Argentina: Footwear Market 2025

Footwear Market Size in Argentina

In 2022, the Argentinian footwear market increased by X% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2022: 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Footwear Production in Argentina

In value terms, footwear production declined slightly to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Footwear Exports

Exports from Argentina

Footwear exports from Argentina contracted slightly to X pairs in 2022, with a decrease of X% compared with the previous year's figure. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, footwear exports expanded markedly to $X in 2022. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X pairs) was the main destination for footwear exports from Argentina, accounting for a X% share of total exports. Moreover, footwear exports to Uruguay exceeded the volume sent to the second major destination, Chile (X pairs), twofold. The third position in this ranking was held by the United States (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and the United States (X% per year).

In value terms, the largest markets for footwear exported from Argentina were Chile ($X), Uruguay ($X) and the United States ($X), together comprising X% of total exports.

Among the main countries of destination, Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average footwear export price amounted to $X per pair, with an increase of X% against the previous year. In general, the export price, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per pair), while the average price for exports to Uruguay ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Imports

Imports into Argentina

In 2022, supplies from abroad of footwear increased by X% to X pairs, rising for the second year in a row after two years of decline. In general, total imports indicated a strong increase from 2012 to 2022: its volume 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 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, footwear imports soared to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X pairs) constituted the largest footwear supplier to Argentina, accounting for a X% share of total imports. Moreover, footwear imports from Brazil exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), threefold. The third position in this ranking was held by Indonesia (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Indonesia (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of footwear to Argentina, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average footwear import price amounted to $X per pair, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The import price peaked at $X per pair in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for Indonesia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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