Denmark: Athletic Footwear Market Overview 2020

Athletic Footwear Market Size in Denmark

The Danish athletic footwear market surged to $X in 2019, jumping by X% against the previous year. In general, the total market indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in years to come.

Athletic Footwear Production in Denmark

In value terms, athletic footwear production fell dramatically to $X in 2019 estimated in export prices. Overall, production faced a dramatic decrease. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Denmark production peaked at $X in 2009; however, from 2010 to 2019, production failed to regain the momentum.

Athletic Footwear Exports

Exports from Denmark

In 2019, shipments abroad of athletic footwear decreased by -X% to X pairs, falling for the third year in a row after three years of growth. Over the period under review, exports, however, posted a mild expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X pairs in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, athletic footwear exports fell significantly to $X in 2019. In general, exports, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Denmark exports peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

China (X pairs) and Viet Nam (X pairs) represented roughly X% of total exports of athletic footwear in 2018. It was distantly followed by Germany (X pairs) and Indonesia (X pairs), together mixing up a X% share of total exports. India (X pairs), the U.S. (X pairs), France (X pairs) and the UK (X pairs) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the U.S., while exports for the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X) remains the largest athletic footwear supplier from Denmark, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Indonesia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Viet Nam totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2018, the athletic footwear export price in Denmark amounted to $X per pair, shrinking by -X% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per pair. From 2015 to 2018, 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 2018, the country with the highest price was Germany ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Denmark

For the third year in a row, Denmark recorded decline in overseas purchases of athletic footwear, which decreased by -X% to X pairs in 2019. In general, total imports indicated a modest increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X pairs in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, athletic footwear imports rose sharply to $X in 2019. Over the period under review, imports, however, saw temperate growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Denmark imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2018, the U.S. (X pairs) was the largest importer of athletic footwear, generating X% of total imports. Germany (X pairs) held the second position in the ranking, followed by Belgium (X pairs), the UK (X pairs) and Mexico (X pairs). All these countries together held approx. X% share of total imports. France (X pairs), Japan (X pairs), Spain (X pairs), the Netherlands (X pairs), Italy (X pairs), Canada (X pairs) and South Korea (X pairs) occupied a minor share of total imports.

The U.S. was also the fastest-growing in terms of the athletic footwear imports, with a CAGR of +X% from 2007 to 2018. At the same time, Germany (+X%), Canada (+X%), South Korea (+X%), Belgium (+X%), Mexico (+X%), the UK (+X%), Japan (+X%), the Netherlands (+X%), Spain (+X%), France (+X%) and Italy (+X%) displayed positive paces of growth. The U.S. (+X p.p.), Germany (+X p.p.), Belgium (+X p.p.), the UK (+X p.p.), Mexico (+X p.p.), Japan (+X p.p.), France (+X p.p.), the Netherlands (+X p.p.), Spain (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported athletic footwear into Denmark, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Belgium, with a X% share.

In the U.S., athletic footwear imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2018, the athletic footwear import price in Denmark amounted to $X per pair, falling by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per pair. From 2015 to 2018, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per pair), while Mexico ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for athletic footwear in the world?

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The countries with the highest volumes of athletic footwear consumption in 2019 were China (270M pairs), the U.S. (260M pairs) and Japan (62M pairs), together accounting for 31% of global consumption. These countries were followed by Belgium, Russia, Brazil, Pakistan, Mexico, Indonesia, Bangladesh, Germany and India, which together accounted for a further 24%.

What are the largest producers of athletic footwear in the world?

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The countries with the highest volumes of athletic footwear production in 2019 were China (501M pairs), Viet Nam (273M pairs) and Indonesia (84M pairs), with a combined 49% share of global production. Russia, Pakistan, Brazil, India, Bangladesh, Nigeria, Japan and Ethiopia lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of athletic footwear to Denmark?

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In value terms, Germany ($31M) constituted the largest supplier of athletic footwear to Denmark, comprising 28% of total imports. The second position in the ranking was occupied by Belgium ($14M), with a 13% share of total imports. It was followed by Viet Nam, with a 11% share.

What are the leading importers of athletic footwear from Denmark?

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In value terms, the largest markets for athletic footwear exported from Denmark were Sweden ($39M), Norway ($38M) and Germany ($8.5M).

What is the average export price for athletic footwear in Denmark?

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The average athletic footwear export price stood at $18 per pair in 2018, declining by -31.2% against the previous year.

What is the average import price for athletic footwear in Denmark?

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In 2018, the average athletic footwear import price amounted to $22 per pair, shrinking by -11% against the previous year.