MERCOSUR: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in MERCOSUR

In 2022, the MERCOSUR market for footwear with uppers of textile materials increased by X% to $X, rising for the second year in a row after two years of decline. 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. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Footwear with Uppers of Textile Materials in MERCOSUR

In value terms, production of footwear with uppers of textile materials stood at $X in 2022 estimated in export price. Over the period under review, production showed mild growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports in MERCOSUR

Exports of footwear with uppers of textile materials expanded rapidly to X pairs in 2022, growing by X% against the previous year's figure. Total exports indicated a resilient expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. 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 of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of footwear with uppers of textile materials soared to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Brazil dominates materials structure, recording X pairs, which was near X% of total exports in 2022. Colombia (X pairs) and Chile (X pairs) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the footwear with uppers of textile materials exports, with a CAGR of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. By contrast, Chile (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 Chile (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest footwear with uppers of textile materials supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

In Brazil, exports of footwear with uppers of textile materials expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Colombia (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. Overall, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per pair), while Colombia ($X per pair) was amongst the lowest.

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

Imports of Footwear with Uppers of Textile Materials

Imports in MERCOSUR

In 2022, supplies from abroad of footwear with uppers of textile materials increased by X% to X pairs, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, imports of footwear with uppers of textile materials surged to $X in 2022. Total imports indicated temperate 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Chile represented the major importing country with an import of about X pairs, which accounted for X% of total imports. Peru (X pairs) ranks second in terms of the total imports with a X% share, followed by Colombia (X%), Brazil (X%) and Argentina (X%). Uruguay (X pairs) and Venezuela (X pairs) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to footwear with uppers of textile materials imports into Chile stood at X%. At the same time, Argentina (X%), Peru (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%), Venezuela (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Peru and Argentina increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Peru ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Argentina, Brazil, Uruguay and Venezuela lagged somewhat behind, together comprising a further X%.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in MERCOSUR amounted to $X per pair, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per pair in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Colombia ($X per pair), while Venezuela ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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