Italy - Footwear with uppers of leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's August 2023 Export of Leather Footwear Dives 27% to $601M
Italy Leather Footwear Exports
Leather footwear exports from Italy reduced sharply to 5.4M pairs in August 2023, falling by -20.3% on the previous month's figure. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 with an increase of 27% m-o-m. Over the period under review, the exports hit record highs at 7.7M pairs in March 2023; however, from April 2023 to August 2023, the exports remained at a lower figure.
In value terms, leather footwear exports dropped rapidly to $601M (IndexBox estimates) in August 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 with an increase of 32% against the previous month. Over the period under review, the exports attained the maximum at 829M pairs in July 2023, and then declined remarkably in the following month.
COUNTRY | Export Value of Leather Footwear in Italy (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
France | 71.7 | 123 | 111 | 114 | 101 | 105 | 125 | 147 | 111 | 150 | 150 | 169 | 89.8 |
United States | 81.0 | 84.6 | 89.2 | 100 | 97.3 | 79.6 | 79.4 | 92.2 | 70.3 | 93.0 | 108 | 101 | 74.7 |
Germany | 55.1 | 62.1 | 48.7 | 50.9 | 48.8 | 66.5 | 66.3 | 66.6 | 43.2 | 56.3 | 63.1 | 76.2 | 55.2 |
Switzerland | 62.1 | 110 | 111 | 116 | 116 | 125 | 112 | 105 | 85.3 | 118 | 91.9 | 86.2 | 39.1 |
Spain | 19.5 | 23.4 | 17.9 | 16.0 | 15.6 | 18.2 | 21.8 | 24.4 | 14.3 | 17.2 | 21.8 | 26.0 | 26.7 |
Russia | 11.8 | 17.8 | 16.0 | 17.0 | 17.3 | 19.6 | 22.6 | 24.7 | 14.4 | 16.9 | 17.5 | 21.3 | 19.0 |
Netherlands | 14.4 | 22.8 | 16.7 | 18.8 | 20.3 | 24.6 | 22.0 | 22.9 | 18.3 | 24.2 | 25.2 | 29.1 | 17.8 |
Others | 231 | 259 | 236 | 245 | 237 | 246 | 278 | 323 | 213 | 276 | 297 | 320 | 279 |
Total | 547 | 703 | 646 | 679 | 654 | 684 | 726 | 806 | 569 | 752 | 775 | 829 | 601 |
Exports by Country
France (813K pairs), Germany (649K pairs) and the United States (527K pairs) were the main destinations of leather footwear exports from Italy, with a combined 37% share of total exports. These countries were followed by Spain, Switzerland, Russia and the Netherlands, which together accounted for a further 17%.
From August 2022 to August 2023, the biggest increases were in Russia (with a CAGR of +2.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, France ($90M), the United States ($75M) and Germany ($55M) constituted the largest markets for leather footwear exported from Italy worldwide, with a combined 37% share of total exports. Switzerland, Spain, Russia and the Netherlands lagged somewhat behind, together comprising a further 17%.
Russia, with a CAGR of +4.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports by Type
Footwear, sole rubber, plastics uppers of leather, nes (2.9M pairs), boots, sole rubber or plastic upper leather, nes (1.7M pairs) and footwear, outer soles and uppers of leather, nes (593K pairs) were the main products of leather footwear exports from Italy, together accounting for 96% of total exports. These products were followed by footwear, soles, uppers of leather, over ankle, nes and footwear, nes, uppers leather, which together accounted for a further 4.3%.
From August 2022 to August 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by footwear; n.e.s. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather (with a CAGR of -0.3%), while the other products experienced a decline.
In value terms, the most traded types of leather footwear in Italy were footwear, sole rubber, plastics uppers of leather, nes ($283M), boots, sole rubber or plastic upper leather, nes ($143M) and footwear, outer soles and uppers of leather, nes ($123M), together accounting for 91% of total exports. These products were followed by footwear, soles, uppers of leather, over ankle, nes and footwear, nes, uppers leather, which together accounted for a further 8.6%.
Among the main product categories, footwear; n.e.s. in heading no. 6403, (not covering the ankle), outer soles and uppers of leather, with a CAGR of +1.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
Export Prices by Country
In August 2023, the leather footwear price stood at $112 per pair (FOB, Italy), declining by -8.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 13% month-to-month. The export price peaked at $132 per pair in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($216 per pair), while the average price for exports to the Czech Republic ($46.3 per pair) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the leather footwear market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
- Prodcom 15201351 - Men
- Prodcom 15201352 - Women
- Prodcom 15201353 - Children
- Prodcom 15201361 - Men
- Prodcom 15201362 - Women
- Prodcom 15201363 - Children
- Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
- Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023