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

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal (CIF) - 2023
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal (FOB) - 2023
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal (CIF) - 2023

In December 2023, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $10,412 per ton, falling by -17.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 35% month-to-month. The import price peaked at $12,781 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($24,045 per ton), while the price for Spain ($7,893 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+3.5%), 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 Portugal (FOB) - 2023

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $9,855 per ton in December 2023, increasing by 26% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($24,778 per ton), while the average price for exports to Morocco ($2,371 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.2%), 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 Portugal

In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Portugal surged to 5.8K tons, growing by 27% against the year before. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +79.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $63M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +59.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22.921.730.833.313.3%
Spain8.79.112.414.217.7%
France1.61.92.22.719.1%
Thailand1.40.91.42.724.5%
China2.51.51.82.61.3%
Vietnam0.40.40.72.584.2%
Romania1.01.40.60.5-20.6%
Others4.32.53.34.1-1.6%
Total42.839.453.262.613.5%

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

  1. Italy (2998.3 tons)
  2. Spain (1690.1 tons)
  3. France (271.3 tons)
  4. China (179.4 tons)
  5. Vietnam (172.9 tons)
  6. Thailand (166.4 tons)
  7. Romania (35.8 tons)

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

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses exported from Portugal skyrocketed to 3.4K tons, increasing by 20% on the year before. The total export volume increased at an average annual rate of +1.7% 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 attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses reached $31M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.85.06.97.21.9%
Germany5.75.25.85.91.2%
France3.92.83.54.44.1%
Romania2.31.61.21.7-9.6%
Italy1.30.61.01.79.4%
Netherlands1.01.01.31.719.3%
Slovakia2.01.61.31.1-18.1%
Austria0.60.71.20.914.5%
Australia0.7N/A0.30.84.6%
Hungary0.80.80.70.80.0%
India0.70.40.30.70.0%
Israel0.50.30.50.66.3%
AlgeriaN/AN/AN/A0.20%
Others2.62.12.93.04.9%
Total29.022.126.830.61.8%

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

  1. Spain (897.1 tons)
  2. Germany (645.9 tons)
  3. France (362.7 tons)
  4. Netherlands (223.6 tons)
  5. Italy (148.3 tons)
  6. Romania (147.8 tons)
  7. Algeria (139.0 tons)
  8. Hungary (99.2 tons)
  9. India (95.4 tons)
  10. Slovakia (85.6 tons)
  11. Austria (73.0 tons)
  12. Israel (64.2 tons)
  13. Australia (57.8 tons)

Source: IndexBox Market Intelligence Platform

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