Africa: Footwear Treatments Market 2024

Footwear Treatments Market Size in Africa

The African footwear treatments market declined to $X in 2022, dropping by X% against the previous year. In general, consumption saw a pronounced curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Footwear Treatments Production in Africa

In value terms, footwear treatments production reduced to $X in 2022 estimated in export price. Overall, production saw a perceptible decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Footwear Treatments Exports

Exports in Africa

In 2022, overseas shipments of polishes and creams for footwear or leather increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, footwear treatments exports skyrocketed to $X in 2022. Total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa was the key exporting country with an export of about X tons, which recorded X% of total exports. Kenya (X tons) took the second position in the ranking, distantly followed by Rwanda (X tons). All these countries together took approx. X% share of total exports. Ghana (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to footwear treatments exports from South Africa stood at X%. At the same time, Rwanda (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Kenya experienced a relatively flat trend pattern. While the share of Rwanda (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kenya (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest footwear treatments supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Kenya (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 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 South Africa ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (X%), while the other leaders experienced mixed trends in the export price figures.

Footwear Treatments Imports

Imports in Africa

In 2022, supplies from abroad of polishes and creams for footwear or leather increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, footwear treatments imports reached $X in 2022. Over the period under review, imports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X tons), followed by Ghana (X tons), Zambia (X tons), South Africa (X tons), Zimbabwe (X tons) and Ethiopia (X tons) represented the main importers of polishes and creams for footwear or leather, together creating X% of total imports. The following importers - Algeria (X tons), Rwanda (X tons), Morocco (X tons), Tanzania (X tons), Angola (X tons), Lesotho (X tons) and Senegal (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lesotho (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments importing markets in Africa were Ghana ($X), Nigeria ($X) and Zambia ($X), together accounting for X% of total imports. Ethiopia, South Africa, Morocco, Zimbabwe, Algeria, Rwanda, Lesotho, Tanzania, Angola and Senegal lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 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 Ethiopia ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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