MENA: Leather Footwear Market 2024

Leather Footwear Market Size in MENA

The MENA's leather footwear market declined to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a measured expansion 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 decreased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Leather Footwear Production in MENA

In value terms, leather footwear production fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Leather Footwear Exports

Exports in MENA

In 2022, overseas shipments of leather footwear increased by X% to X pairs, rising for the second consecutive year after three years of decline. Total exports indicated prominent growth 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, leather footwear exports surged to $X in 2022. Total exports indicated a moderate increase 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey was the key exporting country with an export of about X pairs, which reached X% of total exports. Tunisia (X pairs) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and Morocco (X%).

From 2012 to 2022, average annual rates of growth with regard to leather footwear exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%), Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) and Morocco (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest leather footwear supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

In Turkey, leather footwear exports increased 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: the United Arab Emirates (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per pair in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a mild descent. The growth pace was the most rapid in 2018 an increase of X% against the previous year. 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 the United Arab Emirates ($X per pair), while Tunisia ($X per pair) was amongst the lowest.

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

Leather Footwear Imports

Imports in MENA

In 2022, purchases abroad of leather footwear increased by X% to X pairs, rising for the second consecutive year after four years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X pairs in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, leather footwear imports soared to $X in 2022. The total import value 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 in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of leather footwear imports in 2022 were the United Arab Emirates (X pairs), Israel (X pairs) and Iraq (X pairs), together finishing at X% of total import. Turkey (X pairs) ranks next in terms of the total imports with an X% share, followed by Saudi Arabia (X%). The following importers - Kuwait (X pairs), Algeria (X pairs), Morocco (X pairs), Yemen (X pairs), Djibouti (X pairs), Libya (X pairs) and Qatar (X pairs) - together made up X% of total imports.

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

In value terms, the largest leather footwear importing markets in MENA were the United Arab Emirates ($X), Israel ($X) and Turkey ($X), together comprising X% of total imports. Kuwait, Iraq, Saudi Arabia, Yemen, Djibouti, Algeria, Qatar, Morocco and Libya lagged somewhat behind, together accounting for a further X%.

Djibouti, with a CAGR of X%, recorded the highest growth rate of 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 MENA amounted to $X per pair, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per pair in 2019; afterwards, it flattened through to 2022.

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 Kuwait ($X per pair), while Libya ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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