Report Update: Apr 1, 2024

Hungary - Ice Skates And Roller Skates - Market Analysis, Forecast, Size, Trends And Insights

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Skates Price in Hungary - 2023

Skates Price in Hungary (CIF) - 2023

In June 2023, the average skates import price amounted to $34.4 per unit, shrinking by -23.3% against the previous month. Overall, the import price, however, recorded resilient growth. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 270% m-o-m. Over the period under review, average import prices hit record highs at $71.5 per unit in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($136 per unit), while the price for China ($12.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Skates Price in Hungary (FOB) - 2023

The average skates export price stood at $27.3 per unit in June 2023, growing by 26% against the previous month. In general, export price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, skates export price increased by +55.5% against March 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 35% against the previous month. Over the period under review, the average export prices attained the peak figure in June 2023.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Austria ($37.9 per unit), while the average price for exports to Iraq ($704 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports in Hungary

Skates imports into Hungary soared to 358K units in 2022, growing by 19% against the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed 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 skyrocketed to $5.2M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Skates in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	501	807	1,112	1,657	49.0%
Czech Republic	43.4	332	1,271	1,616	233.9%
Sweden	352	287	352	594	19.1%
Spain	1,343	663	754	323	-37.8%
Austria	153	130	220	300	25.2%
Belgium	0.2	172	36.9	277	1014.7%
Slovakia	1,151	674	165	94.7	-56.5%
China	9.0	49.2	166	93.6	118.3%
Germany	185	165	9.3	28.3	-46.5%
Others	208	203	225	192	-2.6%
Total	3,944	3,482	4,310	5,174	9.5%

Top Suppliers of Skates to Hungary in 2022:

France (179.6K units)
Spain (39.4K units)
Belgium (32.4K units)
Austria (28.6K units)
Czech Republic (18.5K units)
Slovakia (14.8K units)
China (12.0K units)
Sweden (11.5K units)
Germany (8.4K units)

Skates Exports in Hungary

In 2022, after three years of growth, there was significant decline in shipments abroad of ice skates and roller skates, when their volume decreased by -40.1% to 45K units. Overall, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 110%. As a result, the exports reached the peak of 75K units, and then plummeted in the following year.

In value terms, skates exports reduced rapidly to $565K in 2022. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 142%. As a result, the exports attained the peak of $910K, and then shrank markedly in the following year.

Export of Skates in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	132	67.7	449	304	32.1%
Serbia	11.1	153	225	244	180.1%
Austria	62.5	77.4	173	4.7	-57.8%
Others	127	79.0	63.3	11.6	-55.0%
Total	333	377	910	565	19.3%

Top Export Markets for Skates from Hungary in 2022:

Slovakia (26.4K units)
Serbia (17.7K units)
Austria (0.3K units)

Source: IndexBox Market Intelligence Platform

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

Hungary

Data coverage:

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