Egypt: Leather Footwear Market 2022

Leather Footwear Market Size in Egypt

The Egyptian leather footwear market surged to $X in 2017, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2016 to 2017, the growth of the market remained at a lower figure.

Leather Footwear Exports

Exports from Egypt

In 2017, overseas shipments of leather footwear decreased by -X% to X pairs, falling for the third consecutive year after two years of growth. Overall, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X pairs in 2014; however, from 2015 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports dropped to $X in 2017. Over the period under review, exports continue to indicate a mild expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

In 2017, China (X pairs) represented the key exporter of leather footwear, comprising X% of total exports. Vietnam (X pairs) took the second position in the ranking, followed by Italy (X pairs) and India (X pairs). All these countries together occupied near X% share of total exports. Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Egypt were China ($X), Italy ($X) and Vietnam ($X), together comprising X% of total exports.

Vietnam saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Egypt stood at $X per pair in 2017, increasing by X% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per pair. from 2016 to 2017, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Egypt

In 2017, the amount of leather footwear imported into Egypt soared to X pairs, increasing by X% against the previous year. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Egypt imports peaked at X pairs in 2015; however, from 2016 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports soared to $X in 2017. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the main importers of leather footwear, together making up X% of total imports. The following importers - Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) - together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Egypt, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United States amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Egypt stood at $X per pair in 2017, remaining constant against the previous year. In general, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Egypt import price peaked at $X per pair in 2015; however, from 2016 to 2017, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform

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