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Romania - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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Romania: Footwear Market Overview 2021

Footwear Market Size in Romania

The Romanian footwear market expanded remarkably to $X in 2019, surging by X% against the previous year. Overall, consumption, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Footwear consumption peaked in 2019 and is expected to retain growth in the immediate term.

Footwear Production in Romania

In value terms, footwear production declined to $X in 2019 estimated in export prices. Over the period under review, production showed a abrupt decline. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Footwear Exports

Exports from Romania

Footwear exports from Romania fell rapidly to X pairs in 2019, waning by -X% on the previous year. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X pairs in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, footwear exports declined to $X in 2019. In general, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Italy (X pairs), Austria (X pairs) and Germany (X pairs) were the main destinations of footwear exports from Romania, with a combined X% share of total exports. These countries were followed by France, Denmark, Bulgaria and Hungary, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria, while exports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Austria ($X) and Germany ($X) constituted the largest markets for footwear exported from Romania worldwide, together accounting for X% of total exports. France, Bulgaria, Denmark and Hungary lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average footwear export price amounted to $X per pair, increasing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per pair in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2018, the country with the highest price was Germany ($X per pair), while the average price for exports to Denmark ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Footwear Imports

Imports into Romania

In 2019, the amount of footwear imported into Romania soared to X pairs, jumping by X% against the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X pairs in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, footwear imports rose sharply to $X in 2019. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, China (X pairs) constituted the largest supplier of footwear to Romania, with a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Poland (X pairs), fivefold. The third position in this ranking was occupied by Turkey (X pairs), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Turkey (-X% per year).

In value terms, the largest footwear suppliers to Romania were China ($X), Poland ($X) and Spain ($X), with a combined X% share of total imports.

Among the main suppliers, Poland saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average footwear import price amounted to $X per pair, with an increase of X% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The import price peaked in 2018 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for footwear in the world?
+
The country with the largest volume of footwear consumption was China (5.2B pairs), comprising approx. 31% of total volume. Moreover, footwear consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1.8B pairs), threefold. The third position in this ranking was occupied by India (597M pairs), with a 3.5% share.
What are the largest producers of footwear in the world?
+
The country with the largest volume of footwear production was China (11B pairs), comprising approx. 66% of total volume. Moreover, footwear production in China exceeded the figures recorded by the second-largest producer, Viet Nam (762M pairs), more than tenfold. The third position in this ranking was occupied by India (639M pairs), with a 3.8% share.
What are the leading suppliers of footwear to Romania?
+
In value terms, the largest footwear suppliers to Romania were China ($28M), Poland ($26M) and Spain ($14M), with a combined 13% share of total imports.
What are the leading importers of footwear from Romania?
+
In value terms, Italy ($46M), Austria ($26M) and Germany ($20M) constituted the largest markets for footwear exported from Romania worldwide, with a combined 14% share of total exports. These countries were followed by France, Bulgaria, Denmark and Hungary, which together accounted for a further 3.3%.
What is the average export price for footwear in Romania?
+
The average footwear export price stood at $20 per pair in 2018, picking up by 2.1% against the previous year.
What is the average import price for footwear in Romania?
+
In 2018, the average footwear import price amounted to $11 per pair, picking up by 26% against the previous year.

Product coverage:
• Prodcom 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
• Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
• Prodcom 15201351 - Men
• Prodcom 15201352 - Women
• Prodcom 15201353 - Children
• Prodcom 15201361 - Men
• Prodcom 15201362 - Women
• Prodcom 15201363 - Children
• Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
• Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
• Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
• Prodcom 15201231 - Town footwear with rubber or plastic uppers
• Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
• Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

This report provides an in-depth analysis of the footwear market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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