Canada: Leather Footwear Market 2022

Leather Footwear Market Size in Canada

In 2017, the Canadian leather footwear market decreased by -X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Canada consumption peaked at $X in 2014; however, from 2015 to 2017, consumption stood at a somewhat lower figure.

Leather Footwear Exports

Exports from Canada

In 2017, overseas shipments of leather footwear decreased by -X% to X pairs, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X pairs in 2007; however, from 2008 to 2017, exports remained at a lower figure.

In value terms, leather footwear exports fell to $X in 2017. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2017, exports stood at a somewhat lower figure.

Exports by Country

In 2017, China (X pairs) was the major exporter of leather footwear, committing X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and India (X%). Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Canada were China ($X), Italy ($X) and Vietnam ($X), together comprising X% of total exports.

Vietnam saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Canada stood at $X per pair in 2017, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per pair. from 2009 to 2017, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Canada

In 2017, overseas purchases of leather footwear decreased by -X% to X pairs, falling for the third year in a row after two years of growth. Overall, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Canada imports peaked at X pairs in 2007; however, from 2008 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports dropped to $X in 2017. The total import value increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Canada imports peaked at $X in 2014; however, from 2015 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) represented the key importers of leather footwear, together creating X% of total imports. The following importers - Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Poland (X pairs) - together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Canada, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Canada stood at $X per pair in 2017, remaining relatively unchanged against the previous year. Overall, import price indicated a resilient increase from 2007 to 2017: 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 2017 figures, leather footwear import price increased by +X% against 2007 indices. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. Canada import price peaked at $X per pair in 2016, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2017, the country with the highest price was China ($X per pair), while Poland ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :