U.S.: Overview of the Market for Sporting And Athletic Goods 2020

Market Size for Sporting And Athletic Goods in the U.S.

For the third consecutive year, the U.S. sporting and athletic goods market recorded growth in sales value, which increased by X% to $X in 2019. In general, the total consumption indicated prominent growth from 2013 to 2019: its value increased at an average annual rate of +X% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2013 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sporting And Athletic Goods in the U.S.

In value terms, sporting and athletic goods production totaled $X in 2019. The total output value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Sporting And Athletic Goods

Exports from the U.S.

In 2019, approx. X tonnes of sporting and athletic goods were exported from the U.S.; waning by -X% on the previous year. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, sporting and athletic goods exports fell rapidly to $X in 2019. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

India (X tonnes), Iraq (X tonnes) and the Dominican Republic (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 2019, the biggest increases were in Iraq (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Israel ($X) and the Dominican Republic ($X) appeared to be the largest markets for sporting and athletic goods exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by the Philippines, Guatemala, Bahamas, Panama, Egypt, Iraq, the Czech Republic, Jordan and Lebanon, which together accounted for a further X recorded the highest growth rate of the value of exports, among 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

In 2019, the average sporting and athletic goods export price amounted to $X per tonne, with an increase of X% against the previous year. Over the last six years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Israel ($X per tonne), while the average price for exports to Iraq ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sporting And Athletic Goods

Imports into the U.S.

In 2019, supplies from abroad of sporting and athletic goods increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sporting and athletic goods imports expanded notably to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are likely to see steady growth in years to come.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of sporting and athletic goods to the U.S., accounting for 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), twofold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2019, 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 Canada (+X% per year).

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

From 2013 to 2019, the average annual rate of growth in terms of value 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).

Import Prices by Country

In 2019, the average sporting and athletic goods import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of sporting and athletic goods to the U.S.?

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In value terms, China ($5.4B) constituted the largest supplier of sporting and athletic goods to the U.S., comprising 61% of total imports. The second position in the ranking was occupied by Taiwan, Chinese ($1.1B), with a 12% share of total imports. It was followed by Viet Nam, with a 4.2% share.

What are the leading importers of sporting and athletic goods from the U.S.?

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In value terms, the largest markets for sporting and athletic goods exported from the U.S. were India ($20M), Israel ($17M) and the Dominican Republic ($15M), together comprising 22% of total exports. These countries were followed by the Philippines, Guatemala, Bahamas, Panama, Egypt, Iraq, the Czech Republic, Jordan and Lebanon, which together accounted for a further 29%.

What is the average export price for sporting and athletic goods in the U.S.?

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The average sporting and athletic goods export price stood at $8,330 per tonne in 2019, surging by 3.9% against the previous year.

What is the average import price for sporting and athletic goods in the U.S.?

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The average sporting and athletic goods import price stood at $3,120 per tonne in 2019, shrinking by -55.4% against the previous year.