Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Italy - 2023

Contents:

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

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

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $13,640 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs at $13,730 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($21,279 per ton), while the average price for exports to Nigeria ($961 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $16,070 per ton, with a decrease of -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2019 when the average import price increased by 16% against the previous year. The import price peaked at $16,449 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($27,136 per ton), while the price for Albania ($5,806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses exported from Italy skyrocketed to 24K tons, with an increase of 16% against the previous year. Over the period under review, exports, however, recorded a mild downturn.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses expanded markedly to $331M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania67.151.065.275.74.1%
Germany22.420.125.831.812.4%
Portugal24.920.625.727.93.9%
Albania21.215.719.423.43.3%
Spain22.013.916.121.3-1.1%
Croatia17.115.820.020.25.7%
Tunisia15.913.414.316.10.4%
Slovakia13.48.710.913.0-1.0%
Austria9.66.67.011.87.1%
Bosnia and Herzegovina11.48.710.39.6-5.6%
Hungary8.05.36.38.41.6%
Turkey3.23.14.06.828.6%
Nigeria0.70.40.50.5-10.6%
Others72.552.962.264.3-3.9%
Total3092362883312.3%

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

  1. Romania (4.5K tons)
  2. Portugal (2.4K tons)
  3. Albania (2.3K tons)
  4. Germany (2.1K tons)
  5. Spain (1.7K tons)
  6. Croatia (1.6K tons)
  7. Tunisia (1.2K tons)
  8. Slovakia (1.0K tons)
  9. Austria (0.7K tons)
  10. Turkey (0.6K tons)
  11. Bosnia and Herzegovina (0.5K tons)
  12. Nigeria (0.5K tons)
  13. Hungary (0.4K tons)

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

Imports of footwear; parts, outer soles and heels, of rubber or plasticses into Italy rose significantly to 7.3K tons in 2022, picking up by 8.2% compared with 2021 figures. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses expanded remarkably to $117M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +55.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.426.046.461.421.3%
Vietnam2.31.53.19.761.6%
Albania2.64.39.79.554.0%
Bosnia and Herzegovina6.15.75.06.73.2%
Romania9.77.520.75.1-19.3%
Croatia5.03.64.45.00.0%
Czech Republic0.60.42.73.274.7%
Germany8.710.74.52.6-33.1%
Spain2.24.55.02.31.5%
Portugal0.80.50.81.728.6%
Serbia0.10.81.81.7157.1%
Tunisia1.70.81.01.3-8.6%
Others5.19.15.66.810.1%
Total79.375.311111713.8%

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

  1. China (2262.2 tons)
  2. Albania (1627.8 tons)
  3. Croatia (779.8 tons)
  4. Vietnam (450.5 tons)
  5. Czech Republic (328.7 tons)
  6. Romania (290.2 tons)
  7. Bosnia and Herzegovina (282.0 tons)
  8. Serbia (278.7 tons)
  9. Germany (247.3 tons)
  10. Tunisia (153.4 tons)
  11. Spain (153.3 tons)
  12. Portugal (124.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Footwear; parts, outer soles and heels, of rubber or plastics - Italy