CIS: Footwear Treatments Market 2023

Footwear Treatments Market Size in CIS

The CIS footwear treatments market skyrocketed to $X in 2021, rising by 29% against the previous year. Over the period under review, consumption, however, continues to indicate a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Footwear Treatments Production in CIS

In value terms, footwear treatments production surged to $X in 2021 estimated in export price. In general, production, however, recorded a precipitous contraction. The pace of growth appeared the most rapid in 2016 with an increase of 65% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Footwear Treatments Exports

Exports in CIS

In 2021, shipments abroad of polishes and creams for footwear or leather decreased by -5.1% to X tons, falling for the second consecutive year after four years of growth. In general, exports, however, recorded a measured expansion. The pace of growth was the most pronounced in 2016 when exports increased by 47% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, footwear treatments exports rose significantly to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -11.1% against 2019 indices. The growth pace was the most rapid in 2016 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Russia (X tons) was the key exporter of polishes and creams for footwear or leather, making up 81% of total exports. It was distantly followed by Belarus (X tons), constituting a 14% share of total exports. Azerbaijan (X tons) held a minor share of total exports.

Exports from Russia increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, Azerbaijan (+103.6%) and Belarus (+4.7%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +103.6% from 2012-2021. While the share of Azerbaijan (+2.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-2.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest footwear treatments supplier in the CIS, comprising 81% of total exports. The second position in the ranking was taken by Belarus ($X), with a 15% share of total exports.

In Russia, footwear treatments exports increased at an average annual rate of +2.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+2.3% per year) and Azerbaijan (+101.9% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (-0.9%), while the other leaders experienced a decline in the export price figures.

Footwear Treatments Imports

Imports in CIS

In 2021, the amount of polishes and creams for footwear or leather imported in the CIS expanded remarkably to X tons, increasing by 5.5% compared with the previous year's figure. In general, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 42%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, footwear treatments imports surged to $X in 2021. Overall, imports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the major importer of polishes and creams for footwear or leather, comprising 48% of total imports. Uzbekistan (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons), Azerbaijan (X tons) and Kazakhstan (X tons). All these countries together held approx. 44% share of total imports. Belarus (X tons) and Moldova (X tons) took a minor share of total imports.

Imports into Russia decreased at an average annual rate of -9.3% from 2012 to 2021. At the same time, Kyrgyzstan (+15.6%), Azerbaijan (+5.2%) and Uzbekistan (+4.0%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.6% from 2012-2021. By contrast, Moldova (-5.6%), Belarus (-6.3%) and Kazakhstan (-9.2%) illustrated a downward trend over the same period. Uzbekistan (+17 p.p.), Kyrgyzstan (+8.8 p.p.) and Azerbaijan (+5.8 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Russia saw its share reduced by -3.8% and -25.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported polishes and creams for footwear or leather in the CIS, comprising 65% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with an 8.1% share of total imports. It was followed by Kazakhstan, with a 7.5% share.

In Russia, footwear treatments imports declined by an average annual rate of -5.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+23.8% per year) and Kazakhstan (-6.8% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+19.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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