Italy - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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Italy - Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Nov 30, 2023

Italy's August 2023 Export of Footwear Plummets to $850M

Italy Footwear Exports

After three months of growth, overseas shipments of footwear decreased by -20.8% to 10M pairs in August 2023. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when exports increased by 32% against the previous month. As a result, the exports attained the peak of 15M pairs. From October 2022 to August 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear exports fell remarkably to $850M (IndexBox estimates) in August 2023. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when exports increased by 30% month-to-month. The exports peaked at 1.2B pairs in March 2023; however, from April 2023 to August 2023, the exports remained at a lower figure.Italy Footwear Exports By Country (Million USD)

COUNTRYExport Value of Footwear in Italy (million USD)
Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023
France99.9176157163152159189211158208211230128
United States10711412413814211511512910712814112797.8
Germany81.295.877.578.372.910410310067.083.099.411579.6
Switzerland87.016416917416417215714611816713111757.7
Spain32.740.629.326.326.134.639.045.226.230.638.045.842.5
Poland29.929.324.832.121.423.531.229.018.719.822.228.035.9
Belgium18.620.811.815.017.827.024.218.99.48.514.726.315.2
Others328384356361363383430497350440442467393
Total7851,0249499889591,0181,0881,1758541,0851,1001,156850

Exports by Country

France (1.7M pairs), Germany (1.3M pairs) and Spain (863K pairs) were the main destinations of footwear exports from Italy, together accounting for 37% of total exports.

From August 2022 to August 2023, the biggest increases were in Spain (with a CAGR of +1.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for footwear exported from Italy were France ($128M), the United States ($98M) and Germany ($80M), together accounting for 36% of total exports. These countries were followed by Switzerland, Spain, Poland and Belgium, which together accounted for a further 18%.

Spain, with a CAGR of +2.2%, saw the highest rates of growth with regard to 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.

Exports by Type

Leather footwear (5.4M pairs) was the largest type of footwear exported from Italy, with a 52% share of total exports. Moreover, leather footwear exceeded the volume of the second product type, footwear with uppers of textile materials (2.5M pairs), twofold. Footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap (2.2M pairs) ranked third in terms of total exports with a 21% share.

From August 2022 to August 2023, the average monthly rate of growth in terms of the volume of export of leather footwear was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: footwear with uppers of textile materials (-0.2% per month) and footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap (-1.1% per month).

In value terms, leather footwear ($601M) remains the largest type of footwear exported from Italy, comprising 71% of total exports. The second position in the ranking was taken by footwear with uppers of textile materials ($158M), with a 19% share of total exports. It was followed by footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, with a 9.7% share.

From August 2022 to August 2023, the average monthly growth rate of the export volume of leather footwear was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: footwear with uppers of textile materials (+0.6% per month) and footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap (-0.1% per month).

Export Prices by Country

In August 2023, the footwear price amounted to $81.8 per pair (FOB, Italy), dropping by -7.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in May 2023 an increase of 13% m-o-m. As a result, the export price reached the peak level of $97,461 per thousand pairs. From June 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($198 per pair), while the average price for exports to the Czech Republic ($38.1 per pair) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the footwear market in Italy. 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 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
  • Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
  • Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
  • Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
  • Prodcom 15201351 - Men
  • Prodcom 15201352 - Women
  • Prodcom 15201353 - Children
  • Prodcom 15201361 - Men
  • Prodcom 15201362 - Women
  • Prodcom 15201363 - Children
  • Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
  • Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
  • Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
  • Prodcom 15201231 - Town footwear with rubber or plastic uppers
  • Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
  • Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

Country coverage:

  • Italy

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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