Bangladesh: Leather Footwear Market 2022

Leather Footwear Market Size in Bangladesh

In 2017, the Bangladeshi leather footwear market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw prominent growth. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2013 to 2017, the growth of the market remained at a somewhat lower figure.

Leather Footwear Production in Bangladesh

In value terms, leather footwear production expanded modestly to $X in 2017 estimated in export prices. Overall, production, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2013 to 2017, production growth failed to regain the momentum.

Leather Footwear Exports

Exports from Bangladesh

For the fifth year in a row, Bangladesh recorded growth in overseas shipments of leather footwear, which increased by X% to X pairs in 2017. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Bangladesh exports peaked in 2017 and are expected to retain growth in the near future.

In value terms, leather footwear exports soared to $X in 2017. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2017 and are likely to continue growth in the near future.

Exports by Country

China represented the major exporter of leather footwear in the world, with the volume of exports finishing at X pairs, which was approx. X% of total exports in 2017. Vietnam (X pairs) occupied the second position in the ranking, followed by Italy (X pairs), India (X pairs) and Germany (X pairs). All these countries together held near X% share of total exports. The following exporters - 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) - together made up X% 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. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. 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.

Among 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 Bangladesh stood at $X per pair in 2017, approximately mirroring the previous year. In general, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price attained the peak level of $X per pair. from 2013 to 2017, the growth in terms of the export prices failed to regain the momentum.

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 Bangladesh

Leather footwear imports into Bangladesh soared to X pairs in 2017, increasing by X% against the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, leather footwear imports soared to $X in 2017. In general, imports saw significant growth. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Bangladesh imports peaked in 2017 and are expected to retain growth in years to come.

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 largest importers of leather footwear, together creating X% of total imports. The following importers - 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) - together made up X% of total imports.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

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

In the United States, leather footwear imports contracted 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

In 2017, the leather footwear import price in Bangladesh amounted to $X per pair, dropping by -X% against the previous year. In general, the import price saw a mild curtailment. The growth pace was the most rapid in 2015 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per pair. from 2016 to 2017, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2017, 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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