Israel: Footwear Treatments Market 2024

Footwear Treatments Market Size in Israel

The Israeli footwear treatments market surged to $X in 2022, 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). Over the period under review, consumption, however, continues to indicate a mild setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Footwear Treatments Exports

Exports from Israel

For the third consecutive year, Israel recorded growth in overseas shipments of polishes and creams for footwear or leather, which increased by X% to X tons in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear treatments exports surged to $X in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for footwear treatments exports from Israel, accounting for a X% share of total exports. Moreover, footwear treatments exports to the United States exceeded the volume sent to the second major destination, India (X kg), twofold. Botswana (X kg) ranked third in terms of total exports with an X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Botswana (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for polishes and creams for footwear or leather exports from Israel, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Botswana, with an X% share.

From 2014 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Botswana (X% per year).

Export Prices by Country

The average footwear treatments export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, export price indicated a moderate increase from 2014 to 2022: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted dramatically in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Footwear Treatments Imports

Imports into Israel

After two years of decline, overseas purchases of polishes and creams for footwear or leather increased by X% to X tons in 2022. In general, imports, however, continue to indicate a perceptible shrinkage. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, footwear treatments imports soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; afterwards, it flattened through to 2022.

Imports by Country

Switzerland (X tons), South Africa (X tons) and Turkey (X tons) were the main suppliers of footwear treatments imports to Israel, together accounting for X% of total imports. China, Spain, the UK, the United States, Germany, Italy and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments suppliers to Israel were Switzerland ($X), South Africa ($X) and Turkey ($X), with a combined X% share of total imports. China, Spain, the UK, the United States, Germany, Italy and Canada lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the UK, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average footwear treatments import price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and the United States ($X per ton), while the price for Switzerland ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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