Australia and Oceania: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Australia and Oceania

In 2022, the waterproof footwear market in Australia and Oceania increased by X% to $X, rising for the fourth year in a row after six years of decline. In general, consumption showed pronounced growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Waterproof Footwear Production in Australia and Oceania

In value terms, waterproof footwear production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Waterproof Footwear Exports

Exports in Australia and Oceania

In 2022, shipments abroad of waterproof footwear decreased by X% to X pairs, falling for the fourth consecutive year after four years of growth. Overall, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X pairs in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, waterproof footwear exports fell remarkably to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, amounting to X pairs, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X pairs), comprising a X% share of total exports.

Australia was also the fastest-growing in terms of the waterproof footwear exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest waterproof footwear supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per pair in 2022, surging by X% against the previous year. Export price indicated a mild increase 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked at $X per pair in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per pair), while New Zealand amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Waterproof Footwear Imports

Imports in Australia and Oceania

In 2022, overseas purchases of waterproof footwear increased by X% to X pairs, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, waterproof footwear imports surged to $X in 2022. In general, imports continue to indicate pronounced growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Australia represented the largest importing country with an import of around X pairs, which resulted at X% of total imports. It was distantly followed by New Zealand (X pairs), constituting a X% share of total imports. The following importers - Papua New Guinea (X pairs) and Fiji (X pairs) - together made up X% of total imports.

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

In value terms, the largest waterproof footwear importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Papua New Guinea ($X), together accounting for X% of total imports.

Australia, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Australia and Oceania stood at $X per pair in 2022, picking up by X% against the previous year. Import price indicated a perceptible 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 import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

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