Kuwait - Leather Footwear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Footwear Price in Kuwait - 2021
Contents:
- Leather Footwear Price in Kuwait (CIF) - 2022
- Leather Footwear Price in Kuwait (FOB) - 2022
- Leather Footwear Imports in Kuwait
- Leather Footwear Exports in Kuwait
Leather Footwear Price in Kuwait (CIF) - 2022
The average leather footwear import price stood at $44 per pair in 2022, increasing by 4.2% against the previous year. Overall, the import price showed a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($123 per pair), while the price for India ($11 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Footwear Price in Kuwait (FOB) - 2022
In 2022, the average leather footwear export price amounted to $50 per pair, declining by -27.6% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 103%. Over the period under review, the average export prices attained the peak figure at $69 per pair in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($76 per pair), while the average price for exports to Jordan ($5.9 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 Saudi Arabia (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Footwear Imports in Kuwait
Leather footwear imports into Kuwait fell dramatically to 2.6M pairs in 2022, with a decrease of -24.8% against the previous year. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports attained the peak of 3.4M pairs, and then fell sharply in the following year.
In value terms, leather footwear imports declined rapidly to $114M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. As a result, imports reached the peak of $146M, and then shrank remarkably in the following year.
| Import of Leather Footwear in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 32.8 | 25.4 | 41.6 | 34.9 | 2.1% |
| Italy | 21.6 | 18.3 | 34.1 | 17.2 | -7.3% |
| China | 7.3 | 7.0 | 19.9 | 13.0 | 21.2% |
| Turkey | 1.3 | 1.0 | 2.2 | 2.6 | 26.0% |
| Spain | 2.5 | 1.7 | 2.9 | 2.1 | -5.6% |
| Vietnam | 0.7 | 0.5 | 0.9 | 1.9 | 39.5% |
| Thailand | 0.7 | 0.4 | 0.3 | 0.4 | -17.0% |
| India | 0.6 | 0.2 | 0.5 | 0.2 | -30.7% |
| Others | 23.7 | 28.2 | 43.7 | 42.2 | 21.2% |
| Total | 91.1 | 82.8 | 146 | 114 | 7.8% |
Top Suppliers of Leather Footwear to Kuwait in 2022:
- United Arab Emirates (837.4K pairs)
- China (692.1K pairs)
- Italy (139.9K pairs)
- Turkey (139.8K pairs)
- Vietnam (54.6K pairs)
- Spain (33.2K pairs)
- Thailand (32.5K pairs)
- India (21.4K pairs)
Leather Footwear Exports in Kuwait
In 2022, approx. 90K pairs of leather footwear were exported from Kuwait; jumping by 30% against 2021. The total export volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather footwear exports contracted to $4.5M in 2022. The total export value increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 31%. Over the period under review, the exports hit record highs at $4.8M in 2021, and then reduced in the following year.
| Export of Leather Footwear in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,062 | 1,546 | 1,723 | 1,424 | 10.3% |
| Netherlands | 6.0 | 17.3 | 254 | 245 | 244.4% |
| Saudi Arabia | 138 | 27.8 | 292 | 192 | 11.6% |
| Iraq | 25.3 | 29.1 | 45.9 | 73.7 | 42.8% |
| Qatar | 23.7 | 254 | 34.6 | 57.8 | 34.6% |
| Free Zones | 30.0 | 28.0 | 38.9 | 51.9 | 20.0% |
| Jordan | 10.7 | 11.7 | 14.6 | 21.3 | 25.8% |
| Switzerland | 155 | 193 | 45.7 | 19.8 | -49.6% |
| United States | 49.8 | 28.9 | 48.9 | 15.7 | -31.9% |
| Bahrain | 43.3 | 28.8 | 11.8 | 10.3 | -38.0% |
| Spain | 71.7 | 64.2 | 17.3 | 9.3 | -49.4% |
| Oman | 35.5 | 7.8 | 10.8 | 3.6 | -53.4% |
| Others | 1,566 | 1,984 | 2,228 | 2,369 | 14.8% |
| Total | 3,217 | 4,220 | 4,766 | 4,493 | 11.8% |
Top Export Markets for Leather Footwear from Kuwait in 2022:
- Italy (31.2K pairs)
- Iraq (9.5K pairs)
- Netherlands (4.0K pairs)
- Free Zones (3.8K pairs)
- Jordan (3.6K pairs)
- Saudi Arabia (2.5K pairs)
- Qatar (2.4K pairs)
- Bahrain (0.8K pairs)
- Oman (0.6K pairs)
- Switzerland (0.2K pairs)
- Spain (0.2K pairs)
- United States (0.1K pairs)
This report provides an in-depth analysis of the leather footwear market in Kuwait. 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 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)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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.
-
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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