Austria: Footwear Market Overview 2021

Footwear Market Size in Austria

For the fourth year in a row, the Austrian footwear market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in the near future.

Footwear Production in Austria

In value terms, footwear production expanded notably to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Footwear production peaked in 2019 and is likely to continue growth in the near future.

Footwear Exports

Exports from Austria

In 2019, overseas shipments of footwear decreased by -X% to X pairs, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a slight decrease. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at X pairs in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, footwear exports rose remarkably to $X in 2019. In general, exports posted a notable expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X pairs) was the main destination for footwear exports from Austria, with a X% share of total exports. Moreover, footwear exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X pairs), fourfold. The third position in this ranking was occupied by Italy (X pairs), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Italy (-X% per year).

In value terms, Germany ($X) remains the key foreign market for footwear exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Switzerland (-X% per year).

Export Prices by Country

The average footwear export price stood at $X per pair in 2018, with an increase of X% against the previous year. Overall, export price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per pair), while the average price for exports to the Czech Republic ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced mixed trend patterns.

Footwear Imports

Imports into Austria

Footwear imports into Austria stood at X pairs in 2019, stabilizing at 2018 figures. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X pairs in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, footwear imports expanded modestly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; afterwards, it flattened through to 2019.

Imports by Country

China (X pairs), Slovakia (X pairs) and Germany (X pairs) were the main suppliers of footwear imports to Austria, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of footwear to Austria, comprising X% of total imports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, 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: Slovakia (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the average footwear import price amounted to $X per pair, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per pair), while the price for Hungary ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for footwear in the world?

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China (5.2B pairs) remains the largest footwear consuming country worldwide, accounting for 31% of total volume. Moreover, footwear consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1.8B pairs), threefold. The third position in this ranking was occupied by India (597M pairs), with a 3.5% share.

What are the largest producers of footwear in the world?

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The country with the largest volume of footwear production was China (11B pairs), comprising approx. 66% of total volume. Moreover, footwear production in China exceeded the figures recorded by the second-largest producer, Viet Nam (762M pairs), more than tenfold. India (639M pairs) ranked third in terms of total production with a 3.8% share.

What are the leading suppliers of footwear to Austria?

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In value terms, China ($78M) constituted the largest supplier of footwear to Austria, comprising 5.7% of total imports. The second position in the ranking was occupied by Slovakia ($35M), with a 2.6% share of total imports. It was followed by Germany, with a 1.6% share.

What are the leading importers of footwear from Austria?

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In value terms, Germany ($17M) remains the key foreign market for footwear exports from Austria, comprising 2.8% of total exports. The second position in the ranking was occupied by Italy ($3.7M), with a 0.6% share of total exports. It was followed by Switzerland, with a 0.5% share.

What is the average export price for footwear in Austria?

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The average footwear export price stood at $31 per pair in 2018, growing by 50% against the previous year.

What is the average import price for footwear in Austria?

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The average footwear import price stood at $25 per pair in 2018, picking up by 35% against the previous year.