Iraq: Leather Footwear Market 2022

Leather Footwear Market Size in Iraq

The Iraqi leather footwear market rose to $X in 2017, increasing 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). Overall, consumption posted a strong expansion. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level in 2017 and is expected to retain growth in years to come.

Leather Footwear Exports

Exports from Iraq

In 2017, shipments abroad of leather footwear was finally on the rise to reach X pairs for the first time since 2012, thus ending a four-year declining trend. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. As a result, exports attained the peak of X pairs. from 2013 to 2017, the growth exports remained at a lower figure.

In value terms, leather footwear exports dropped markedly to $X in 2017. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2013 to 2017, the growth exports remained at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X pairs, which reached X% of total exports. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together achieving a 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) held a minor share of total exports.

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 Iraq were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

Among the main exporting countries, Vietnam saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the leather footwear export price in Iraq amounted to $X per pair, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 when the export price increased by X% y-o-y. Over the period under review, export prices reached the maximum at $X per pair in 2007; however, from 2008 to 2017, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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 Iraq

Leather footwear imports into Iraq stood at X pairs in 2017, picking up by X% compared with the previous year's figure. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Iraq imports peaked in 2017 and are likely to see gradual growth in the immediate term.

In value terms, leather footwear imports rose slightly to $X in 2017. In general, imports saw a prominent increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Iraq imports peaked in 2017 and are likely to continue growth in years to come.

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) represented the main importers of leather footwear, together creating 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 main importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

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

In the United States, leather footwear imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Iraq amounted to $X per pair, with a decrease of -X% against the previous year. Overall, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2009 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per pair. from 2010 to 2017, the growth in terms of the 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.

Source: IndexBox Platform

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