Africa: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Africa

The African waterproof footwear market shrank slightly to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a perceptible setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Waterproof Footwear Production in Africa

In value terms, waterproof footwear production fell modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced decrease. The growth pace was the most rapid in 2018 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 stood at a somewhat lower figure.

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Waterproof Footwear Exports

Exports in Africa

Waterproof footwear exports declined to X pairs in 2022, which is down by X% compared with the year before. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X pairs in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, waterproof footwear exports fell slightly to $X in 2022. In general, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X pairs) and Kenya (X pairs) were the largest exporters of waterproof footwear in 2022, recording approx. X% and X% of total exports, respectively. It was distantly followed by Morocco (X pairs), achieving an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest waterproof footwear supplying countries in Africa were Morocco ($X), South Africa ($X) and Kenya ($X), together accounting for X% of total exports.

Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per pair, growing by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price 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, waterproof footwear export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: 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 Morocco (X%), while the other leaders experienced a decline in the export price figures.

Waterproof Footwear Imports

Imports in Africa

In 2022, purchases abroad of waterproof footwear increased by X% to X pairs, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a mild setback. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X pairs. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, waterproof footwear imports reached $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X pairs) and Ghana (X pairs) represented roughly X% of total imports in 2022. Uganda (X pairs) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (X%) and Mauritania (X%). Liberia (X pairs), Somalia (X pairs), Libya (X pairs), Tanzania (X pairs), Guinea (X pairs), Zambia (X pairs), Rwanda (X pairs) and Tunisia (X pairs) followed a long way behind the leaders.

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

In value terms, the largest waterproof footwear importing markets in Africa were Ghana ($X), Mauritania ($X) and South Africa ($X), together accounting for X% of total imports. Zimbabwe, Zambia, Uganda, Rwanda, Liberia, Tanzania, Libya, Guinea, Tunisia and Somalia lagged somewhat behind, together comprising a further X%.

Guinea, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

The import price in Africa stood at $X per pair in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per pair in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritania ($X per pair), while Somalia ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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