Chile: Leather Footwear Market 2022

Leather Footwear Market Size in Chile

In 2017, after three years of decline, there was significant growth in the Chilean leather footwear market, when its value increased by X% to $X. Over the period under review, consumption recorded a strong increase. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2017, consumption failed to regain the momentum.

Leather Footwear Exports

Exports from Chile

In 2017, shipments abroad of leather footwear was finally on the rise to reach X pairs after two years of decline. Overall, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Chile exports peaked at X pairs in 2014; however, from 2015 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports rose rapidly to $X in 2017. Over the period under review, exports posted a perceptible increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

China was the major exporting country with an export of about X pairs, which amounted to X% of total exports. Vietnam (X pairs) took the second position in the ranking, followed by Italy (X pairs) and India (X pairs). All these countries together held near 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) held 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. Vietnam (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Indonesia and Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

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

Export Prices by Country

In 2017, the leather footwear export price in Chile amounted to $X per pair, reducing by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per pair in 2012; however, from 2013 to 2017, export prices stood 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 Chile

In 2017, purchases abroad of leather footwear was finally on the rise to reach X pairs after three years of decline. Over the period under review, total imports indicated a tangible expansion from 2007 to 2017: its volume 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. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Chile imports peaked at X pairs in 2013; however, from 2014 to 2017, imports failed to regain the momentum.

In value terms, leather footwear imports reached $X in 2017. In general, imports showed a strong increase. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Chile imports peaked at $X in 2013; however, from 2014 to 2017, imports failed to regain the momentum.

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) represented the main importers of leather footwear, together generating 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) occupied a relatively small share 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 ($X) constitutes the largest market for imported leather footwear into Chile, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the United States amounted to -X%. 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 Chile stood at $X per pair in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Chile import price peaked in 2017 and is likely to see gradual growth in the immediate term.

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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