Australia: Athletic Footwear Market 2024

Athletic Footwear Market Size in Australia

The Australian athletic footwear market soared to $X in 2022, with an increase of 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded strong growth. Athletic footwear consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Athletic Footwear Exports

Exports from Australia

Athletic footwear exports from Australia surged to X pairs in 2022, with an increase of 26% compared with 2021. In general, exports recorded perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of X pairs. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, athletic footwear exports surged to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 82%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

New Caledonia (X pairs), New Zealand (X pairs) and Papua New Guinea (X pairs) were the main destinations of athletic footwear exports from Australia, with a combined 70% share of total exports. Singapore, the UK, Fiji, French Polynesia, the Netherlands, Timor-Leste, China and Samoa lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +61.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for athletic footwear exported from Australia were New Zealand ($X), New Caledonia ($X) and the Netherlands ($X), with a combined 64% share of total exports.

The Netherlands, with a CAGR of +89.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, surging by 44% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, athletic footwear export price increased by +76.6% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 50% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per pair), while the average price for exports to China ($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 the Netherlands (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Australia

Athletic footwear imports into Australia surged to X pairs in 2022, jumping by 34% against the previous year's figure. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +24.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, athletic footwear imports surged to $X in 2022. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 31%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Vietnam (X pairs) constituted the largest athletic footwear supplier to Australia, with a 53% share of total imports. Moreover, athletic footwear imports from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X pairs), twofold. China (X pairs) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Vietnam totaled +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+20.1% per year) and China (-10.2% per year).

In value terms, Vietnam ($X) constituted the largest supplier of athletic footwear to Australia, comprising 59% of total imports. The second position in the ranking was held by Indonesia ($X), with a 22% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+22.6% per year) and China (-5.2% per year).

Import Prices by Country

In 2022, the average athletic footwear import price amounted to $X per pair, declining by -2.9% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, athletic footwear import price increased by +59.9% against 2012 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 9% against the previous year. The import price peaked at $X per pair in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for Cambodia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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