HS Code:
Ice skates, classified under HS Code 9506.70, encompass a range of products including hockey skates, figure skates, and recreational skates. This category includes both the skates themselves and their accessories, such as blades and protective gear. Ice skates are primarily used for sports, recreation, and professional performances, with significant demand driven by winter sports popularity in colder climates and indoor skating facilities worldwide. The global trade of ice skates is influenced by seasonal demand, manufacturing capabilities, and the prominence of ice sports in various regions.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
USD 60 million
24% of total trade of total trade
Increasing
USD 50 million
20% of total trade of total trade
Increasing
USD 45 million
18% of total trade of total trade
Stable
USD 30 million
12% of total trade of total trade
Stable
USD 25 million
10% of total trade of total trade
Decreasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Canada CETA)
Rising popularity of ice hockey in Asia
Increased demand for hockey skates in non-traditional markets like China and South Korea, driving export growth from major producers
2021-2023
Shift towards sustainable materials
Manufacturers are adopting eco-friendly materials for skate production, influencing sourcing patterns and increasing costs
2022
Growth of indoor skating rinks
Year-round demand for ice skates in warmer climates due to the proliferation of indoor facilities
2020-2023
The European Union introduced anti-dumping duties ranging from 8% to 12% on ice skates imported from China to protect domestic manufacturers.
March 2023
Potential shift in trade flows, with buyers looking to source from other countries like Vietnam or Canada.
A new bilateral agreement under USMCA reduced tariffs on sports equipment, including ice skates, to 0% between the two countries.
January 2023
Boosted trade volume between Canada and the US, strengthening North American market integration.
Major manufacturers introduced lightweight, high-performance blades targeting professional athletes, increasing demand in premium segments.
July 2022
Higher price points for premium products, potentially shifting trade focus to high-value markets.