Czech Republic: Footwear Treatments Market 2024

Footwear Treatments Market Size in the Czech Republic

The Czech footwear treatments market reduced sharply to $X in 2022, shrinking by -50.9% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Footwear Treatments Production in the Czech Republic

In value terms, footwear treatments production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Footwear Treatments Exports

Exports from the Czech Republic

In 2022, overseas shipments of polishes and creams for footwear or leather increased by 47% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, footwear treatments exports surged to $X in 2022. In general, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for footwear treatments exports from the Czech Republic, with a 62% share of total exports. Moreover, footwear treatments exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.3% per year) and Slovakia (-20.1% per year).

In value terms, Germany ($X) remains the key foreign market for polishes and creams for footwear or leather exports from the Czech Republic, comprising 55% of total exports. The second position in the ranking was taken by Poland ($X), with a 23% share of total exports. It was followed by Slovakia, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+17.3% per year) and Slovakia (-7.7% per year).

Export Prices by Country

In 2022, the average footwear treatments export price amounted to $X per ton, declining by -3% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into the Czech Republic

In 2022, supplies from abroad of polishes and creams for footwear or leather increased by 31% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, saw a deep setback. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, footwear treatments imports expanded markedly to $X in 2022. Over the period under review, imports, however, recorded a deep contraction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Poland (X tons) and China (X tons) were the main suppliers of footwear treatments imports to the Czech Republic, together accounting for 75% of total imports. Turkey, the UK, Austria and the United States lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +27.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear treatments suppliers to the Czech Republic were Germany ($X), Poland ($X) and China ($X), with a combined 63% share of total imports. Turkey, the UK, the United States and Austria lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, the UK, with a CAGR of +34.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average footwear treatments import price stood at $X per ton in 2022, falling by -15.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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