Thailand - Leather Footwear - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Footwear Price in Thailand - 2023
Contents:
- Leather Footwear Price in Thailand (FOB) - 2022
- Leather Footwear Price in Thailand (CIF) - 2022
- Leather Footwear Exports in Thailand
- Leather Footwear Imports in Thailand
Leather Footwear Price in Thailand (FOB) - 2022
The average leather footwear export price stood at $16 per pair in 2022, dropping by -26.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $27 per pair. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($24 per pair), while the average price for exports to Spain ($0.6 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 the Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Footwear Price in Thailand (CIF) - 2022
The average leather footwear import price stood at $22 per pair in 2022, with a decrease of -14.8% against the previous year. Overall, the import price, however, saw pronounced growth. The pace of growth appeared the most rapid in 2019 an increase of 71%. Over the period under review, average import prices attained the peak figure at $27 per pair in 2020; however, from 2021 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 ($236 per pair), while the price for China ($6.1 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Leather Footwear Exports in Thailand
In 2022, approx. 17M pairs of leather footwear were exported from Thailand; growing by 74% against 2021. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather footwear exports surged to $269M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Leather Footwear in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 63.1 | 55.4 | 74.8 | 86.6 | 11.1% |
China | 21.5 | 22.5 | 25.5 | 28.7 | 10.1% |
France | 7.9 | 9.4 | 15.0 | 22.0 | 40.7% |
Netherlands | 9.4 | 10.5 | 8.6 | 18.4 | 25.1% |
Denmark | 32.1 | 24.3 | 12.2 | 15.1 | -22.2% |
United Kingdom | 29.1 | 19.5 | 6.4 | 12.9 | -23.8% |
Australia | 9.4 | 7.8 | 9.6 | 10.9 | 5.1% |
Japan | 12.2 | 10.5 | 6.9 | 9.1 | -9.3% |
United Arab Emirates | 9.6 | 4.9 | 5.2 | 8.4 | -4.4% |
Canada | 6.2 | 6.7 | 5.9 | 8.2 | 9.8% |
Russia | 9.1 | 9.8 | 8.2 | 7.2 | -7.5% |
Poland | 1.5 | 1.8 | 2.5 | 6.4 | 62.2% |
Spain | 0.6 | 0.3 | N/A | 0.4 | -12.6% |
Others | 45.9 | 41.3 | 29.6 | 34.6 | -9.0% |
Total | 258 | 225 | 210 | 269 | 1.4% |
Top Export Markets for Leather Footwear from Thailand in 2022:
- United States (5.3M pairs)
- France (1.9M pairs)
- China (1.2M pairs)
- United Arab Emirates (1.1M pairs)
- United Kingdom (0.9M pairs)
- Netherlands (0.9M pairs)
- Denmark (0.7M pairs)
- Australia (0.6M pairs)
- Spain (0.6M pairs)
- Canada (0.4M pairs)
- Japan (0.4M pairs)
- Poland (0.3M pairs)
- Russia (0.3M pairs)
Leather Footwear Imports in Thailand
Leather footwear imports into Thailand surged to 4.3M pairs in 2022, picking up by 68% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather footwear imports surged to $97M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +54.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Leather Footwear in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 26.8 | 26.7 | 28.1 | 49.7 | 22.9% |
Vietnam | 15.2 | 10.9 | 14.3 | 16.8 | 3.4% |
China | 20.7 | 12.4 | 11.0 | 12.7 | -15.0% |
Lao People's Democratic Republic | N/A | 0.4 | 2.3 | 2.9 | 169.3% |
Indonesia | 3.5 | 1.9 | 2.6 | 2.2 | -14.3% |
Cambodia | 1.5 | 0.8 | 1.0 | 2.2 | 13.6% |
India | 1.4 | 0.8 | 1.1 | 1.5 | 2.3% |
Japan | 2.8 | 0.8 | 0.6 | 0.9 | -31.5% |
Others | 13.4 | 8.0 | 6.5 | 7.8 | -16.5% |
Total | 85.3 | 62.6 | 67.6 | 96.7 | 4.3% |
Top Suppliers of Leather Footwear to Thailand in 2022:
- China (2096.6K pairs)
- Vietnam (1121.8K pairs)
- Italy (210.3K pairs)
- Lao People's Democratic Republic (153.9K pairs)
- Indonesia (130.6K pairs)
- India (125.8K pairs)
- Cambodia (125.3K pairs)
- Japan (103.7K pairs)
This report provides an in-depth analysis of the leather footwear market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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