Egypt: Footwear Market 2023

Footwear Market Size in Egypt

The Egyptian footwear market expanded to $X in 2022, rising by X% against the previous year. Overall, consumption recorded a perceptible decline. Over the period under review, the market reached the maximum level 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 showed a mild slump. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Footwear Exports

Exports from Egypt

In 2022, overseas shipments of footwear increased by X% to X pairs, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X pairs in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, footwear exports surged to $X in 2022. In general, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a 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. Libya (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan stood at 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 stood at 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, remaining stable against the previous year. In general, the export price, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per pair. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: 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

In 2022, overseas purchases of footwear were finally on the rise to reach X pairs for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X pairs in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, footwear imports declined to $X in 2022. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear supplier to Egypt, accounting for 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 stood at 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 ($X) constituted the largest supplier of footwear to Egypt, comprising X% of total imports. The second position in the ranking was held by Vietnam ($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 stood at 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

The average footwear import price stood at $X per pair in 2022, waning by X% against the previous year. Overall, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per pair in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: 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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