Latin America and the Caribbean: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Latin America and the Caribbean

In 2022, the Latin American market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Latin America and the Caribbean

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap fell slightly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports in Latin America and the Caribbean

In 2022, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were finally on the rise to reach X pairs after two years of decline. Over the period under review, exports, however, saw a noticeable curtailment. Over the period under review, the exports of reached the peak figure at X pairs in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2022. In general, exports, however, saw a pronounced curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil represented the largest exporter of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap in Latin America and the Caribbean, with the volume of exports amounting to X pairs, which was near X% of total exports in 2022. Panama (X pairs) took the second position in the ranking, followed by Mexico (X pairs). All these countries together took near X% share of total exports.

Brazil was also the fastest-growing in terms of the footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports, with a CAGR of X% from 2012 to 2022. Mexico experienced a relatively flat trend pattern. Panama (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Panama (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports.

In Brazil, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Panama (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per pair in 2022, growing by X% against the previous year. Overall, the export price, however, saw a slight slump. The level of export peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Panama ($X per pair), while Brazil ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by X% to X pairs, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a pronounced setback. Over the period under review, imports of hit record highs at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Chile (X pairs) and Mexico (X pairs) represented roughly X% of total imports in 2022. It was distantly followed by Peru (X pairs), Colombia (X pairs) and Argentina (X pairs), together comprising a X% share of total imports. The following importers - Venezuela (X pairs), Panama (X pairs), Guatemala (X pairs), Haiti (X pairs), Brazil (X pairs), Ecuador (X pairs), Costa Rica (X pairs) and the Dominican Republic (X pairs) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Guatemala (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Peru ($X), together comprising X% of total imports. Colombia, Argentina, Panama, Ecuador, Venezuela, Guatemala, Brazil, Costa Rica, Haiti and the Dominican Republic lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per pair in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per pair), while Haiti ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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