South Africa: Footwear Market 2023

Footwear Market Size in South Africa

In 2022, the South African footwear market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a mild contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Footwear Production in South Africa

In value terms, footwear production fell slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Footwear production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Footwear Exports

Exports from South Africa

In 2022, the amount of footwear exported from South Africa fell to X pairs, waning by X% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X pairs in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, footwear exports expanded remarkably to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Namibia (X pairs), Botswana (X pairs) and Lesotho (X pairs) were the main destinations of footwear exports from South Africa, together comprising X% of total exports. Swaziland, Zambia, Zimbabwe and Mozambique lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear exported from South Africa were Namibia ($X), Botswana ($X) and Lesotho ($X), with a combined X% share of total exports. Swaziland, Zambia, Mozambique and Zimbabwe lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Mozambique, 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 footwear export price amounted to $X per pair, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per pair), while the average price for exports to Swaziland ($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 Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Imports

Imports into South Africa

In 2022, approx. X pairs of footwear were imported into South Africa; flattening at the previous year's figure. In general, imports recorded a slight decline. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X pairs in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, footwear imports reached $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear supplier to South Africa, accounting for a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), more than tenfold.

From 2012 to 2022, 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: Vietnam (X% per year) and Lesotho (X% per year).

In value terms, China ($X) constituted the largest supplier of footwear to South Africa, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Lesotho (X% per year).

Import Prices by Country

The average footwear import price stood at $X per pair in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for Lesotho ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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