Global Leather Footwear Market 2022

Leather Footwear Market Size

In 2017, after two years of decline, there was growth in the global leather footwear market, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2015 to 2017, the growth of the global market failed to regain the momentum.

Leather Footwear Production

In value terms, leather footwear production expanded sharply to $X in 2017 estimated in export prices. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2015 to 2017, global production growth remained at a lower figure.

Production By Country

China (X pairs) remains the largest leather footwear producing country worldwide, accounting for X% of total volume. Moreover, leather footwear production in China exceeded the figures recorded by the second-largest producer, India (X pairs), threefold. The third position in this ranking was occupied by Vietnam (X pairs), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume in China amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: India (-X% per year) and Vietnam (+X% per year).

Leather Footwear Exports

Exports

In 2017, shipments abroad of leather footwear increased by X% to X pairs, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, global exports reached the peak figure at X pairs in 2008; however, from 2009 to 2017, exports failed to regain the momentum.

In value terms, leather footwear exports rose markedly to $X in 2017. The total export value increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, global exports attained the peak figure at $X in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

China was the major exporting country with an export of around X pairs, which amounted to X% of total exports. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together achieving a X% share of total exports. 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, the largest leather footwear supplying countries worldwide were China ($X), Italy ($X) and Vietnam ($X), together comprising X% of global exports.

Among 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average leather footwear export price amounted to $X per pair, falling by -X% against the previous year. In general, export price indicated a perceptible increase 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 decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per pair. from 2015 to 2017, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 global leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports

In 2017, the amount of leather footwear imported worldwide declined to X pairs, waning by -X% against the year before. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at X pairs in 2007; however, from 2008 to 2017, imports failed to regain the momentum.

In value terms, leather footwear imports dropped modestly to $X in 2017. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, global imports reached the maximum at $X in 2014; however, from 2015 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 major importers of leather footwear, together creating 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) occupied a relatively small share of total imports.

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

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

From 2007 to 2017, the average annual rate of growth in terms of value in the United States amounted to -X%. 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 average leather footwear import price amounted to $X per pair, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. Global import price peaked at $X per pair in 2014; however, from 2015 to 2017, import prices failed to regain the momentum.

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 global leaders experienced more modest paces of growth.

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Source: IndexBox Platform

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