Canada: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Canada

The Canadian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap totaled $X in 2021, picking up by 15% 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, however, recorded a perceptible contraction. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Canada

For the third year in a row, Canada recorded decline in shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, which decreased by -3.1% to X tons in 2021. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 12%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2021. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 30%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Canada, accounting for a 85% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the United States exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -17.5%.

In value terms, the United States ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Canada, comprising 86% of total exports. The second position in the ranking was held by Australia ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -14.9%.

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, growing by 22% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.2%).

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Canada

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were imported into Canada; growing by 14% on 2020. Overall, imports, however, continue to indicate a noticeable slump. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose significantly to $X in 2021. In general, imports, however, saw a pronounced reduction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier to Canada, accounting for a 58% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Cambodia (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.2% per year) and Cambodia (+13.0% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Canada, comprising 58% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 19% share of total imports. It was followed by Cambodia, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.2% per year) and Cambodia (+15.3% per year).

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 10%. The import price peaked at $X per ton in 2020, and then contracted slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Cambodia ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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