Australia and Oceania: Footwear Market 2024

Footwear Market Size in Australia and Oceania

In 2022, the footwear market in Australia and Oceania increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Footwear Production in Australia and Oceania

In value terms, footwear production declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Footwear Exports

Exports in Australia and Oceania

In 2022, shipments abroad of footwear decreased by X% to X pairs, falling for the fifth year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X pairs. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, footwear exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia represented the major exporter of footwear in Australia and Oceania, with the volume of exports accounting for X pairs, which was near X% of total exports in 2022. New Zealand (X pairs) ranks second in terms of the total exports with a X% share, followed by Fiji (X%).

Australia experienced a relatively flat trend pattern with regard to volume of exports of footwear. Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest footwear supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, footwear exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per pair, surging by X% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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

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

Footwear Imports

Imports in Australia and Oceania

In 2022, overseas purchases of footwear increased by X% to X pairs, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X pairs in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, footwear imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Australia was the largest importing country with an import of about X pairs, which resulted at X% of total imports. It was distantly followed by New Zealand (X pairs), comprising a X% share of total imports. Papua New Guinea (X pairs) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of footwear. Papua New Guinea experienced a relatively flat trend pattern. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported footwear in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per pair, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per pair), while Papua New Guinea ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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