Africa: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Africa

The African waterproof footwear market fell to $X in 2022, waning by -7% against the previous year. Overall, consumption continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 6.4%. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Waterproof Footwear Production in Africa

In value terms, waterproof footwear production dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a noticeable descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 7.1%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Waterproof Footwear Exports

Exports in Africa

After four years of decline, overseas shipments of waterproof footwear increased by 28% to X pairs in 2022. Overall, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 45% against the previous year. The volume of export peaked at X pairs in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, waterproof footwear exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of 61% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X pairs) and Morocco (X pairs) represented roughly 75% of total exports in 2022. It was distantly followed by Kenya (X pairs), mixing up an 18% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +3.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest waterproof footwear supplying countries in Africa were Morocco ($X), South Africa ($X) and Kenya ($X), together accounting for 93% of total exports.

Morocco, with a CAGR of +2.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per pair, shrinking by -8.3% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waterproof footwear export price increased by +79.7% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by 30% against the previous year. The level of export peaked at $X per pair in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per pair), while South Africa ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+5.0%), while the other leaders experienced mixed trends in the export price figures.

Waterproof Footwear Imports

Imports in Africa

In 2022, overseas purchases of waterproof footwear increased by 2.4% to X pairs, rising for the second consecutive year after three years of decline. In general, imports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The volume of import peaked at X pairs in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, waterproof footwear imports dropped slightly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X pairs) and Ghana (X pairs) were the key importers of waterproof footwear in 2022, resulting at approx. 20% and 16% of total imports, respectively. It was distantly followed by Uganda (X pairs), Zimbabwe (X pairs) and Lesotho (X pairs), together mixing up a 23% share of total imports. Mauritania (X pairs), Somalia (X pairs), Cameroon (X pairs), Tanzania (X pairs), Guinea (X pairs), Democratic Republic of the Congo (X pairs), Rwanda (X pairs) and Algeria (X pairs) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Somalia (with a CAGR of +51.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), South Africa ($X) and Mauritania ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 38% of total imports. Zimbabwe, Cameroon, Lesotho, Uganda, Rwanda, Algeria, Democratic Republic of the Congo, Tanzania, Guinea and Somalia lagged somewhat behind, together comprising a further 33%.

Somalia, with a CAGR of +25.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 pair 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 +1.2%. The growth pace was the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, import prices attained the peak figure at $X per pair in 2021, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+13.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :