U.S. Sporting And Athletic Goods Market. Analysis And Forecast to 2025

U.S.: Overview of the Market for Sporting And Athletic Goods 2019

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

The revenue of the sporting and athletic goods market in the U.S. amounted to $X in 2018, jumping by X% against the previous year. 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 in certain years. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the sporting and athletic goods market attained its peak figure level in 2018 and is likely to see steady growth in the near future.

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

In value terms, sporting and athletic goods production totaled $X in 2018. In general, sporting and athletic goods production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when production volume increased by X% year-to-year. Over the period under review, sporting and athletic goods production reached its maximum level in 2018 and is likely to continue its growth in the near future.

Exports of Sporting And Athletic Goods

Exports from the U.S.

In 2018, the amount of sporting and athletic goods exported from the U.S. totaled X tonnes, approximately equating the previous year. In general, sporting and athletic goods exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, sporting and athletic goods exports attained their peak figure at X tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, sporting and athletic goods exports totaled $X in 2018. Overall, sporting and athletic goods exports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, sporting and athletic goods exports reached their maximum at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

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., together comprising X% 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, 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, together accounting for X% of total exports.

South Korea experienced the highest rates of growth with regard to exports, among the main countries of destination over the last five-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average sporting and athletic goods export price amounted to $X per tonne, approximately reflecting the previous year. Overall, the sporting and athletic goods export price, however, continues to indicate a temperate slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for sporting and athletic goods attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, 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.

Sporting and athletic goods imports into the U.S. stood at X tonnes in 2018, picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, sporting and athletic goods imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, sporting and athletic goods imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, sporting and athletic goods imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

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 amounted to +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.

From 2013 to 2018, the average annual rate of growth in terms of value from China totaled +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 2018, the average sporting and athletic goods import price amounted to $X per tonne, going up by X% against the previous year. Overall, the sporting and athletic goods import price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

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

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform