MERCOSUR: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in MERCOSUR

The MERCOSUR waterproof footwear market rose slightly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Waterproof Footwear Production in MERCOSUR

In value terms, waterproof footwear production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Waterproof Footwear Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas shipments of waterproof footwear, when their volume decreased by X% to X pairs. In general, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X pairs. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, waterproof footwear exports expanded slightly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Ecuador represented the largest exporting country with an export of around X pairs, which accounted for X% of total exports. Brazil (X pairs) held the second position in the ranking, distantly followed by Peru (X pairs) and Colombia (X pairs). All these countries together held near X% share of total exports.

Ecuador experienced a relatively flat trend pattern with regard to volume of exports of waterproof footwear. Brazil and Colombia experienced a relatively flat trend pattern. Peru (X%) illustrated a downward trend over the same period. Ecuador (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ecuador ($X) remains the largest waterproof footwear supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Ecuador stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per pair, rising by X% against the previous year. Export price indicated a moderate increase 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, waterproof footwear export price increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Waterproof Footwear Imports

Imports in MERCOSUR

In 2022, overseas purchases of waterproof 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, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, waterproof footwear imports reached $X in 2022. In general, imports, however, continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X pairs) was the key importer of waterproof footwear, mixing up X% of total imports. It was distantly followed by Peru (X pairs), Chile (X pairs) and Brazil (X pairs), together creating a X% share of total imports. Ecuador (X pairs), Uruguay (X pairs) and Guyana (X pairs) followed a long way behind the leaders.

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

In value terms, the largest waterproof footwear importing markets in MERCOSUR were Colombia ($X), Chile ($X) and Peru ($X), together accounting for X% of total imports. Guyana, Ecuador, Uruguay and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Guyana, 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

The import price in MERCOSUR stood at $X per pair in 2022, reducing by X% against the previous year. Overall, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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