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

Pakistan - Leather Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Leather Footwear Price in Pakistan - 2023

Contents:

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

Leather Footwear Price in Pakistan (FOB) - 2022

In 2022, the average leather footwear export price amounted to $15 per pair, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 3.1%. Over the period under review, the average export prices attained the maximum at $15 per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Russia ($21 per pair), while the average price for exports to Afghanistan ($6.6 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 Russia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Price in Pakistan (CIF) - 2022

In 2022, the average leather footwear import price amounted to $5.4 per pair, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $6.2 per pair. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($8.2 per pair), while the price for Turkey ($4 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Leather Footwear Exports in Pakistan

After two years of decline, shipments abroad of leather footwear increased by 39% to 7.9M pairs in 2022. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, leather footwear exports skyrocketed to $119M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Leather Footwear in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.130.428.441.513.9%
Italy19.513.513.424.07.2%
Netherlands5.910.014.014.534.9%
United States10.67.67.29.9-2.3%
United Kingdom5.23.93.24.9-2.0%
Australia1.50.72.22.924.6%
Russia0.90.40.52.947.7%
Spain4.12.72.32.9-10.9%
Afghanistan2.24.12.62.20.0%
France3.41.31.21.8-19.1%
Belgium1.71.11.01.6-2.0%
South Africa1.11.20.91.48.4%
Saudi Arabia0.50.20.80.921.6%
Others8.79.66.97.3-5.7%
Total93.486.884.71198.4%

Top Export Markets for Leather Footwear from Pakistan in 2022:

  1. Germany (2372.8K pairs)
  2. Italy (1660.1K pairs)
  3. Netherlands (886.3K pairs)
  4. United States (685.7K pairs)
  5. Afghanistan (341.9K pairs)
  6. United Kingdom (301.4K pairs)
  7. Spain (271.6K pairs)
  8. Australia (191.5K pairs)
  9. Russia (136.2K pairs)
  10. Belgium (129.7K pairs)
  11. South Africa (127.5K pairs)
  12. Saudi Arabia (123.2K pairs)
  13. France (115.5K pairs)

Leather Footwear Imports in Pakistan

In 2022, approx. 229K pairs of leather footwear were imported into Pakistan; dropping by -48% compared with 2021 figures. Overall, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Imports peaked at 1.9M pairs in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, leather footwear imports fell sharply to $1.2M in 2022. Over the period under review, imports showed a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure at $9.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Leather Footwear in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7,7979501,2881,063-48.5%
Bangladesh17.912.5N/A40.831.6%
Turkey34.43.41.926.9-7.9%
Italy19.212.026.424.88.9%
United Arab Emirates76647653122.4-69.2%
Iran28714891.90.8-85.9%
Others22859.660.668.0-33.2%
Total9,1501,6611,9991,247-48.5%

Top Suppliers of Leather Footwear to Pakistan in 2022:

  1. China (201.7K pairs)
  2. Turkey (6.7K pairs)
  3. Bangladesh (5.0K pairs)
  4. Italy (4.0K pairs)
  5. United Arab Emirates (0.8K pairs)
  6. Iran (0.1K pairs)

Source: IndexBox Market Intelligence Platform

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

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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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