Portugal: Athletic Footwear Market 2024

Athletic Footwear Market Size in Portugal

The Portuguese athletic footwear market dropped slightly to $X in 2022, remaining stable against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: 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 2022 figures, consumption decreased by X% against 2016 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Athletic Footwear Production in Portugal

In value terms, athletic footwear production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, saw a deep contraction. Athletic footwear production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Athletic Footwear Exports

Exports from Portugal

In 2022, shipments abroad of athletic footwear increased by X% to X pairs for the first time since 2018, thus ending a three-year declining trend. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at X pairs in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, athletic footwear exports skyrocketed to $X in 2022. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X pairs) was the main destination for athletic footwear exports from Portugal, accounting for a X% share of total exports. Moreover, athletic footwear exports to Germany exceeded the volume sent to the second major destination, Sweden (X pairs), threefold. Belgium (X pairs) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Belgium (X% per year).

In value terms, the largest markets for athletic footwear exported from Portugal were Germany ($X), Sweden ($X) and Belgium ($X), together accounting for X% of total exports. Spain, France, the UK, the Netherlands, the United States, the Czech Republic, Italy, Luxembourg, Angola and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, recorded 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 2022, the average athletic footwear export price amounted to $X per pair, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per pair in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to Luxembourg ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Portugal

After two years of decline, purchases abroad of athletic footwear increased by X% to X pairs in 2022. In general, total imports indicated modest growth from 2012 to 2022: 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 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X pairs. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, athletic footwear imports rose rapidly to $X in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X pairs) constituted the largest supplier of athletic footwear to Portugal, accounting for a X% share of total imports. Moreover, athletic footwear imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X pairs), twofold. The third position in this ranking was taken by France (X pairs), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, the largest athletic footwear suppliers to Portugal were Belgium ($X), Spain ($X) and Germany ($X), with a combined X% share of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average athletic footwear import price stood at $X per pair in 2022, with an increase of X% against the previous year. Overall, import price indicated a noticeable 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, athletic footwear import price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per pair in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($X per pair), while the price for France ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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