China: Leather Footwear Market 2022

Leather Footwear Market Size in China

In 2017, the Chinese leather footwear market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2017, consumption remained at a lower figure.

Leather Footwear Production in China

In value terms, leather footwear production shrank rapidly to $X in 2017 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2015 to 2017, production growth failed to regain the momentum.

Leather Footwear Exports

Exports from China

In 2017, shipments abroad of leather footwear increased by X% to X pairs, rising for the second year in a row after two years of decline. Overall, exports, however, showed a relatively flat trend pattern. China exports peaked at X pairs in 2008; however, from 2009 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports declined slightly to $X in 2017. In general, total exports indicated a slight increase from 2007 to 2017: its value decreased 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 2017 figures, exports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2017, exports failed to regain the momentum.

Exports by Country

In 2017, Vietnam (X pairs), followed by Italy (X pairs), India (X pairs), Germany (X pairs), Portugal (X pairs) and Belgium (X pairs) were the main exporters of leather footwear, together generating X% of total exports. Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs), Indonesia (X pairs), the UK (X pairs) and Turkey (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Vietnam ($X) and Germany ($X) appeared to be 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 China amounted to $X per pair, with a decrease of -X% against the previous year. In general, the export price, however, saw tangible growth. The pace of growth appeared the most rapid in 2014 when the export price increased by X% y-o-y. Over the period under review, export prices reached the peak figure at $X per pair in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per pair), while Turkey ($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 China

After seven years of growth, supplies from abroad of leather footwear decreased by -X% to X pairs in 2017. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. China imports peaked at X pairs in 2016, and then declined in the following year.

In value terms, leather footwear imports amounted to $X in 2017. In general, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. China 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) represented the key importers of leather footwear, together achieving X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), Spain (X pairs), Canada (X pairs) and Poland (X pairs) occupied a relatively small share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into China, comprising X% of global imports. The second position in the ranking was occupied by Germany ($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 stood at -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

In 2017, the leather footwear import price in China amounted to $X per pair, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per pair), while Poland ($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

Frequently Asked Questions (FAQ) :