Northern America: Leather Footwear Market 2024

Leather Footwear Market Size in Northern America

In 2022, the North American leather footwear market increased by X% to $X, rising for the second consecutive year after six 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 in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Leather Footwear Production in Northern America

In value terms, leather footwear production surged to $X in 2022 estimated in export price. In general, production showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Leather Footwear Exports

Exports in Northern America

After six years of decline, shipments abroad of leather footwear increased by X% to X pairs in 2022. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports attained the peak figure at X pairs in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather footwear exports surged to $X in 2022. In general, exports, however, saw a noticeable descent. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, accounting for X pairs, which was near X% of total exports in 2022. It was distantly followed by Canada (X pairs), constituting a X% share of total exports.

The United States was also the fastest-growing in terms of the leather footwear exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by X percentage points.

In value terms, the United States ($X) remains the largest leather footwear supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, leather footwear exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per pair in 2022, growing by X% against the previous year. Export price indicated a remarkable 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, leather footwear export price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per pair), while the United States stood at $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Leather Footwear Imports

Imports in Northern America

Leather footwear imports soared to X pairs in 2022, jumping by X% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X pairs in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, leather footwear imports skyrocketed 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, amounting to X pairs, which was near X% of total imports in 2022. It was distantly followed by Canada (X pairs), mixing up a X% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of leather footwear. Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per pair, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per pair. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per pair), while the United States totaled $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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