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Estonia - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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Estonia: Footwear Market Overview 2020

Footwear Market Size in Estonia

The revenue of the footwear market in Estonia amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the footwear market attained its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Footwear Production in Estonia

In value terms, footwear production totaled $X in 2018 estimated in export prices. Overall, footwear production continues to indicate a mild descent. The growth pace was the most rapid in 2016 when production volume increased by X% against the previous year. Over the period under review, footwear production reached its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Footwear Exports

Exports from Estonia

In 2018, the exports of footwear from Estonia stood at X pairs, increasing by X% against the previous year. Over the period under review, footwear exports, however, continue to indicate an abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Estonia exports peaked at X pairs in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, footwear exports totaled $X in 2018. In general, footwear exports, however, continue to indicate a significant slump. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, footwear exports attained their peak figure at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

China prevails in footwear exports structure, reaching X pairs, which was near X% of total exports in 2018. It was distantly followed by Viet Nam (X pairs), mixing up a X% share of total exports. Germany (X pairs), Belgium (X pairs), Italy (X pairs), Indonesia (X pairs), Turkey (X pairs), India (X pairs), the Netherlands (X pairs), Spain (X pairs) and the UK (X pairs) held a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to footwear exports from China stood at -X%. At the same time, the UK (+X%), Turkey (+X%), Viet Nam (+X%), India (+X%), the Netherlands (+X%), Indonesia (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium and Italy experienced a relatively flat trend pattern. While the share of Viet Nam (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Italy (+X% per year).

Export Prices by Country

The footwear export price in Estonia stood at $X per pair in 2018, coming down by -X% against the previous year. Overall, the footwear export price, however, continues to indicate measured growth. The pace of growth appeared the most rapid in 2011 when the export price increased by X% year-to-year. Over the period under review, the export prices for footwear reached their maximum at $X per pair in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

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

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

Footwear Imports

Imports into Estonia

In 2018, approx. X pairs of footwear were imported into Estonia; falling by -X% against the previous year. In general, footwear imports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Estonia imports peaked at X pairs in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, footwear imports totaled $X in 2018. In general, footwear imports continue to indicate a measured reduction. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Estonia imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X pairs), distantly followed by Germany (X pairs) and the UK (X pairs) represented the main importers of footwear, together comprising X% of total imports. Japan (X pairs), France (X pairs), Italy (X pairs), Russia (X pairs), the Philippines (X pairs), India (X pairs), the United Arab Emirates (X pairs), Belgium (X pairs) and Saudi Arabia (X pairs) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to footwear imports into the U.S. stood at -X%. At the same time, the Philippines (+X%), Saudi Arabia (+X%), India (+X%), Russia (+X%), Germany (+X%), Belgium (+X%), the United Arab Emirates (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan and Italy experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. While the share of the Philippines (+X p.p.), India (+X p.p.), Germany (+X p.p.) and Saudi Arabia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest footwear importing markets into Estonia were the U.S. ($X), Germany ($X) and France ($X), with a combined X% share of total imports. These countries were followed by the UK, Italy, Japan, Russia, Belgium, the United Arab Emirates, the Philippines, India, Saudi Arabia and Estonia, which together accounted for a further X Philippines recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The footwear import price in Estonia stood at $X per pair in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, the import prices for footwear reached their maximum at $X per pair in 2014; however, from 2015 to 2018, import prices stood 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 France ($X per pair), while India ($X per pair) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
• Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
• Prodcom 15201351 - Men
• Prodcom 15201352 - Women
• Prodcom 15201353 - Children
• Prodcom 15201361 - Men
• Prodcom 15201362 - Women
• Prodcom 15201363 - Children
• Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
• Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
• Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
• Prodcom 15201231 - Town footwear with rubber or plastic uppers
• Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
• Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

This report provides an in-depth analysis of the footwear market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Estonia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Estonia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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