Africa: Footwear Market 2024

Footwear Market Size in Africa

The African footwear market dropped slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then declined slightly in the following year.

Footwear Production in Africa

In value terms, footwear production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Footwear Exports

Exports in Africa

In 2022, shipments abroad of footwear increased by X% to X pairs, rising for the second year in a row after two years of decline. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X pairs in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, footwear exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Kenya (X pairs), South Africa (X pairs), Tunisia (X pairs) and Morocco (X pairs), together amounting to X% of total export. It was distantly followed by Cote d'Ivoire (X pairs), generating an X% share of total exports. Rwanda (X pairs) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and South Africa ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Cote d'Ivoire, Kenya and Rwanda lagged somewhat behind, together comprising a further X%.

Rwanda, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per pair, with an increase of X% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per pair), while Kenya ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Footwear Imports

Imports in Africa

In 2022, approx. X pairs of footwear were imported in Africa; shrinking by X% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X pairs in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, footwear imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, South Africa (X pairs) represented the major importer of footwear, achieving X% of total imports. Morocco (X pairs) held the second position in the ranking, followed by Algeria (X pairs), Somalia (X pairs), Guinea (X pairs), Ghana (X pairs) and Libya (X pairs). All these countries together held approx. X% share of total imports. The following importers - Djibouti (X pairs), Kenya (X pairs), Uganda (X pairs), Mozambique (X pairs), Chad (X pairs) and Sudan (X pairs) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Somalia (X%), Sudan (X%), Algeria (X%), Chad (X%), Ghana (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Guinea experienced a relatively flat trend pattern. By contrast, Libya (X%), Djibouti (X%), Uganda (X%) and Kenya (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, Algeria, Somalia and Ghana increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported footwear in Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with an X% share of total imports. It was followed by Algeria, with an X% share.

In South Africa, footwear imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Algeria (X% per year).

Import Prices by Country

The import price in Africa stood at $X per pair in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per pair in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per pair), while Mozambique ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Djibouti (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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