Czech Republic: Footwear Market Overview 2020

Footwear Market Size in the Czech Republic

The revenue of the footwear market in the Czech Republic amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a conspicuous increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, footwear consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Footwear consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Footwear Production in the Czech Republic

In value terms, footwear production stood at $X in 2018 estimated in export prices. In general, footwear production, however, continues to indicate a deep decrease. The pace of growth was the most pronounced in 2009 when production volume increased by X% against the previous year. In that year, footwear production reached its peak level of $X. From 2010 to 2018, footwear production growth remained at a somewhat lower figure.

Footwear Exports

Exports from the Czech Republic

Footwear exports from the Czech Republic totaled X pairs in 2018, lowering by -X% against the previous year. In general, footwear exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, footwear exports reached their peak figure at X pairs in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, footwear exports amounted to $X in 2018. Over the period under review, footwear exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, footwear exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Germany (X pairs), the UK (X pairs) and France (X pairs) were the main destinations of footwear exports from the Czech Republic, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear exported from the Czech Republic were Germany ($X), the UK ($X) and France ($X), with a combined X% share of total exports.

In terms of the main countries of destination, the UK experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average footwear export price stood at $X per pair in 2018, flattening at the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. In that year, the average export prices for footwear attained their peak level of $X per pair. From 2016 to 2018, the growth in terms of the average export prices for footwear failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per pair), while the average price for exports to Germany ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Footwear Imports

Imports into the Czech Republic

In 2018, the amount of footwear imported into the Czech Republic amounted to X pairs, coming down by -X% against the previous year. Over the period under review, footwear imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, footwear imports reached their maximum at X pairs in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, footwear imports stood at $X in 2018. In general, the total imports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, footwear imports increased by +X% against 2011 indices. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, China (X pairs) constituted the largest supplier of footwear to the Czech Republic, accounting for a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Cambodia (X pairs), threefold. Viet Nam (X pairs) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+X% per year) and Viet Nam (-X% per year).

In value terms, China ($X), Viet Nam ($X) and Cambodia ($X) appeared to be the largest footwear suppliers to the Czech Republic, together comprising X% of total imports.

Cambodia recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average footwear import price stood at $X per pair in 2018, jumping by X% against the previous year. Overall, the footwear import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for footwear reached their maximum in 2018 and is likely to see steady 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 Viet Nam ($X per pair), while the price for Germany ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform