India - Footwear - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

India - Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Footwear Price in India - 2023

Contents:

  1. Footwear Price in India (FOB) - 2022
  2. Footwear Price in India (CIF) - 2022
  3. Footwear Exports in India
  4. Footwear Imports in India

Footwear Price in India (FOB) - 2022

The average footwear export price stood at $10 per pair in 2022, increasing by 10% against the previous year. In general, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. The export price peaked at $15 per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($19 per pair), while the average price for exports to Chad ($1 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 Saudi Arabia (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Price in India (CIF) - 2022

In 2022, the average footwear import price amounted to $3.6 per pair, with an increase of 49% against the previous year. Overall, the import price enjoyed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15 per pair), while the price for China ($1.7 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Footwear Exports in India

In 2022, the amount of footwear exported from India surged to 195M pairs, increasing by 23% on the previous year. In general, exports saw a relatively flat trend pattern. 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 $2B in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 +56.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Footwear in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32019831947714.2%
United Kingdom316194231298-1.9%
Germany2361861782370.1%
Italy10688.287.51296.8%
France135102105125-2.5%
Netherlands64.551.572.210618.0%
Spain92.462.779.586.5-2.2%
Poland75.367.156.355.4-9.7%
China12.818.433.549.056.4%
Somalia40.723.816.431.4-8.3%
Saudi Arabia22.413.614.116.3-10.1%
Nigeria14.39.413.214.50.5%
Chad3.43.43.24.610.6%
Others4082923054140.5%
Total1,8471,3091,5152,0443.4%

Top Export Markets for Footwear from India in 2022:

  1. Somalia (29.1M pairs)
  2. United States (24.9M pairs)
  3. United Kingdom (17.9M pairs)
  4. Germany (14.9M pairs)
  5. France (8.8M pairs)
  6. Italy (7.2M pairs)
  7. Nigeria (6.9M pairs)
  8. Netherlands (6.2M pairs)
  9. Spain (5.8M pairs)
  10. Poland (4.8M pairs)
  11. Saudi Arabia (4.6M pairs)
  12. Chad (4.5M pairs)
  13. China (3.8M pairs)

Footwear Imports in India

In 2022, imports of footwear into India rose remarkably to 176M pairs, growing by 8.5% compared with the year before. Overall, imports continue to indicate a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, footwear imports surged to $630M in 2022. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Footwear in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China262131163231-4.1%
Vietnam88.959.591.318026.5%
Bangladesh10.510.530.246.764.5%
Indonesia13.610.917.540.744.1%
Thailand16.011.816.720.79.0%
Nepal7.25.77.27.61.8%
Others93.745.163.61033.2%
Total4922753906308.6%

Top Suppliers of Footwear to India in 2022:

  1. China (138.7M pairs)
  2. Vietnam (13.3M pairs)
  3. Thailand (6.2M pairs)
  4. Bangladesh (5.5M pairs)
  5. Nepal (2.8M pairs)
  6. Indonesia (2.8M pairs)

Source: IndexBox Market Intelligence Platform

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

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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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The Top Import Markets for Footwear
Oct 9, 2023
Eye 233

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.

Which Country Imports the Most Footwear in the World?
Jul 26, 2018
Eye 1291

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...

Which Country Imports the Most Footwear and Parts of Footwear in the World?
Jul 26, 2018
Eye 872

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...

Which Country Exports the Most Footwear in the World?
Jul 26, 2018
Eye 997

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...

Which Country Exports the Most Footwear and Parts of Footwear in the World?
Jul 26, 2018
Eye 640

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...

Which Country Imports the Most Rubber, Plastic or Leather Footwear in the World?
May 28, 2018
Eye 858

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...

Which Country Imports the Most Footwear With Textile Uppers in the World?
May 28, 2018
Eye 759

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 ...

Which Country Imports the Most Waterproof Footwear in the World?
May 28, 2018
Eye 722

In 2016, the amount of waterproof footwear imported worldwide totaled X tons, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X>

Which Country Imports the Most Rubber or Plastic Footwear in the World?
May 28, 2018
Eye 829

In 2016, the amount of rubber or plastic footwear imported worldwide stood at X tons, lowering by -X% against the previous year figure. In general, rubber or plastic footwear imports continue t...

Which Country Exports the Most Rubber, Plastic or Leather Footwear in the World?
May 28, 2018
Eye 1050

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...

Free Data: Footwear - India