Bahrain: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Bahrain

The Bahraini market for footwear with uppers of textile materials surged to $X in 2022, growing by 19% 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 enjoyed a strong expansion. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Footwear with Uppers of Textile Materials

Exports from Bahrain

In 2022, the amount of footwear with uppers of textile materials exported from Bahrain dropped dramatically to X pairs, falling by -32.9% on 2021. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 778%. As a result, the exports reached the peak of X pairs. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials reduced remarkably to $X in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 855%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Saudi Arabia (X pairs) was the main destination for exports of footwear with uppers of textile materials from Bahrain, with a 88% share of total exports. Moreover, exports of footwear with uppers of textile materials to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X pairs), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+22.8% per year) and Kuwait (+10.7% per year).

In value terms, the largest markets for footwear with uppers of textile materials exported from Bahrain were Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X), together comprising 84% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +46.6%, 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 average export price for footwear with uppers of textile materials stood at $X per pair in 2022, rising by 4% against the previous year. Overall, the export price recorded a tangible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58%. As a result, the export price reached the peak level of $X per pair. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per pair), while the average price for exports to Saudi Arabia ($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 United Arab Emirates (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear with Uppers of Textile Materials

Imports into Bahrain

In 2022, approx. X pairs of footwear with uppers of textile materials were imported into Bahrain; jumping by 18% compared with the previous year. In general, imports recorded resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 78% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of footwear with uppers of textile materials rose significantly to $X in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 83%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear with uppers of textile materials supplier to Bahrain, with a 90% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, India (X pairs), more than tenfold. Vietnam (X pairs) ranked third in terms of total imports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.9% per year) and Vietnam (+8.1% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Bahrain, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports. It was followed by India, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+31.3% per year) and India (+16.7% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, waning by -4.8% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear with uppers of textile materials decreased by -33.0% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per pair in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+21.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform