Africa: Footwear Treatments Market 2024

Footwear Treatments Market Size in Africa

The African footwear treatments market reduced notably to $X in 2022, waning by -15.4% against the previous year. Over the period under review, consumption continues to indicate a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Footwear Treatments Production in Africa

In value terms, footwear treatments production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Footwear Treatments Exports

Exports in Africa

In 2022, overseas shipments of polishes and creams for footwear or leather increased by 25% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 52%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, footwear treatments exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa represented the largest exporting country with an export of around X tons, which reached 68% of total exports. Kenya (X tons) took a 24% share (based on physical terms) of total exports, which put it in second place, followed by Rwanda (5.4%).

From 2012 to 2022, average annual rates of growth with regard to footwear treatments exports from South Africa stood at +1.7%. At the same time, Rwanda (+91.1%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of +91.1% from 2012-2022. By contrast, Kenya (-2.0%) illustrated a downward trend over the same period. Rwanda (+5.3 p.p.) and South Africa (+4.6 p.p.) significantly strengthened its position in terms of the total exports, while Kenya saw its share reduced by -8.5% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest footwear treatments supplier in Africa, comprising 74% of total exports. The second position in the ranking was taken by Kenya ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +2.5%. In the other countries, the average annual rates were as follows: Kenya (-4.5% per year) and Rwanda (+116.9% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by 1.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 13%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+13.6%), while the other leaders experienced mixed trends in the export price figures.

Footwear Treatments Imports

Imports in Africa

In 2022, the amount of polishes and creams for footwear or leather imported in Africa declined to X tons, reducing by -4.4% on the previous year. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, footwear treatments imports fell to $X in 2022. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 25%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria (X tons), Ghana (X tons), Egypt (X tons), South Africa (X tons), Zimbabwe (X tons), Democratic Republic of the Congo (X tons), Algeria (X tons), Rwanda (X tons), Morocco (X tons), Tanzania (X tons), Ethiopia (X tons) and Zambia (X tons) represented roughly 72% of total imports in 2022. Botswana (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +7.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments importing markets in Africa were Ghana ($X), Nigeria ($X) and Botswana ($X), with a combined 24% share of total imports. Egypt, South Africa, Ethiopia, Morocco, Zambia, Zimbabwe, Algeria, Rwanda, Democratic Republic of the Congo and Tanzania lagged somewhat behind, together accounting for a further 47%.

In terms of the main importing countries, Morocco, with a CAGR of +7.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, declining by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2014 when the import price increased by 31%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Botswana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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