Algeria: Leather Footwear Market 2024

Leather Footwear Market Size in Algeria

The Algerian leather footwear market fell dramatically to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Leather Footwear Exports

Exports from Algeria

Leather footwear exports from Algeria shrank to X pairs in 2022, reducing by X% on the previous year. In general, exports showed a slight decline. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X pairs in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather footwear exports dropped markedly to $X in 2022. Over the period under review, exports, however, showed a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X pairs), France (X pairs) and South Korea (X pairs) were the main destinations of leather footwear exports from Algeria, together comprising X% of total exports. The United Arab Emirates, Switzerland, Kuwait, China, the UK, Sweden, Turkey, Germany and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for leather footwear exported from Algeria were the Netherlands ($X), France ($X) and the United Arab Emirates ($X), together accounting for X% of total exports. Switzerland, South Korea, Sweden, Kuwait, the UK, China, Norway, Germany and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average leather footwear export price amounted to $X per pair, declining by X% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per pair in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per pair), while the average price for exports to Turkey ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Leather Footwear Imports

Imports into Algeria

In 2022, imports of leather footwear into Algeria dropped significantly to X pairs, reducing by X% on the previous year. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X pairs in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, leather footwear imports fell remarkably to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest leather footwear supplier to Algeria, with a X% share of total imports. Moreover, leather footwear imports from China exceeded the figures recorded by the second-largest supplier, Italy (X pairs), more than tenfold. The third position in this ranking was held by Turkey (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of leather footwear to Algeria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The average leather footwear import price stood at $X per pair in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per pair in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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