Egypt: Footwear Market 2024

Footwear Market Size in Egypt

The Egyptian footwear market rose slightly to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a perceptible curtailment. Footwear consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Footwear Production in Egypt

In value terms, footwear production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Footwear Exports

Exports from Egypt

In 2022, approx. X pairs of footwear were exported from Egypt; growing by X% on 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, footwear exports soared to $X in 2022. In general, exports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X pairs) was the main destination for footwear exports from Egypt, accounting for a X% share of total exports. Moreover, footwear exports to Sudan exceeded the volume sent to the second major destination, the United Arab Emirates (X pairs), sevenfold. The third position in this ranking was held by Libya (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Libya (X% per year).

In value terms, Sudan ($X) remains the key foreign market for footwear exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Libya ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average footwear export price stood at $X per pair in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per pair in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per pair), while the average price for exports to Iraq ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Imports

Imports into Egypt

For the fourth year in a row, Egypt recorded decline in overseas purchases of footwear, which decreased by X% to X pairs in 2022. In general, imports faced a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X pairs. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, footwear imports shrank to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of footwear to Egypt, with a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), threefold. Indonesia (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of footwear to Egypt, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the average footwear import price amounted to $X per pair, waning by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, footwear import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per pair, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per pair), while the price for Brazil ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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