in the world?

The countries with the highest volumes of skates consumption in 2020 were China, the United States and India, together comprising 47% of global consumption. Pakistan, Russia, Bangladesh, Indonesia, Germany, Canada, France, Ethiopia, the UK and the Netherlands lagged somewhat behind, together comprising a further 27%.

What are the largest producers of ice skates and roller skates in the world?

China constituted the country with the largest volume of skates production, accounting for 62% of total volume. Moreover, skates production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Pakistan, with a 4.2% share.

What are the leading suppliers of ice skates and roller skates to Sri Lanka?

In value terms, China constituted the largest supplier of skates to Sri Lanka, comprising 87% of total imports. The second position in the ranking was occupied by the United States, with a 6.7% share of total imports.

What is the average export price for ice skates and roller skates in Sri Lanka?

In 2020, the average skates export price amounted to $1,439 per ton, falling by -89.7% against the previous year.

What is the average import price for ice skates and roller skates in Sri Lanka?

In 2020, the average skates import price amounted to $14,166 per ton, rising by 7.3% against the previous year.

This report provides an in-depth analysis of the skates market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023