Japan: Leather Footwear Market 2022

Leather Footwear Market Size in Japan

In 2017, the Japanese leather footwear market decreased by -X% to $X, falling for the fourth year in a row after four years of growth. Overall, consumption continues to indicate a slight increase. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Japan consumption peaked at $X in 2013; however, from 2014 to 2017, consumption remained at a lower figure.

Leather Footwear Exports

Exports from Japan

In 2017, approx. X pairs of leather footwear were exported from Japan; declining by -X% against the year before. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Japan exports peaked at X pairs in 2008; however, from 2009 to 2017, exports failed to regain the momentum.

In value terms, leather footwear exports contracted to $X in 2017. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2009 to 2017, the growth exports failed to regain the momentum.

Exports by Country

China represented the main exporter of leather footwear in the world, with the volume of exports accounting for X pairs, which was approx. X% of total exports in 2017. Vietnam (X pairs) took the second position in the ranking, followed by Italy (X pairs) and India (X pairs). All these countries together held near 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) followed a long way behind the leaders.

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, China ($X), Italy ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% 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 Japan amounted to $X per pair, growing by X% against the previous year. Overall, export price indicated a buoyant increase from 2007 to 2017: 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 2017 figures, leather footwear export price increased by +X% against 2011 indices. The growth pace was the most rapid in 2010 when the export price increased by X% year-to-year. Over the period under review, export prices reached the maximum in 2017 and is expected to retain growth in the immediate term.

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 Japan

In 2017, imports of leather footwear into Japan fell to X pairs, which is down by -X% compared with the previous year. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Japan imports peaked at X pairs in 2007; however, from 2008 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports reduced to $X in 2017. In general, imports recorded a slight increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

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 key importers of leather footwear, together comprising X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), China (X pairs), Spain (X pairs), Canada (X pairs) and Poland (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

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

In the United States, leather footwear imports declined by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Japan stood at $X per pair in 2017, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Japan import price peaked at $X per pair in 2011; however, from 2012 to 2017, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2017, the country with the highest price was China ($X per pair), while Poland ($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.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :