Colombia: Market for Footwear with Uppers of Textile Materials 2025

Market Size for Footwear with Uppers of Textile Materials in Colombia

The Colombian market for footwear with uppers of textile materials dropped dramatically to $X in 2022, reducing by -17% 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). Overall, consumption showed a noticeable reduction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Colombia

Exports of footwear with uppers of textile materials from Colombia declined markedly to X pairs in 2022, waning by -23.4% on 2021. Over the period under review, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. The exports peaked at X pairs in 2021, and then fell rapidly in the following year.

In value terms, exports of footwear with uppers of textile materials dropped significantly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 73%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Ecuador (X pairs), the United States (X pairs) and Chile (X pairs) were the main destinations of exports of footwear with uppers of textile materials from Colombia, with a combined 74% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +25.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear with uppers of textile materials exported from Colombia were the United States ($X), Ecuador ($X) and Panama ($X), together accounting for 69% of total exports.

The United States, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, growing by 9.5% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2013 an increase of 12%. The export price peaked at $X per pair in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per pair), while the average price for exports to Venezuela ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear with Uppers of Textile Materials

Imports into Colombia

In 2022, approx. X pairs of footwear with uppers of textile materials were imported into Colombia; reducing by -24.8% on the previous year's figure. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs at X pairs in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of footwear with uppers of textile materials shrank significantly to $X in 2022. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 96% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of footwear with uppers of textile materials to Colombia, accounting for a 46% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), twofold. Indonesia (X pairs) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+1.9% per year) and Indonesia (+11.4% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Colombia, comprising 57% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 21% share of total imports. It was followed by Indonesia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.7% per year) and Indonesia (+9.0% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, picking up by 13% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for Ecuador ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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