Denmark: Leather Footwear Market 2022

Leather Footwear Market Size in Denmark

In 2017, after two years of decline, there was growth in the Danish leather footwear market, when its value increased by X% to $X. Overall, consumption continues to indicate a noticeable descent. 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 2007; however, from 2008 to 2017, consumption stood at a somewhat lower figure.

Leather Footwear Production in Denmark

In value terms, leather footwear production dropped slightly to $X in 2017 estimated in export prices. In general, production faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the production volume decreased by -X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2017, production remained at a lower figure.

Leather Footwear Exports

Exports from Denmark

In 2017, shipments abroad of leather footwear increased by X% to X pairs, rising for the second year in a row after seven years of decline. In general, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Denmark exports peaked at X pairs in 2008; however, from 2009 to 2017, exports remained at a lower figure.

In value terms, leather footwear exports rose rapidly to $X in 2017. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2009 to 2017, the growth exports remained at a lower figure.

Exports by Country

China represented the major exporting country with an export of about X pairs, which recorded X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%), India (X%) and Germany (X%). 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) occupied a minor 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. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Vietnam saw the highest rates of growth with regard to the value of exports, among 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

The leather footwear export price in Denmark stood at $X per pair in 2017, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per pair. from 2011 to 2017, the growth in terms of the export prices remained at a lower figure.

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 Denmark

In 2017, approx. X pairs of leather footwear were imported into Denmark; rising by X% compared with 2016 figures. In general, imports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of X pairs. from 2010 to 2017, the growth imports failed to regain the momentum.

In value terms, leather footwear imports amounted to $X in 2017. Overall, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Denmark imports peaked at $X in 2008; however, from 2009 to 2017, imports remained at a lower figure.

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 constituting X% of total imports. 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) followed a long way behind the leaders.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2017, the average annual rate of growth in terms of value in the United States totaled -X%. 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 Denmark stood at $X per pair in 2017, remaining relatively unchanged against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per pair in 2014; however, from 2015 to 2017, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2017, 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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