Sudan: Leather Footwear Market 2022

Leather Footwear Market Size in Sudan

The Sudanese leather footwear market reduced notably to $X in 2017, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt contraction. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2014 to 2017, the growth of the market failed to regain the momentum.

Leather Footwear Exports

Exports from Sudan

In 2017, overseas shipments of leather footwear increased by X% to X pairs for the first time since 2014, thus ending a two-year declining trend. In general, exports enjoyed significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, leather footwear exports surged to $X in 2017. Overall, exports showed a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2017, China (X pairs) represented the key exporter of leather footwear, committing X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and India (X%). Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

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%), the Netherlands (+X%) and Portugal (+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. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Vietnam recorded the highest growth rate of 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 Sudan stood at $X per pair in 2017, picking up by X% against the previous year. Overall, export price indicated temperate growth from 2007 to 2017: 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 2017 figures, leather footwear export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2016 when the export price increased by X% year-to-year. Over the period under review, export prices attained the maximum in 2017 and is expected to retain growth in the near future.

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 Sudan

In 2017, approx. X pairs of leather footwear were imported into Sudan; waning by -X% compared with the year before. Overall, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of X pairs. from 2014 to 2017, the growth imports failed to regain the momentum.

In value terms, leather footwear imports reduced sharply to $X in 2017. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2014 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) represented the key importers of leather footwear, together comprising X% of total imports. The following importers - 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) - together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Sudan, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Sudan amounted to $X per pair, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; 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.

Source: IndexBox Platform

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