Hong Kong SAR, China - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAthletic Footwear Price in Hong Kong SAR - 2023
Contents:
- Athletic Footwear Price in Hong Kong SAR (FOB) - 2023
- Athletic Footwear Price in Hong Kong SAR (CIF) - 2023
- Athletic Footwear Exports in Hong Kong SAR
- Athletic Footwear Imports in Hong Kong SAR
Athletic Footwear Price in Hong Kong SAR (FOB) - 2023
The average athletic footwear export price stood at $36.2 per pair in September 2023, reducing by -6.4% against the previous month. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 17% against the previous month. The export price peaked at $50.3 per pair in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($67.2 per pair), while the average price for exports to the United Arab Emirates ($16.1 per pair) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.1%), while the prices for the other major destinations experienced a decline.
Athletic Footwear Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average athletic footwear import price amounted to $31.5 per pair, picking up by 14% against the previous month. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 46% month-to-month. As a result, import price reached the peak level of $46.3 per pair. From March 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($35.4 per pair), while the price for Indonesia ($21.9 per pair) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+11.7%), while the prices for the other major suppliers experienced a decline.
Athletic Footwear Exports in Hong Kong SAR
In 2022, approx. 13M pairs of athletic footwear were exported from Hong Kong SAR; surging by 11% on 2021. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, athletic footwear exports soared to $511M in 2022. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Athletic Footwear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.5 | 23.3 | 135 | 195 | 66.2% |
| United States | 74.2 | 46.0 | 62.1 | 141 | 23.9% |
| South Korea | 5.3 | 3.4 | 25.3 | 29.6 | 77.4% |
| Macao SAR | 17.0 | 13.4 | 39.4 | 23.0 | 10.6% |
| Canada | 12.1 | 10.3 | 12.3 | 14.4 | 6.0% |
| Taiwan (Chinese) | 11.0 | 7.6 | 8.0 | 11.7 | 2.1% |
| Chile | 0.9 | 0.3 | 4.0 | 10.9 | 129.6% |
| Germany | 38.3 | 13.8 | 14.7 | 8.0 | -40.7% |
| Colombia | 0.6 | 0.1 | 0.9 | 7.2 | 128.9% |
| France | 8.5 | 7.5 | 11.3 | 5.5 | -13.5% |
| United Arab Emirates | N/A | 4.8 | N/A | 4.4 | -4.3% |
| United Kingdom | 6.9 | 12.1 | 2.2 | 2.0 | -33.8% |
| Netherlands | 26.7 | 13.7 | 2.9 | 1.9 | -58.6% |
| Others | 79.6 | 54.0 | 52.2 | 56.7 | -10.7% |
| Total | 324 | 210 | 370 | 511 | 16.4% |
Top Export Markets for Athletic Footwear from Hong Kong SAR in 2022:
- China (4173.8K pairs)
- United States (3661.7K pairs)
- South Korea (799.9K pairs)
- Chile (482.6K pairs)
- Macao SAR (364.2K pairs)
- Colombia (334.1K pairs)
- Taiwan (Chinese) (274.5K pairs)
- United Arab Emirates (225.8K pairs)
- Canada (211.9K pairs)
- France (155.1K pairs)
- Germany (154.7K pairs)
- United Kingdom (142.6K pairs)
- Netherlands (109.8K pairs)
Athletic Footwear Imports in Hong Kong SAR
In 2022, approx. 9M pairs of athletic footwear were imported into Hong Kong SAR; with an increase of 16% against 2021 figures. In general, imports, however, showed a deep slump. Over the period under review, imports hit record highs at 14M pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, athletic footwear imports surged to $351M in 2022. Over the period under review, imports, however, showed a abrupt downturn. Over the period under review, imports reached the peak figure at $444M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Athletic Footwear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 248 | 121 | 130 | 130 | -19.4% |
| Vietnam | 115 | 67.4 | 57.0 | 99.9 | -4.6% |
| Indonesia | 19.5 | 11.6 | 12.8 | 24.7 | 8.2% |
| United States | 12.8 | 4.6 | 4.9 | 7.8 | -15.2% |
| Cambodia | 0.6 | 0.9 | 1.3 | 4.4 | 94.3% |
| Japan | 2.0 | 1.6 | 5.5 | 3.9 | 24.9% |
| South Korea | 1.8 | 0.8 | 2.5 | 2.6 | 13.0% |
| Others | 44.7 | 36.0 | 75.0 | 77.6 | 20.2% |
| Total | 444 | 244 | 289 | 351 | -7.5% |
Top Suppliers of Athletic Footwear to Hong Kong SAR in 2022:
- China (3.9M pairs)
- Vietnam (2.8M pairs)
- Indonesia (1.0M pairs)
- Cambodia (0.2M pairs)
- Japan (0.2M pairs)
- South Korea (0.2M pairs)
- United States (0.1M pairs)
This report provides an in-depth analysis of the athletic footwear market in Hong Kong SAR, China. 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 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
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This report provides an in-depth analysis of the athletic footwear market in Hong Kong SAR, China.
188
This report provides an in-depth analysis of the market for footwear with uppers of textile materials in Hong Kong SAR, China.
2272
This report provides an in-depth analysis of the global athletic footwear market.
343
This report provides an in-depth analysis of the global market for footwear with uppers of textile materials.
409
This report provides an in-depth analysis of the athletic footwear market in Hong Kong SAR, China.
188
This report provides an in-depth analysis of the market for footwear with uppers of textile materials in Hong Kong SAR, China.
2272
This report provides an in-depth analysis of the global athletic footwear market.
343
This report provides an in-depth analysis of the global market for footwear with uppers of textile materials.
345
In May 2023, the price of Athletic Footwear was $36.2 per pair (FOB, Hong Kong), showing no change compared to the previous month.
9948
There are a few major trends that are affecting the athletic footwear industry. The first is the athleisure trend, which has seen consumers become more interested in buying shoes that they can wear both for exercise and for everyday activities.
1077
The global training shoes market showed steady growth, rising from X million pairs in 2007 to X million pairs in 2015. From 2007 to 2015, it expanded with a CAGR of +X>
345
In May 2023, the price of Athletic Footwear was $36.2 per pair (FOB, Hong Kong), showing no change compared to the previous month.
9948
There are a few major trends that are affecting the athletic footwear industry. The first is the athleisure trend, which has seen consumers become more interested in buying shoes that they can wear both for exercise and for everyday activities.
1077
The global training shoes market showed steady growth, rising from X million pairs in 2007 to X million pairs in 2015. From 2007 to 2015, it expanded with a CAGR of +X>
