CIS: Footwear Market 2024

Footwear Market Size in CIS

In 2022, the CIS footwear market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Footwear Production in CIS

In value terms, footwear production fell to $X in 2022 estimated in export price. In general, production, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Footwear Exports

Exports in CIS

In 2022, the amount of footwear exported in the CIS rose rapidly to X pairs, increasing by X% against the year before. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, footwear exports shrank to $X in 2022. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Belarus (X pairs) and Uzbekistan (X pairs) were the major exporters of footwear in the CIS, together committing X% of total exports. Russia (X pairs) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Kyrgyzstan (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Russia ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. These countries were followed by Kyrgyzstan, which accounted for a further X%.

Kyrgyzstan, with a CAGR of X%, 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 2022, the export price in the CIS amounted to $X per pair, dropping by X% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per pair), while Uzbekistan ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Footwear Imports

Imports in CIS

In 2022, supplies from abroad of footwear increased by X% to X pairs, rising for the second consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked at X pairs in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, footwear imports expanded sharply to $X in 2022. Total imports indicated a slight increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia prevails in imports structure, amounting to X pairs, which was near X% of total imports in 2022. Kyrgyzstan (X pairs) took the second position in the ranking, followed by Azerbaijan (X pairs) and Kazakhstan (X pairs). All these countries together took near X% share of total imports. The following importers - Belarus (X pairs) and Armenia (X pairs) - each accounted for a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of footwear. At the same time, Azerbaijan (X%), Belarus (X%), Armenia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. Azerbaijan (X p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported footwear in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Russia, footwear imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per pair in 2022, picking up by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per pair in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per pair), while Azerbaijan ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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