Oman: Leather Footwear Market 2022

Leather Footwear Market Size in Oman

The Omani leather footwear market expanded sharply to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded significant growth. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Oman consumption peaked at $X in 2015; however, from 2016 to 2017, consumption stood at a somewhat lower figure.

Leather Footwear Exports

Exports from Oman

In 2017, after three years of decline, there was growth in shipments abroad of leather footwear, when their volume increased by X% to X pairs. In general, exports, however, continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X pairs in 2007; however, from 2008 to 2017, exports remained at a lower figure.

In value terms, leather footwear exports soared to $X in 2017. Over the period under review, exports, however, saw a precipitous descent. Oman exports peaked at $X in 2008; however, from 2009 to 2017, exports stood at a somewhat lower figure.

Exports by Country

In 2017, China (X pairs) was the key exporter of leather footwear, achieving X% of total exports. Vietnam (X pairs) held a X% share (based on tons) of total exports, which put it in second place, followed by Italy (X%) and India (X%). Germany (X pairs), 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 Oman were China ($X), Italy ($X) and Vietnam ($X), together accounting for X% of total exports.

Among the main exporting countries, Vietnam saw the highest rates of growth with regard to 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 Oman amounted to $X per pair, with an increase of X% against the previous year. In general, export price indicated strong growth 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. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; 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 Oman

In 2017, approx. X pairs of leather footwear were imported into Oman; increasing by X% against the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Oman imports peaked at X pairs in 2011; however, from 2012 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports rose markedly to $X in 2017. Overall, total imports indicated a pronounced expansion from 2007 to 2017: 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 2017 figures, imports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2011 to 2017, the growth imports remained at a 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) occupied a minor share of total imports.

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

In the United States, leather footwear imports decreased by an average annual rate of -X% over the period from 2007-2017. 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

In 2017, the leather footwear import price in Oman amounted to $X per pair, shrinking by -X% against the previous year. Over the period under review, import price indicated a pronounced 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 import price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2012 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per pair in 2014; however, from 2015 to 2017, import prices stood at a somewhat lower figure.

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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