South Africa: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in South Africa

In 2022, after seven years of decline, there was significant growth in the South African waterproof footwear market, when its value increased by X% to $X. In general, consumption, however, continues to indicate a abrupt shrinkage. Waterproof footwear consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Waterproof Footwear Production in South Africa

In value terms, waterproof footwear production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Waterproof Footwear Exports

Exports from South Africa

After two years of growth, overseas shipments of waterproof footwear decreased by X% to X pairs in 2022. Overall, total exports indicated a pronounced expansion 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. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at X pairs in 2021, and then shrank markedly in the following year.

In value terms, waterproof footwear exports shrank to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X pairs) was the main destination for waterproof footwear exports from South Africa, with a X% share of total exports. Moreover, waterproof footwear exports to Zimbabwe exceeded the volume sent to the second major destination, Botswana (X pairs), threefold. Lesotho (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Lesotho (X% per year).

In value terms, the largest markets for waterproof footwear exported from South Africa were Zimbabwe ($X), Botswana ($X) and Lesotho ($X), together accounting for X% of total exports.

Zimbabwe, with a CAGR of 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 more modest paces of growth.

Export Prices by Country

In 2022, the average waterproof footwear export price amounted to $X per pair, increasing by X% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. Over the period under review, the average export prices reached the maximum at $X per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per pair), while the average price for exports to Namibia ($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 mixed trend patterns.

Waterproof Footwear Imports

Imports into South Africa

In 2022, overseas purchases of waterproof footwear were finally on the rise to reach X pairs after four years of decline. Over the period under review, total imports indicated a buoyant increase 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. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, waterproof footwear imports surged to $X in 2022. Overall, imports posted tangible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X pairs) was the main waterproof footwear supplier to South Africa, with a X% share of total imports. It was followed by Vietnam (X pairs), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

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

Import Prices by Country

The average waterproof footwear import price stood at $X per pair in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices remained at a 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 Vietnam ($X per pair), while the price for China amounted to $X per pair.

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 a decline.

Source: IndexBox Platform

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