Portugal: Leather Footwear Market 2022

Leather Footwear Market Size in Portugal

The Portuguese leather footwear market rose to $X in 2017, growing by X% against the previous year. In general, the total consumption 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, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2017, consumption failed to regain the momentum.

Leather Footwear Production in Portugal

In value terms, leather footwear production amounted to $X in 2017 estimated in export prices. Overall, the total production indicated a perceptible increase 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, production increased by +X% against 2015 indices. The growth pace was the most rapid in 2012 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2017, production failed to regain the momentum.

Leather Footwear Exports

Exports from Portugal

Leather footwear exports from Portugal totaled X pairs in 2017, almost unchanged from 2016. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2017 and are expected to retain growth in the near future.

In value terms, leather footwear exports amounted to $X in 2017. The total export value increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

China represented the major exporter of leather footwear in the world, with the volume of exports amounting to X pairs, which was near X% of total exports in 2017. It was distantly followed by Vietnam (X pairs), Italy (X pairs), India (X pairs) and Germany (X pairs), together generating a X% share of total exports. Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) took a little share of total exports.

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%) and the Netherlands (+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. Vietnam (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Indonesia and Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Portugal were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

Vietnam recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Portugal stood at $X per pair in 2017, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per pair. from 2012 to 2017, the growth in terms of the export prices remained 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 Portugal

In 2017, the amount of leather footwear imported into Portugal declined to X pairs, with a decrease of -X% against 2016. In general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X pairs in 2007; however, from 2008 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports declined to $X in 2017. Over the period under review, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2009 to 2017, the growth imports failed to regain the momentum.

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 main importers of leather footwear, together achieving 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) held a relatively small 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 ($X) constitutes the largest market for imported leather footwear into Portugal, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports plunged 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 Portugal amounted to $X per pair, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per pair. from 2013 to 2017, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2017, 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.

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Source: IndexBox Platform

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