Morocco: Leather Footwear Market 2022

Leather Footwear Market Size in Morocco

The Moroccan leather footwear market declined modestly to $X in 2017, reducing by -X% against the previous year. In general, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2010 to 2017, the growth of the market remained at a somewhat lower figure.

Leather Footwear Production in Morocco

In value terms, leather footwear production rose markedly to $X in 2017 estimated in export prices. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2010 to 2017, production growth remained at a somewhat lower figure.

Leather Footwear Exports

Exports from Morocco

In 2017, overseas shipments of leather footwear increased by X% to X pairs, rising for the second consecutive year after two years of decline. In general, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X pairs in 2007; however, from 2008 to 2017, exports failed to regain the momentum.

In value terms, leather footwear exports skyrocketed to $X in 2017. Overall, total exports indicated slight growth from 2007 to 2017: its value decreased 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 2017 figures, exports increased by +X% against 2015 indices. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2017, exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporter of leather footwear in the world, with the volume of exports finishing at X pairs, which was approx. X% of total exports in 2017. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%), India (X%) and Germany (X%). Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Morocco were China ($X), Italy ($X) and Vietnam ($X), together comprising X% of total exports.

Among the main exporting countries, Vietnam recorded 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

In 2017, the leather footwear export price in Morocco amounted to $X per pair, stabilizing at the previous year. In general, export price indicated a temperate expansion from 2007 to 2017: 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 2017 figures, leather footwear export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 when the export price increased by X% y-o-y. Over the period under review, export prices reached the peak figure at $X per pair in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Morocco

In 2017, the amount of leather footwear imported into Morocco stood at X pairs, surging by X% on 2016. Over the period under review, total imports indicated buoyant growth from 2007 to 2017: 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 2017 figures, imports decreased by -X% against 2012 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X pairs. from 2009 to 2017, the growth imports remained at a lower figure.

In value terms, leather footwear imports dropped markedly to $X in 2017. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Morocco imports peaked at $X in 2015; however, from 2016 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the key importers of leather footwear, together mixing up X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Morocco, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United States stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Morocco stood at $X per pair in 2017, with a decrease of -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Morocco import price peaked at $X per pair in 2015; however, from 2016 to 2017, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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