Croatia: Leather Footwear Market 2022

Leather Footwear Market Size in Croatia

The Croatian leather footwear market shrank significantly to $X in 2017, reducing by -X% against the previous year. Overall, consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Croatia consumption peaked at $X in 2008; however, from 2009 to 2017, consumption remained at a lower figure.

Leather Footwear Production in Croatia

In value terms, leather footwear production reduced modestly to $X in 2017 estimated in export prices. Over the period under review, production showed a noticeable curtailment. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2012 to 2017, production growth failed to regain the momentum.

Leather Footwear Exports

Exports from Croatia

In 2017, shipments abroad of leather footwear increased by X% to X pairs, rising for the fifth consecutive year after two years of decline. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2017 and are likely to see steady growth in the immediate term.

In value terms, leather footwear exports expanded sharply to $X in 2017. The total export value increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2017, China (X pairs) represented the largest exporter of leather footwear, achieving X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and India (X%). 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) took 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, the largest leather footwear supplying countries from Croatia were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Croatia stood at $X per pair in 2017, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Croatia export price peaked at $X per pair in 2011; however, from 2012 to 2017, export prices failed to regain the momentum.

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 Croatia

In 2017, purchases abroad of leather footwear increased by X% to X pairs, rising for the third consecutive year after three years of decline. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X pairs in 2007; however, from 2008 to 2017, imports stood at a somewhat lower figure.

In value terms, leather footwear imports reached $X in 2017. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Croatia imports peaked at $X in 2008; however, from 2009 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) were the major importers of leather footwear, together comprising X% of total imports. The following importers - 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) - together made up X% of total imports.

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

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Croatia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Croatia stood at $X per pair in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per pair in 2014; however, from 2015 to 2017, import prices failed to regain the momentum.

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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