ECOWAS: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in ECOWAS

The ECOWAS market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap declined to $X in 2022, waning by X% against the previous year. In general, consumption, however, enjoyed a perceptible expansion. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in ECOWAS

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a tangible increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports in ECOWAS

In 2022, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by X% to X pairs, rising for the second consecutive year after seven years of decline. Overall, exports, however, recorded a deep contraction. The volume of export peaked at X pairs in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire prevails in toe-cap structure, resulting at X pairs, which was near X% of total exports in 2022. It was distantly followed by Senegal (X pairs), mixing up a X% share of total exports.

Cote d'Ivoire experienced a relatively flat trend pattern with regard to volume of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap. At the same time, Senegal (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. While the share of Cote d'Ivoire (X p.p.) and Senegal (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) emerged as the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports.

In Cote d'Ivoire, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in ECOWAS stood at $X per pair in 2022, picking up by X% against the previous year. Overall, the export price showed a tangible increase. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per pair), while Cote d'Ivoire amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports in ECOWAS

In 2022, supplies from abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by X% to X pairs for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed moderate growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X pairs, and then declined sharply in the following year.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap shrank to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Guinea (X pairs) and Ghana (X pairs) were the main importers of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap in 2022, finishing at near X% and X% of total imports, respectively. It was distantly followed by Liberia (X pairs), achieving an X% share of total imports. The following importers - Mali (X pairs) and Sierra Leone (X pairs) - each resulted at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Liberia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) constitutes the largest market for imported footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Guinea ($X), with a X% share of total imports. It was followed by Liberia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana amounted to X%. In the other countries, the average annual rates were as follows: Guinea (X% per year) and Liberia (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per pair, surging by X% against the previous year. In general, the import price saw a notable increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per pair in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per pair), while Liberia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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