Israel: Athletic Footwear Market 2024

Athletic Footwear Market Size in Israel

The Israeli athletic footwear market fell sharply to $X in 2022, declining 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, showed significant growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Athletic Footwear Exports

Exports from Israel

In 2022, overseas shipments of athletic footwear decreased by X% to X pairs, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, athletic footwear exports dropped markedly to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X pairs) was the main destination for athletic footwear exports from Israel, accounting for a X% share of total exports. Moreover, athletic footwear exports to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X pairs), sixfold. The third position in this ranking was held by the UK (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

In value terms, the United Arab Emirates ($X), the United States ($X) and the UK ($X) were the largest markets for athletic footwear exported from Israel worldwide, together comprising X% of total exports.

Among the main countries of destination, the UK, with a CAGR of X%, 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

The average athletic footwear export price stood at $X per pair in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per pair in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to the United Arab Emirates ($X per pair) was amongst the lowest.

From 2012 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 more modest paces of growth.

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Athletic Footwear Imports

Imports into Israel

In 2022, athletic footwear imports into Israel reduced notably to X pairs, dropping by X% compared with 2021. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, athletic footwear imports shrank rapidly to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X pairs), Belgium (X pairs) and Austria (X pairs) were the main suppliers of athletic footwear imports to Israel, with a combined X% share of total imports.

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

In value terms, the largest athletic footwear suppliers to Israel were the Netherlands ($X), Belgium ($X) and Austria ($X), together comprising X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded 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 athletic footwear import price amounted to $X per pair, picking up by X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, athletic footwear import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per pair) and the Netherlands ($X per pair), while the price for China ($X per pair) and the UK ($X per pair) were amongst the lowest.

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

Source: IndexBox Platform

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