Philippines - Footwear - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Waterproof Footwear Price in the Philippines - 2023

Contents:

  1. Waterproof Footwear Price in the Philippines (CIF) - 2023
  2. Waterproof Footwear Price in the Philippines (FOB) - 2022
  3. Waterproof Footwear Imports in the Philippines
  4. Waterproof Footwear Exports in the Philippines

Waterproof Footwear Price in the Philippines (CIF) - 2023

The average waterproof footwear import price stood at $5.2 per pair in July 2023, surging by 123% against the previous month. Over the period under review, the import price recorded prominent growth. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 681% m-o-m. As a result, import price reached the peak level of $54.6 per pair. From November 2022 to July 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to +9.6% per month.

Waterproof Footwear Price in the Philippines (FOB) - 2022

In 2022, the average waterproof footwear export price amounted to $7.7 per pair, shrinking by -5.8% against the previous year. Overall, the export price, however, recorded strong growth. The growth pace was the most rapid in 2014 an increase of 75% against the previous year. The export price peaked at $9.7 per pair in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($28 per pair), while the average price for exports to Malaysia ($0.4 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 Lebanon (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Waterproof Footwear Imports in the Philippines

In 2022, supplies from abroad of waterproof footwear increased by 61% to 361K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, waterproof footwear imports surged to $899K in 2022. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Waterproof Footwear in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6004914067296.7%
Others551213177170-32.4%
Total1,150704583899-7.9%

Top Suppliers of Waterproof Footwear to the Philippines in 2022:

  1. China (350.9K pairs)

Waterproof Footwear Exports in the Philippines

For the third year in a row, the Philippines recorded decline in shipments abroad of waterproof footwear, which decreased by -75.6% to 1.2K pairs in 2022. In general, exports showed a sharp decline. The smallest decline of -40.7% was in 2020. Over the period under review, the exports attained the maximum at 113K pairs in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, waterproof footwear exports reduced remarkably to $9.1K in 2022. Overall, exports faced a dramatic decline. The smallest decline of -48.1% was in 2020. The exports peaked at $607K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Waterproof Footwear in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LebanonN/AN/AN/A3.80%
Saudi Arabia2.7N/A5.72.2-6.6%
Singapore230N/A1.51.3-82.2%
United States17.6N/A11.60.5-69.5%
Qatar0.4N/A0.40.1-37.0%
United Kingdom49.3N/A0.30.1-87.3%
Japan14477.10.10.1-91.1%
Hong Kong SAR44.326.6N/AN/A-40.0%
MalaysiaN/AN/A0.1N/A0%
Papua New Guinea13.19.111.3N/A-7.1%
PalauN/AN/A0.1N/A0%
Canada41.20.10.5N/A-89.0%
Others64.92038.11.1-74.3%
Total60731539.79.1-75.3%

Top Export Markets for Waterproof Footwear from the Philippines in 2022:

  1. Qatar (270.0 pairs)
  2. Saudi Arabia (220.0 pairs)
  3. Lebanon (132.0 pairs)
  4. United States (111.0 pairs)
  5. Singapore (91.0 pairs)
  6. Malaysia (43.0 pairs)
  7. Palau (24.0 pairs)
  8. Japan (17.0 pairs)
  9. United Kingdom (10.0 pairs)
  10. Canada (4.0 pairs)
  11. Papua New Guinea (1.0 pairs)
  12. Hong Kong SAR (1.0 pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waterproof footwear market in the Philippines. 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 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

Country coverage:

  • Philippines

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Philippines
  • 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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The Top Import Markets for Footwear
Oct 9, 2023
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The global footwear market has experienced significant growth in recent years, driven by increasing disposable incomes, changing fashion trends, and growing consumer awareness about health and fitness. In this article, we will explore the top import markets for footwear, providing key statistics and highlighting the import values of these countries in 2022.

Which Country Imports the Most Footwear in the World?
Jul 26, 2018
Eye 1295

In value terms, footwear imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeab...

Which Country Imports the Most Footwear and Parts of Footwear in the World?
Jul 26, 2018
Eye 875

In value terms, footwear and parts of footwear imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patte...

Which Country Exports the Most Footwear in the World?
Jul 26, 2018
Eye 1006

In value terms, footwear exports stood at $X in 2016. In general, footwear exports continue to indicate a relatively flat trend pattern. Over the period under review, global footwear exports attain...

Which Country Exports the Most Footwear and Parts of Footwear in the World?
Jul 26, 2018
Eye 646

In value terms, footwear and parts of footwear exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some no...

Which Country Imports the Most Rubber, Plastic or Leather Footwear in the World?
May 28, 2018
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In 2016, the amount of rubber, plastic or leather Footwear imported worldwide amounted to X tons, shrinking by -X% against the previous year level. In general, rubber, plastic or leather Footwear...

Which Country Imports the Most Footwear With Textile Uppers in the World?
May 28, 2018
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In 2016, approx. X tons of footwear with textile uppers were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of ...

Which Country Imports the Most Waterproof Footwear in the World?
May 28, 2018
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In 2016, the amount of waterproof footwear imported worldwide totaled X tons, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X>

Which Country Imports the Most Rubber or Plastic Footwear in the World?
May 28, 2018
Eye 829

In 2016, the amount of rubber or plastic footwear imported worldwide stood at X tons, lowering by -X% against the previous year figure. In general, rubber or plastic footwear imports continue t...

Which Country Exports the Most Rubber, Plastic or Leather Footwear in the World?
May 28, 2018
Eye 1053

In 2016, the amount of rubber, plastic or leather Footwear imported worldwide amounted to X tons, shrinking by -X% against the previous year level. In general, rubber, plastic or leather Footwear...

Free Data: Waterproof Footwear - Philippines