United Kingdom - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Waterproof Footwear in UK Hits a Low of $6.7 per Pair
United Kingdom Waterproof Footwear Import Price in June 2023
In June 2023, the waterproof footwear price amounted to $6.7 per pair (CIF, United Kingdom), dropping by -38.6% against the previous month. In general, the import price recorded a deep reduction. The growth pace was the most rapid in March 2023 when the average import price increased by 57% m-o-m. The import price peaked at $14.1 per pair in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($23.5 per pair), while the price for China ($5.6 per pair) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
| COUNTRY | Import Price of Waterproof Footwear in United Kingdom (USD per pair) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| Poland | 10.8 | 11.2 | 11.0 | 13.2 | 10.5 | 17.7 | 14.8 | 11.6 | 18.3 | 17.4 | 5.5 | 21.4 | 23.5 |
| Portugal | 7.6 | 8.2 | 17.5 | 8.3 | 28.5 | 9.7 | 8.5 | 14.4 | 8.6 | 10.8 | 8.7 | 7.9 | 7.6 |
| China | 9.9 | 8.7 | 9.8 | 7.4 | 10.7 | 12.7 | 11.2 | 8.7 | 5.9 | 9.4 | 7.5 | 7.6 | 5.6 |
| Average | 12.6 | 9.9 | 11.2 | 8.2 | 12.5 | 14.1 | 13.7 | 10.9 | 8.8 | 13.7 | 10.5 | 11.0 | 6.7 |
United Kingdom Waterproof Footwear Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was waterproof footwear, no toe cap, over ankle ($7.2 per pair), while the price for waterproof footwear, no toe cap, nes totaled $4.6 per pair.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by footwear; waterproof, covering the ankle (but not the knee), rubber or plastic outer soles and uppers (not assembled by stitch, rivet, nail, screw, plug or similar) (-4.5%).
United Kingdom Waterproof Footwear Imports
In June 2023, overseas purchases of waterproof footwear increased by 68% to 435K pairs, rising for the second consecutive month after three months of decline. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when imports increased by 92% month-to-month. Imports peaked at 871K pairs in October 2022; however, from November 2022 to June 2023, imports remained at a lower figure.
In value terms, waterproof footwear imports totaled $2.9M (IndexBox estimates) in June 2023. In general, imports, however, saw a pronounced decrease. The growth pace was the most rapid in October 2022 when imports increased by 62% m-o-m. As a result, imports reached the peak of $11M. From November 2022 to June 2023, the growth of imports failed to regain momentum.
United Kingdom Waterproof Footwear Imports by Type
In June 2023, waterproof footwear, no toe cap, over ankle (356K pairs) constituted the largest type of waterproof footwear supplied to the UK, with a 82% share of total imports. Moreover, waterproof footwear, no toe cap, over ankle exceeded the figures recorded for the second-largest type, waterproof footwear, no toe cap, nes (80K pairs), fourfold.
From June 2022 to June 2023, the average monthly growth rate of the volume of import of waterproof footwear, no toe cap, over ankle was relatively modest.
In value terms, waterproof footwear, no toe cap, over ankle ($2.6M) constituted the largest type of waterproof footwear supplied to the UK, comprising 88% of total imports. The second position in the ranking was taken by waterproof footwear, no toe cap, nes ($364K), with a 12% share of total imports.
United Kingdom Waterproof Footwear Imports by Country
In June 2023, China (361K pairs) constituted the largest waterproof footwear supplier to the UK, accounting for a 83% share of total imports. Moreover, waterproof footwear imports from China exceeded the figures recorded by the second-largest supplier, Portugal (36K pairs), tenfold. Lithuania (9.8K pairs) ranked third in terms of total imports with a 2.2% share.
From June 2022 to June 2023, the average monthly growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (+6.8% per month) and Lithuania (-1.0% per month).
In value terms, China ($2M) constituted the largest supplier of waterproof footwear to the UK, comprising 69% of total imports. The second position in the ranking was held by Portugal ($271K), with a 9.2% share of total imports. It was followed by Poland, with a 3.4% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of value from China amounted to -4.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (+6.9% per month) and Poland (+0.5% per month).
This report provides an in-depth analysis of the waterproof footwear market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
