Switzerland: Skates Market 2024

Skates Market Size in Switzerland

For the third consecutive year, the Swiss skates market recorded growth in sales value, which increased by 0.1% to $X in 2021. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Skates consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Skates Exports

Exports from Switzerland

In 2021, the amount of ice skates and roller skates exported from Switzerland shrank markedly to X tons, which is down by -31.1% compared with the previous year. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 66%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, skates exports shrank significantly to $X in 2021. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 38% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Denmark (X tons) and Sweden (X tons) were the main destinations of skates exports from Switzerland, together accounting for 64% 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 Denmark (with a CAGR of +39.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Sweden ($X) constituted the largest markets for skates exported from Switzerland worldwide, together comprising 58% of total exports.

Denmark, with a CAGR of +38.1%, recorded 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, increasing by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2017 when the average export price increased by 40% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Finland ($X per ton), while the average price for exports to Bulgaria ($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 Czech Republic (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports

Imports into Switzerland

Skates imports into Switzerland reduced to X tons in 2021, remaining constant against 2020. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, skates imports contracted modestly to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 18%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest skates supplier to Switzerland, with a 73% share of total imports. Moreover, skates imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. The third position in this ranking was taken by Thailand (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-1.5% per year) and Thailand (-19.1% per year).

In value terms, China ($X) constituted the largest supplier of ice skates and roller skates to Switzerland, comprising 60% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports. It was followed by Thailand, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.5% per year) and Thailand (-14.7% per year).

Import Prices by Country

The average skates import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 an increase of 6.8% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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