U.S. - Leather Footwear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Footwear Price in United States Reduces to $25.2 per Pair
U.S. Leather Footwear Import Price in May 2023
In May 2023, the leather footwear price stood at $25.2 per pair (CIF, US), reducing by -5.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 8.4% m-o-m. The import price peaked at $27.0 per pair in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($149 per pair), while the price for Indonesia ($17.2 per pair) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Leather Footwear in U.S. (USD per pair) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Italy | 126 | 111 | 130 | 118 | 134 | 139 | 148 | 148 | 137 | 137 | 135 | 128 | 149 |
| Mexico | 42.8 | 47.2 | 45.0 | 51.2 | 52.5 | 52.8 | 53.9 | 52.8 | 51.5 | 52.7 | 50.5 | 49.5 | 53.1 |
| Germany | 41.2 | 41.5 | 42.3 | 40.8 | 41.5 | 41.1 | 41.0 | 41.5 | 43.0 | 41.6 | 41.7 | 42.6 | 42.2 |
| Brazil | 24.3 | 26.7 | 30.0 | 34.3 | 35.4 | 34.6 | 31.8 | 29.8 | 26.6 | 28.0 | 29.2 | 27.5 | 28.1 |
| Cambodia | 22.6 | 20.6 | 21.8 | 24.0 | 23.4 | 23.6 | 23.3 | 24.8 | 20.7 | 22.5 | 23.6 | 23.3 | 21.9 |
| India | 18.6 | 19.9 | 20.4 | 20.8 | 21.7 | 21.8 | 21.1 | 19.9 | 19.4 | 20.8 | 19.2 | 19.5 | 21.4 |
| Vietnam | 19.2 | 20.5 | 20.6 | 21.0 | 21.8 | 21.9 | 21.9 | 21.5 | 20.8 | 20.6 | 21.3 | 20.7 | 20.2 |
| China | 21.7 | 21.7 | 20.6 | 20.8 | 21.3 | 22.0 | 21.0 | 21.6 | 20.5 | 21.0 | 21.6 | 19.2 | 19.4 |
| Indonesia | 16.3 | 16.5 | 16.7 | 17.0 | 17.0 | 16.9 | 17.1 | 17.8 | 18.3 | 17.1 | 17.9 | 18.5 | 17.2 |
| Average | 23.3 | 24.8 | 24.1 | 24.3 | 24.2 | 26.2 | 26.4 | 26.5 | 25.3 | 26.1 | 27.0 | 26.7 | 25.2 |
U.S. Leather Footwear Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was footwear, outer soles and uppers of leather, nes ($98.7 per pair), while the price for footwear, nes, uppers leather ($19.3 per pair) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by footwear; n.e.s. in heading no. 6403, with outer soles and uppers of leather, covering the ankle (+3.2%), while the prices for the other products experienced more modest paces of growth.
U.S. Leather Footwear Imports
After three months of decline, supplies from abroad of leather footwear increased by 41% to 36M pairs in May 2023. In general, imports, however, saw a noticeable setback. Imports peaked at 60M pairs in August 2022; however, from September 2022 to May 2023, imports failed to regain momentum.
In value terms, leather footwear imports surged to $918M (IndexBox estimates) in May 2023. Overall, imports, however, recorded a noticeable descent. Imports peaked at 1.5B pairs in August 2022; however, from September 2022 to May 2023, imports failed to regain momentum.
U.S. Leather Footwear Imports by Type
In May 2023, footwear, sole rubber, plastics uppers of leather, nes (24M pairs) constituted the largest type of leather footwear supplied to the United States, with a 65% share of total imports. Moreover, footwear, sole rubber, plastics uppers of leather, nes exceeded the figures recorded for the second-largest type, boots, sole rubber or plastic upper leather, nes (11M pairs), twofold. The third position in this ranking was held by footwear, outer soles and uppers of leather, nes (783K pairs), with a 2.2% share.
From May 2022 to May 2023, the average monthly rate of growth in terms of the volume of import of footwear, sole rubber, plastics uppers of leather, nes amounted to -3.3%. With regard to the other supplied products, the following average monthly rates of growth were recorded: boots, sole rubber or plastic upper leather, nes (-3.2% per month) and footwear, outer soles and uppers of leather, nes (-2.6% per month).
In value terms, the most traded types of leather footwear in the United States were footwear, sole rubber, plastics uppers of leather, nes ($481M), boots, sole rubber or plastic upper leather, nes ($304M) and footwear, outer soles and uppers of leather, nes ($77M), with a combined 94% share of total imports. Footwear, soles, uppers of leather, over ankle, nes and footwear, nes, uppers leather lagged somewhat behind, together accounting for a further 6.1%.
U.S. Leather Footwear Imports by Country
Vietnam (13M pairs), China (9.1M pairs) and Indonesia (6M pairs) were the main suppliers of leather footwear imports to the United States, with a combined 79% share of total imports. Mexico, Cambodia, India, Italy, Germany and Brazil lagged somewhat behind, together comprising a further 15%.
From May 2022 to May 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +3.2%), while imports for the other leaders experienced a decline.
In value terms, the largest leather footwear suppliers to the United States were Vietnam ($272M), China ($176M) and Italy ($128M), together accounting for 63% of total imports. Indonesia, Mexico, Germany, Cambodia, India and Brazil lagged somewhat behind, together comprising a further 28%.
In terms of the main suppliers, Germany, with a CAGR of +3.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the leather footwear market in the U.S.. 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 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)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
