Turkey: Leather Footwear Market 2022

Leather Footwear Market Size in Turkey

For the fourth year in a row, the Turkish leather footwear market recorded growth in sales value, which increased by X% to $X in 2017. In general, consumption, however, posted resilient growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Turkey consumption peaked in 2017 and is expected to retain growth in years to come.

Leather Footwear Production in Turkey

In value terms, leather footwear production expanded markedly to $X in 2017 estimated in export prices. Over the period under review, production recorded a strong increase. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level in 2017 and is expected to retain growth in the immediate term.

Leather Footwear Exports

Exports from Turkey

In 2017, approx. X pairs of leather footwear were exported from Turkey; rising by X% compared with the previous year. Overall, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Turkey exports peaked in 2017 and are expected to retain growth in the near future.

In value terms, leather footwear exports surged to $X in 2017. Over the period under review, total exports indicated a buoyant expansion from 2007 to 2017: 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. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Turkey exports peaked in 2017 and are expected to retain growth in the immediate term.

Exports by Country

China represented the main exporting country with an export of about X pairs, which finished at X% of total exports. Vietnam (X pairs) held the second position in the ranking, followed by Italy (X pairs), India (X pairs) and Germany (X pairs). All these countries together held approx. X% share of total exports. 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. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In terms of the main exporting countries, Vietnam recorded the highest growth rate of 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

The leather footwear export price in Turkey stood at $X per pair in 2017, rising by X% against the previous year. In general, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per pair. from 2013 to 2017, the growth in terms of the export prices remained at a lower figure.

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 Turkey

For the fourth year in a row, Turkey recorded decline in overseas purchases of leather footwear, which decreased by -X% to X pairs in 2017. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Turkey imports peaked at X pairs in 2013; however, from 2014 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports dropped to $X in 2017. In general, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

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 largest importers of leather footwear, together generating X% of total imports. 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) took a minor share of total imports.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

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

In the United States, leather footwear imports decreased 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

The leather footwear import price in Turkey stood at $X per pair in 2017, reducing by -X% against the previous year. In general, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2008 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per pair. from 2009 to 2017, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2017, 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.

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Source: IndexBox Platform

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