Mexico - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Mexico - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights

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Athletic Footwear Price in Mexico - 2023

Contents:

  1. Athletic Footwear Price in Mexico (CIF) - 2023
  2. Athletic Footwear Price in Mexico (FOB) - 2023
  3. Athletic Footwear Imports in Mexico
  4. Athletic Footwear Exports in Mexico

Athletic Footwear Price in Mexico (CIF) - 2023

The average athletic footwear import price stood at $14.1 per pair in August 2023, dropping by -3.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the maximum at $15.7 per pair in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($18.3 per pair), while the price for China ($10.0 per pair) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Athletic Footwear Price in Mexico (FOB) - 2023

In August 2023, the average athletic footwear export price amounted to $12.6 per pair, declining by -20.8% against the previous month. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 76% month-to-month. The export price peaked at $15.9 per pair in July 2023, and then reduced remarkably in the following month.

Average prices varied somewhat for the major external markets. In August 2023, the country with the highest price was the United States ($12.6 per pair), while the average price for exports to Guatemala totaled $10.1 per pair.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+1.6%).

Athletic Footwear Imports in Mexico

In 2022, imports of athletic footwear into Mexico skyrocketed to 36M pairs, with an increase of 34% on 2021 figures. In general, imports posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 64%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, athletic footwear imports soared to $675M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Athletic Footwear in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2361682192866.6%
China15692.815422212.5%
Indonesia76.945.976.713420.3%
Cambodia6.83.26.211.920.5%
India8.55.26.37.8-2.8%
Others18.415.58.213.4-10.0%
Total50333047067510.3%

Top Suppliers of Athletic Footwear to Mexico in 2022:

  1. Vietnam (15.7M pairs)
  2. China (10.2M pairs)
  3. Indonesia (8.5M pairs)
  4. Cambodia (0.7M pairs)
  5. India (0.4M pairs)

Athletic Footwear Exports in Mexico

In 2022, exports of athletic footwear from Mexico soared to 1.3M pairs, rising by 127% compared with the year before. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, athletic footwear exports skyrocketed to $14M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Athletic Footwear in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.96.75.513.640.5%
Guatemala0.40.10.20.3-9.1%
Others1.30.50.20.3-38.7%
Total6.77.35.914.128.1%

Top Export Markets for Athletic Footwear from Mexico in 2022:

  1. United States (1263.0K pairs)
  2. Guatemala (25.4K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the athletic footwear market in Mexico. 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:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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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Free Data: Athletic Footwear - Mexico