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: Dec 9, 2023

Significant Decrease in Italy's August 2023 Export of Waterproof Shoes to $8.3M

Italy Waterproof Footwear Exports

In August 2023, overseas shipments of waterproof footwear decreased by -43.7% to 374K pairs for the first time since April 2023, thus ending a three-month rising trend. Over the period under review, exports recorded a slight curtailment. The most prominent rate of growth was recorded in September 2022 with an increase of 169% month-to-month. As a result, the exports attained the peak of 1.1M pairs. From October 2022 to August 2023, the growth of the exports remained at a lower figure.

In value terms, waterproof footwear exports plummeted to $8.3M (IndexBox estimates) in August 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 with an increase of 131% against the previous month. As a result, the exports reached the peak of $19M. From October 2022 to August 2023, the growth of the exports failed to regain momentum.Italy Waterproof Footwear Exports By Country (Thousand USD)

COUNTRYExport Value of Waterproof Footwear in Italy (thousand USD)
Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023
France1,0081,7381,2271,1388681,2201,9901,0608991,9561,6392,1301,792
Germany1,5656,5043,1407368903,6071,6905242556591,2024,7981,104
United States396392441386591738721225201170238407512
Switzerland292902929424135479235318181233227607481
United Kingdom19042910123232740714886.019312492.3217391
Belgium6051,5698546093722686963815481831021,00739.4
Ghana85.2N/AN/A24.950.494.647.147.0100136N/AN/AN/A
Others3,9247,0975,0843,1082,2352,1784,5823,5082,3382,3883,2464,7013,990
Total8,06518,63111,7766,6595,4708,99010,1106,1504,7155,8486,74613,8688,310

Exports by Country

France (140K pairs) was the main destination for waterproof footwear exports from Italy, with a 37% share of total exports. Moreover, waterproof footwear exports to France exceeded the volume sent to the second major destination, Germany (59K pairs), twofold. The third position in this ranking was taken by Switzerland (15K pairs), with a 3.9% share.

From August 2022 to August 2023, the average monthly rate of growth in terms of volume to France amounted to +4.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-3.0% per month) and Switzerland (+5.2% per month).

In value terms, France ($1.8M), Germany ($1.1M) and the United States ($512K) were the largest markets for waterproof footwear exported from Italy worldwide, together accounting for 41% of total exports. These countries were followed by Switzerland, the UK and Belgium, which together accounted for a further 11%.

the UK, with a CAGR of +6.2%, saw 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.

Exports by Type

Waterproof footwear, no toe cap, over ankle (316K pairs) was the largest type of waterproof footwear exported from Italy, accounting for a 84% share of total exports. Moreover, waterproof footwear, no toe cap, over ankle exceeded the volume of the second product type, waterproof footwear, no toe cap, nes (58K pairs), fivefold.

From August 2022 to August 2023, the average monthly rate of growth in terms of the volume of export of waterproof footwear, no toe cap, over ankle was relatively modest.

In value terms, the most traded types of waterproof footwear in Italy were waterproof footwear, no toe cap, over ankle ($5M) and waterproof footwear, no toe cap, nes ($3.3M).

Footwear; waterproof, n.e.s. in heading no. 6401, rubber or plastic outer soles and uppers (not assembled by stitch, rivet, nail, screw, plug or similar), with a CAGR of +1.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review.

Export Prices by Country

In August 2023, the waterproof footwear price amounted to $22.2 per pair (FOB, Italy), increasing by 6.4% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 22% m-o-m. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($94.6 per pair), while the average price for exports to Bosnia and Herzegovina ($8.2 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 Belgium (+11.6%), 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 waterproof 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 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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