Australia: Leather Footwear Market 2022

Leather Footwear Market Size in Australia

In 2017, the Australian leather footwear market increased by X% to $X for the first time since 2014, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2017 and is likely to see gradual growth in years to come.

Leather Footwear Exports

Exports from Australia

In 2017, shipments abroad of leather footwear was finally on the rise to reach X pairs for the first time since 2014, thus ending a two-year declining trend. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of X pairs. from 2015 to 2017, the growth exports remained at a lower figure.

In value terms, leather footwear exports soared to $X in 2017. Overall, exports recorded a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2017, China (X pairs) represented the largest exporter of leather footwear, mixing up X% of total exports. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together comprising a X% share of total exports. Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) took a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Australia stood at $X per pair in 2017, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per pair. from 2011 to 2017, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Australia

In 2017, the amount of leather footwear imported into Australia declined slightly to X pairs, which is down by -X% compared with 2016 figures. In general, imports saw a slight contraction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X pairs in 2008; however, from 2009 to 2017, imports failed to regain the momentum.

In value terms, leather footwear imports totaled $X in 2017. The total import value increased at an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Australia imports peaked in 2017 and are likely to see gradual growth in the near future.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the main importers of leather footwear, together constituting X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Australia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports declined by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Australia stood at $X per pair in 2017, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, import prices hit record highs in 2017 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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