Bangladesh: Athletic Footwear Market 2024

Athletic Footwear Market Size in Bangladesh

The Bangladeshi athletic footwear market shrank modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed resilient growth. Athletic footwear consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Athletic Footwear Production in Bangladesh

In value terms, athletic footwear production shrank modestly to $X in 2022 estimated in export price. Overall, production showed resilient growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Athletic Footwear Exports

Exports from Bangladesh

In 2022, approx. X pairs of athletic footwear were exported from Bangladesh; growing by X% against 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X pairs in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, athletic footwear exports totaled $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X pairs) was the main destination for athletic footwear exports from Bangladesh, with a X% share of total exports. Moreover, athletic footwear exports to France exceeded the volume sent to the second major destination, Germany (X pairs), threefold. The third position in this ranking was held by Morocco (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Morocco (X% per year).

In value terms, France ($X) emerged as the key foreign market for athletic footwear exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with an X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Morocco (X% per year).

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per pair in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

Athletic Footwear Imports

Imports into Bangladesh

In 2022, imports of athletic footwear into Bangladesh declined remarkably to X pairs, dropping by X% on 2021. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X pairs in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, athletic footwear imports reduced slightly to $X in 2022. Overall, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest athletic footwear supplier to Bangladesh, accounting for a X% share of total imports. Moreover, athletic footwear imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X pairs), fourfold. Singapore (X pairs) ranked third in terms of total imports with an 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: Malaysia (X% per year) and Singapore (X% per year).

In value terms, China ($X), Malaysia ($X) and Singapore ($X) appeared to be the largest athletic footwear suppliers to Bangladesh, together comprising X% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average athletic footwear import price stood at $X per pair in 2022, jumping by X% against the previous year. Over the period under review, the import price showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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