Asia-Pacific: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2025

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Asia-Pacific

In 2021, the Asia-Pacific market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -1.9% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Asia-Pacific

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 10%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports in Asia-Pacific

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were exported in Asia-Pacific; picking up by 19% against the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 113%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China dominates toe-cap structure, recording X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Vietnam (X tons), mixing up a 5.2% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap. Vietnam experienced a relatively flat trend pattern. While the share of China (-2.3 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier in Asia-Pacific, comprising 82% of total exports. The second position in the ranking was held by Vietnam ($X), with a 9.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +2.8%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, increasing by 5.8% against the previous year. In general, the export price showed a pronounced expansion. The growth pace was the most rapid in 2016 when the export price increased by 90%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%).

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports in Asia-Pacific

Imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose remarkably to X tons in 2021, surging by 12% against the previous year's figure. In general, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 19%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X tons), distantly followed by South Korea (X tons), Indonesia (X tons), Thailand (X tons), China (X tons) and Australia (X tons) were the key importers of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, together constituting 78% of total imports. Hong Kong SAR (X tons), Malaysia (X tons), India (X tons), Taiwan (Chinese) (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand (with a CAGR of +28.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap importing markets in Asia-Pacific were Japan ($X), South Korea ($X) and China ($X), with a combined 61% share of total imports. Australia, Hong Kong SAR, India, Malaysia, Indonesia, Taiwan (Chinese), Thailand and Bangladesh lagged somewhat behind, together comprising a further 31%.

Bangladesh, with a CAGR of +25.8%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2021, the import price in Asia-Pacific amounted to $X per ton, falling by -2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 an increase of 18%. Over the period under review, import prices attained the peak figure at $X per ton in 2020, and then declined slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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