New Zealand: Leather Footwear Market 2024

Leather Footwear Market Size in New Zealand

In 2022, the New Zealand leather footwear market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Leather Footwear Exports

Exports from New Zealand

In 2022, overseas shipments of leather footwear increased by X% to X pairs for the first time since 2015, thus ending a six-year declining trend. Over the period under review, exports, however, faced a deep contraction. Over the period under review, the exports reached the maximum at X pairs in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather footwear exports skyrocketed to $X in 2022. Overall, exports, however, faced a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X pairs) was the main destination for leather footwear exports from New Zealand, accounting for a X% share of total exports. Moreover, leather footwear exports to Australia exceeded the volume sent to the second major destination, Fiji (X pairs), more than tenfold. Cook Islands (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Cook Islands (X% per year).

In value terms, Australia ($X) remains the key foreign market for leather footwear exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average leather footwear export price amounted to $X per pair, waning by X% against the previous year. In general, export price indicated a pronounced expansion 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, leather footwear export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per pair, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per pair), while the average price for exports to Cook Islands ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Leather Footwear Imports

Imports into New Zealand

In 2022, approx. X pairs of leather footwear were imported into New Zealand; flattening at the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, leather footwear imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of leather footwear to New Zealand, with a X% share of total imports. Moreover, leather footwear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), threefold. Indonesia (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of leather footwear to New Zealand, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average leather footwear import price 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 growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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