Report Update: Apr 1, 2024

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

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Skates Price in India - 2023

Skates Price in India (CIF) - 2022

The average skates import price stood at $16 per unit in 2022, surging by 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($17 per unit), while the price for the UK ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Skates Price in India (FOB) - 2022

In 2022, the average skates export price amounted to $25 per unit, increasing by 4.3% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skates export price increased by +21.6% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $26 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($30 per unit), while the average price for exports to the United Arab Emirates ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Skates Imports in India

In 2022, skates imports into India skyrocketed to 378K units, with an increase of 47% on 2021 figures. Overall, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, skates imports skyrocketed to $6.2M in 2022. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Skates in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.2	2.0	3.6	5.6	20.5%
United Kingdom	0.3	N/A	N/A	0.2	-12.6%
Taiwan (Chinese)	N/A	N/A	0.1	0.2	100.0%
Others	0.2	0.1	0.2	0.2	0.0%
Total	3.7	2.2	3.9	6.2	18.8%

Top Suppliers of Skates to India in 2022:

China (340.3K units)
United Kingdom (11.8K units)
Taiwan (Chinese) (9.8K units)

Skates Exports in India

In 2022, exports of ice skates and roller skates from India rose slightly to 15K units, increasing by 4.9% against 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 50%. Over the period under review, the exports attained the maximum at 15K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, skates exports expanded sharply to $372K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Skates in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	66.4	98.6	110	162	34.6%
United States	56.0	36.9	42.0	71.2	8.3%
Sri Lanka	20.7	30.6	26.9	40.8	25.4%
Spain	12.6	12.2	23.8	35.2	40.8%
United Arab Emirates	4.5	0.9	22.5	33.2	94.7%
Italy	1.4	11.6	14.0	20.7	145.4%
South Korea	102	N/A	N/A	N/A	0%
Poland	13.1	N/A	31.8	N/A	55.8%
Others	37.1	13.1	69.1	8.4	-39.1%
Total	313	204	340	372	5.9%

Top Export Markets for Skates from India in 2022:

China (5.4K units)
United Arab Emirates (3.1K units)
United States (2.6K units)
Sri Lanka (1.5K units)
Spain (1.2K units)
Italy (0.7K units)

Source: IndexBox Market Intelligence Platform

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

India

Data coverage:

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