Which Country Imports the Most Waterproof Footwear in the World?
Footwear May 28, 2018
In 2016, the amount of waterproof footwear imported worldwide totaled 451K tonnes, remaining constant against the previous year level. The total import volume increased at an average annual rate of +2.0% from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010, when imports increased by 11% from the previous year level. Over the period under review, global waterproof footwear imports attained its maximum volume of 456K tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.
In value terms, waterproof footwear imports amounted to $1.4B in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, waterproof footwear imports decreased by -15.8% against its level of 2014. Global waterproof footwear import peaked of $1.6B in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Waterproof Footwear Importing Countries in the World
1. USA (164.7 million USD)
2. Japan (152.5 million USD)
3. United Kingdom (97.4 million USD)
4. Germany (80.2 million USD)
5. France (66.9 million USD)
6. Italy (63.5 million USD)
7. Saudi Arabia (59.9 million USD)
8. China, Hong Kong SAR (44.4 million USD)
9. Canada (34.6 million USD)
10. Portugal (7.6 million USD)
11. China (2.9 million USD)
12. Ecuador (0.9 million USD)
Waterproof Footwear Imports By Country
China (128K tonnes) was the major importing country with an import of around 128K tonnes, which resulted at 28% of total imports. The U.S. (49K tonnes) took the second position in the ranking, followed by Japan (26K tonnes), and Saudi Arabia (21K tonnes). All these countries together held approx. 21% share of total imports. The following importers - Italy (17K tonnes), the UK (13K tonnes), China, Hong Kong SAR (11K tonnes), Germany (10K tonnes), Canada (9.3K tonnes), Ecuador (9.1K tonnes), Portugal (8.6K tonnes), and France (8.5K tonnes) together made up 19% of total imports.
China experienced a relatively flat trend pattern. At the same time, China, Hong Kong SAR (+28.9%), Saudi Arabia (+14.6%), the U.S. (+14.1%), Canada (+12.3%), Portugal (+9.3%), France (+2.4%), Germany (+1.7%), and Ecuador (+1.2%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing importer/exporter in the world, with a CAGR of +28.9% from 2007-2016. The UK, Italy, and Japan experienced a relatively flat trend pattern. While the share of China, Hong Kong SAR (-2.3%), Saudi Arabia (-3.4%), and the U.S. (-7.5%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest waterproof footwear markets worldwide were the U.S. ($165M), Japan ($153M) and the UK ($97M), with a combined 31% share of global imports.Germany, France, Italy, Saudi Arabia, China, Hong Kong SAR, Canada, Portugal, China and Ecuador lagged somewhat behind, together accounting for a further 27%.
China, Hong Kong SAR (+22.8% per year) recorded the highest growth rate of waterproof footwear imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Waterproof Footwear Import Prices By Country
The average waterproof footwear import price stood at $3,007 per tonne in 2016, coming down by -10.4% against the previous year. Over the last nine years it increased at an average annual rate of +2.6%.The pace of growth appeared the most rapid in 2011, when import increased by 19% from the previous year level. In that year, average waterproof footwear import price attained its maximum level of $3,713 per tonne. From 2012 to 2016, growth of average waterproof footwear import price stood at a somewhat lower level.
Import prices varied noticeably by country of destination. the country with the highest import prices was France ($7,896 per tonne), while China ($22 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of waterproof footwear import prices was attained by Italy (+14.0% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global waterproof footwear market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- waterproof footwear market share
- waterproof footwear prices
- waterproof footwear industry
- waterproof footwear sales
- waterproof footwear import
- waterproof footwear export
- waterproof footwear market forecast
- waterproof footwear price forecast
- key waterproof footwear producers
All data provided in this article covers the following product: HS Code 6401 - Footwear; waterproof, with outer soles and uppers of rubber or plastics, (uppers not fixed to the sole nor assembled by stitch, rivet, nail, screw, plug or similar).
Source: World: Footwear - Market Report. Analysis and Forecast to 2025
