Sporting And Athletic Goods Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Sporting And Athletic Goods Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the sporting and athletic goods market in the U.S. amounted to $X in 2018, surging by X% 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). The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Sporting and athletic goods consumption peaked in 2018, and is expected to retain its growth in the immediate term.

Production of Sporting And Athletic Goods in the USA

In value terms, sporting and athletic goods production stood at $X in 2018. In general, sporting and athletic goods production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y.

Production By Type in the USA

In value terms, the most produced types of sporting and athletic goods in the U.S. were gymnasium and exercise equipment ($X), other sporting and athletic goods ($X) and golf equipment (excluding apparel and shoes) ($X), together accounting for X% of total production.

Among the main produced products, gymnasium and exercise equipment (+X% per year) recorded the highest rates of growth with regard to sporting and athletic goods production, over the last five year period, while the other products experienced more modest paces of growth.

Exports of Sporting And Athletic Goods

Exports from the USA

In 2018, the amount of sporting and athletic goods exported from the U.S. amounted to X tonnes, approximately equating the previous year. Overall, sporting and athletic goods exports continue to indicate a mild contraction.

In value terms, sporting and athletic goods exports totaled $X (IndexBox estimates) in 2018.

Exports by Country

South Korea (X tonnes), Japan (X tonnes) and the UK (X tonnes) were the main destinations of sporting and athletic goods exports from the U.S., with a combined X% share of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and the UK ($X) constituted the largest markets for sporting and athletic goods exported from the U.S. worldwide, with a combined X% share of total exports.

Export Prices by Country

In 2018, the average sporting and athletic goods export price amounted to $X per kg, flattening at the previous year. In general, the sporting and athletic goods export price continues to indicate a measured decrease.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Japan ($X per kg), while the average price for exports to China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Sporting And Athletic Goods

Imports into the USA

In 2018, approx. X tonnes of sporting and athletic goods were imported into the U.S.; growing by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period.

In value terms, sporting and athletic goods imports stood at $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, sporting and athletic goods imports reached their maximum in 2018, and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of sporting and athletic goods to the U.S., with a X% share of total imports. Moreover, sporting and athletic goods imports from China exceeded the figures recorded by the second largest supplier, Taiwan, Chinese (X tonnes), ninefold.

From 2013 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and Viet Nam (+X% per year).

In value terms, China ($X) constituted the largest supplier of sporting and athletic goods to the U.S., comprising X% of total sporting and athletic goods imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total imports.

Import Prices by Country

The average sporting and athletic goods import price stood at $X per kg in 2018, growing by X% against the previous year. In general, the sporting and athletic goods import price continues to indicate a slight shrinkage.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Viet Nam ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the import prices for the other major suppliers experienced a decline.

Companies Mentioned in the Report

Acushnet Company, The Burton Corporation, Icon Health & Fitness, Precor Incorporated, Callaway Golf Company, Nautilus, Cybex International, AMF Bowling Worldwide, Johnson Outdoors, Brg Sports, Pure Fishing, Rawlings Sporting Goods Company, Playpower, Amer Sports Company, The Intertech Group Inc, Bell Sports Corp, Brunswick Bowling Products, Kent Sporting Goods Company, Topgolf International, Taylor Made Golf Company, Outdoor Sports Gear, Playcore Holdings, Karsten Manufacturing Corporation, Escalade, Incorporated, Diamond Black, Rbg Holdings Corp., Lucky Strike Entertainment, Jas. D. Easton, Bbp Investment Holdings

Source: IndexBox Platform