Jordan: Leather Footwear Market 2024

Leather Footwear Market Size in Jordan

The Jordanian leather footwear market surged to $X in 2022, growing 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, the total consumption indicated slight growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Leather Footwear Exports

Exports from Jordan

In 2022, shipments abroad of leather footwear increased by X% to X pairs, rising for the second year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, leather footwear exports surged to $X in 2022. Overall, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X pairs) was the main destination for leather footwear exports from Jordan, accounting for a X% share of total exports. Moreover, leather footwear exports to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X pairs), twofold. Free Zones (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Free Zones (X% per year).

In value terms, the United Arab Emirates ($X), Egypt ($X) and Free Zones ($X) constituted the largest markets for leather footwear exported from Jordan worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, 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 leather footwear export price stood at $X per pair in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per pair in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($X per pair), while the average price for exports to Palestine ($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 Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Jordan

In 2022, approx. X pairs of leather footwear were imported into Jordan; growing by X% compared with the year before. In general, imports, however, showed a mild descent. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X pairs. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, leather footwear imports soared to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X pairs), India (X pairs) and China (X pairs) were the main suppliers of leather footwear imports to Jordan, with a combined X% share of total imports. Italy, Egypt, Vietnam, Germany, the United States and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest leather footwear suppliers to Jordan were Turkey ($X), India ($X) and Italy ($X), together accounting for X% of total imports. China, Egypt, Vietnam, Germany, the United States and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Egypt, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average leather footwear import price stood at $X per pair in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per pair in 2016; however, from 2017 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 Italy ($X per pair) and Egypt ($X per pair), while the price for the United Arab Emirates ($X per pair) and India ($X per pair) were amongst the lowest.

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

Source: IndexBox Platform

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