Czech Republic: Footwear Treatments Market 2023

Footwear Treatments Market Size in the Czech Republic

The Czech footwear treatments market reduced remarkably to $X in 2021, falling by -17.3% against the previous year. Overall, consumption, however, recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Footwear Treatments Production in the Czech Republic

In value terms, footwear treatments production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 21% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Footwear Treatments Exports

Exports from the Czech Republic

In 2021, overseas shipments of polishes and creams for footwear or leather were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2015 with an increase of 28%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, footwear treatments exports expanded significantly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 32% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for footwear treatments exports from the Czech Republic, accounting for a 61% share of total exports. Moreover, footwear treatments exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was held by Slovakia (X tons), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+5.7% per year) and Slovakia (-24.5% per year).

In value terms, Germany ($X) remains the key foreign market for footwear treatments exports from the Czech Republic, comprising 50% of total exports. The second position in the ranking was taken by Poland ($X), with an 18% share of total exports. It was followed by Slovakia, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.3% per year) and Slovakia (-8.0% per year).

Export Prices by Country

In 2021, the average footwear treatments export price amounted to $X per ton, increasing by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 19% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into the Czech Republic

In 2021, overseas purchases of polishes and creams for footwear or leather increased by 15% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, saw a abrupt descent. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, footwear treatments imports fell to $X in 2021. Over the period under review, imports, however, recorded a deep reduction. The smallest decline of -1.3% was in 2013. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Turkey (X tons) were the main suppliers of footwear treatments imports to the Czech Republic, together accounting for 73% of total imports. Slovakia, China, Austria, the Netherlands and the UK lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +25.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments suppliers to the Czech Republic were Poland ($X), Germany ($X) and Turkey ($X), together accounting for 68% of total imports. Slovakia, the Netherlands, Austria, China and the UK lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Slovakia, with a CAGR of +22.6%, recorded the highest rates of growth with regard to 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 footwear treatments import price stood at $X per ton in 2021, with a decrease of -24.2% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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