Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada - 2024

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (CIF) - 2022
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (FOB) - 2022
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (CIF) - 2022

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $13,724 per ton, which is down by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 when the average import price increased by 9.8% against the previous year. As a result, import price attained the peak level of $14,210 per ton, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($13,725 per ton) and Italy ($13,725 per ton), while the price for China ($13,724 per ton) and Germany ($13,724 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (FOB) - 2022

In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $11,052 per ton, declining by -9.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 13%. The export price peaked at $12,195 per ton in 2021, and then dropped in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($11,056 per ton) and Switzerland ($11,054 per ton), while the average price for exports to Cambodia ($11,052 per ton) and China ($11,052 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada

In 2022, overseas purchases of footwear; parts, outer soles and heels, of rubber or plasticses increased by 15% to 421 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses rose remarkably to $5.8M in 2022. In general, imports, however, saw a pronounced slump.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8152,7231,7812,205-7.8%
Italy1,1731,1681,1031,164-0.3%
United States1,2578841,150846-12.4%
Spain37138257581630.0%
Germany31160.7248255-6.4%
Vietnam42.511.030.214951.9%
Mexico60.039.048.892.815.6%
Others430235294256-15.9%
Total6,4595,5035,2295,784-3.6%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Canada in 2022:

  1. China (160.7 tons)
  2. Italy (84.8 tons)
  3. United States (61.6 tons)
  4. Spain (59.4 tons)
  5. Germany (18.6 tons)
  6. Vietnam (10.8 tons)
  7. Mexico (6.8 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada

After two years of decline, overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses increased by 103% to 99 tons in 2022. In general, exports, however, recorded a relatively flat trend pattern.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $1.1M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States950855471594-14.5%
China48.811.621.323368.4%
CambodiaN/AN/AN/A1570%
Japan31.618.027.145.813.2%
Switzerland0.422.830.923.1286.5%
Austria13.4N/A23.917.18.5%
Others71.614.222.729.7-25.4%
Total1,1159225971,099-0.5%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Canada in 2022:

  1. United States (53.7 tons)
  2. China (21.1 tons)
  3. Cambodia (14.2 tons)
  4. Japan (4.1 tons)
  5. Switzerland (2.1 tons)
  6. Austria (1.5 tons)

Source: IndexBox Market Intelligence Platform

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