Ireland: Footwear Treatments Market 2023

Footwear Treatments Market Size in Ireland

In 2021, the Irish footwear treatments market decreased by -5.3% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, continues to indicate a notable expansion. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Footwear Treatments Production in Ireland

In value terms, footwear treatments production totaled $X in 2021 estimated in export price. In general, production, however, faced a deep downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 91% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Footwear Treatments Exports

Exports from Ireland

In 2021, the amount of polishes and creams for footwear or leather exported from Ireland soared to X tons, growing by 324% compared with 2020. Overall, exports, however, faced a dramatic contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, footwear treatments exports soared to $X in 2021. Over the period under review, exports, however, recorded a sharp curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for footwear treatments exports from Ireland, with a 46% share of total exports. Moreover, footwear treatments exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to -17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+64.9% per year) and Germany (-28.4% per year).

In value terms, the largest markets for footwear treatments exported from Ireland were the UK ($X), the United States ($X) and the Netherlands ($X), with a combined 74% share of total exports. Norway, Canada, Germany, Belgium, Spain, France, Poland, Italy and Sweden lagged somewhat behind, together comprising a further 17%.

Among the main countries of destination, Norway, with a CAGR of +3,407.1%, saw the highest growth rate of 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 2021, the average footwear treatments export price amounted to $X per ton, with a decrease of -3.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 143%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into Ireland

In 2021, the amount of polishes and creams for footwear or leather imported into Ireland shrank sharply to X tons, waning by -36.3% compared with the previous year's figure. In general, imports showed a sharp downturn. The pace of growth was the most pronounced in 2019 when imports increased by 42%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, footwear treatments imports declined significantly to $X in 2021. Overall, imports faced a deep reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 80% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest footwear treatments supplier to Ireland, accounting for a 49% share of total imports. Moreover, footwear treatments imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. South Africa (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from the UK stood at -23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.1% per year) and South Africa (+794.3% per year).

In value terms, the UK ($X) constituted the largest supplier of footwear treatments to Ireland, comprising 54% of total imports. The second position in the ranking was held by South Africa ($X), with an 8.7% share of total imports. It was followed by Germany, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+796.2% per year) and Germany (-6.6% per year).

Import Prices by Country

In 2021, the average footwear treatments import price amounted to $X per ton, leveling off at the previous year. Overall, the import price enjoyed prominent growth. The growth pace was the most rapid in 2018 when the average import price increased by 36% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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