Canada: Footwear Market 2025

Footwear Market Size in Canada

The Canadian footwear market skyrocketed to $X in 2022, growing by X% against the previous year. The market 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Footwear Production in Canada

In value terms, footwear production shrank to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Footwear production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Footwear Exports

Exports from Canada

In 2022, shipments abroad of footwear increased by X% to X pairs, rising for the second year in a row after two years of decline. In general, exports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, footwear exports rose rapidly to $X in 2022. Over the period under review, exports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X pairs) was the main destination for footwear exports from Canada, accounting for a X% share of total exports. It was followed by the United Arab Emirates (X pairs), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for footwear exports from Canada, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

In 2022, the average footwear export price amounted to $X per pair, declining by X% against the previous year. In general, the export price recorded a noticeable setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 the United States amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Footwear Imports

Imports into Canada

In 2022, supplies from abroad of footwear increased by X% to X pairs, rising for the second year in a row after three years of decline. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at X pairs in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, footwear imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear supplier to Canada, accounting for a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), threefold. Cambodia (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Cambodia (X% per year).

In value terms, the largest footwear suppliers to Canada were China ($X), Vietnam ($X) and Cambodia ($X), together accounting for X% of total imports.

In terms of the main suppliers, Cambodia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average footwear import price stood at $X per pair in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per pair), while the price for China ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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