China - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFootwear Price in China - 2023
Contents:
- Footwear Price in China (FOB) - 2022
- Footwear Price in China (CIF) - 2022
- Footwear Exports in China
- Footwear Imports in China
Footwear Price in China (FOB) - 2022
In 2022, the average footwear export price amounted to $8.4 per pair, waning by -33.6% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 118% against the previous year. Over the period under review, the average export prices hit record highs at $15 per pair in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13 per pair), while the average price for exports to the Philippines ($4.9 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
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Footwear Price in China (CIF) - 2022
The average footwear import price stood at $30 per pair in 2022, picking up by 27% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $31 per pair in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($326 per pair), while the price for South Korea ($9.2 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Footwear Exports in China
In 2022, footwear exports from China soared to 6.4B pairs, picking up by 81% against 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, footwear exports surged to $54B in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Footwear in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 7.1 | 10.6 | 12.2 | 5.1% |
| Philippines | 1.7 | 1.4 | 1.5 | 2.2 | 9.0% |
| Russia | 1.8 | 1.4 | 2.2 | 2.2 | 6.9% |
| Germany | 1.7 | 1.3 | 1.7 | 2.1 | 7.3% |
| Japan | 1.9 | 1.6 | 1.9 | 2.1 | 3.4% |
| United Kingdom | 1.4 | 1.1 | 1.5 | 1.5 | 2.3% |
| South Korea | 1.0 | 1.0 | 1.3 | 1.3 | 9.1% |
| United Arab Emirates | 0.5 | 0.6 | 0.9 | 1.2 | 33.9% |
| Malaysia | 0.6 | 0.5 | 0.7 | 1.2 | 26.0% |
| Indonesia | 0.4 | 0.4 | 0.6 | 1.0 | 35.7% |
| Vietnam | 0.4 | 0.8 | 0.6 | 1.0 | 35.7% |
| South Africa | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
| India | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| Others | 18.9 | 15.1 | 20.1 | 24.5 | 9.0% |
| Total | 42.2 | 33.3 | 45.0 | 54.0 | 8.6% |
Top Export Markets for Footwear from China in 2022:
- United States (968.3M pairs)
- Philippines (446.8M pairs)
- Japan (205.4M pairs)
- Russia (196.3M pairs)
- Germany (181.1M pairs)
- Indonesia (167.1M pairs)
- Vietnam (162.3M pairs)
- United Arab Emirates (157.2M pairs)
- Malaysia (146.0M pairs)
- United Kingdom (144.6M pairs)
- India (141.5M pairs)
- South Africa (130.1M pairs)
- South Korea (128.8M pairs)
Footwear Imports in China
In 2022, footwear imports into China declined markedly to 172M pairs, reducing by -20% compared with 2021. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 4.5% against the previous year. Imports peaked at 221M pairs in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, footwear imports rose slightly to $5.2B in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Footwear in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2,152 | 2,256 | 1,990 | 2,117 | -0.5% |
| Italy | 828 | 907 | 1,411 | 1,401 | 19.2% |
| Indonesia | 754 | 851 | 1,079 | 1,014 | 10.4% |
| India | 83.1 | 62.1 | 89.0 | 117 | 12.1% |
| Cambodia | 73.5 | 87.9 | 97.3 | 100 | 10.8% |
| South Korea | 18.2 | 20.4 | 16.7 | 30.0 | 18.1% |
| Others | 486 | 394 | 466 | 456 | -2.1% |
| Total | 4,395 | 4,579 | 5,150 | 5,235 | 6.0% |
Top Suppliers of Footwear to China in 2022:
- Vietnam (88.9M pairs)
- Indonesia (50.6M pairs)
- Cambodia (6.1M pairs)
- India (5.9M pairs)
- Italy (4.3M pairs)
- South Korea (3.3M pairs)
This report provides an in-depth analysis of the footwear market in 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 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
- Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
- Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
- 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)
- Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
- Prodcom 15201231 - Town footwear with rubber or plastic uppers
- Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
- Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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
-
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 footwear market in China.
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This report provides an in-depth analysis of the waterproof footwear market in China.
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This report provides an in-depth analysis of the global footwear market.
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This report provides an in-depth analysis of the global waterproof footwear market.
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This report provides an in-depth analysis of the footwear market in China.
427
This report provides an in-depth analysis of the waterproof footwear market in China.
5719
This report provides an in-depth analysis of the global footwear market.
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This report provides an in-depth analysis of the global waterproof footwear market.
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Footwear exports reached a record high of 886M pairs in January 2023 but failed to regain momentum from February to November 2023. However, in terms of value, footwear exports surged to $2.7B in November 2023.
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Learn more about the monthly price of footwear (FOB, China) in February 2023 – an increase of 2.9% compared to the previous month – priced at $6.0 per pair.
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In March 2023, the waterproof footwear price stood at $6.3 per pair (FOB, China), picking up by 6.8% against the previous month.
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The global footwear market has experienced significant growth in recent years, driven by increasing disposable incomes, changing fashion trends, and growing consumer awareness about health and fitness. In this article, we will explore the top import markets for footwear, providing key statistics and highlighting the import values of these countries in 2022.
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In value terms, footwear and parts of footwear imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patte...
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In value terms, footwear imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeab...
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In value terms, footwear and parts of footwear exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some no...
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In value terms, footwear exports stood at $X in 2016. In general, footwear exports continue to indicate a relatively flat trend pattern. Over the period under review, global footwear exports attain...
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In 2016, the amount of rubber, plastic or leather Footwear imported worldwide amounted to X tons, shrinking by -X% against the previous year level. In general, rubber, plastic or leather Footwear...
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In 2016, approx. X tons of footwear with textile uppers were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of ...
