Egypt: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Egypt

For the third consecutive year, the Egyptian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap recorded decline in sales value, which decreased by -19.6% to $X in 2021. Overall, consumption saw a significant curtailment. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Egypt

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X in 2021 estimated in export price. In general, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Egypt

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were exported from Egypt; rising by 410% compared with 2020 figures. In general, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sudan (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Egypt, with a 93% share of total exports. It was followed by Libya (X tons), with a 2.3% share of total exports. The third position in this ranking was held by Tunisia (X kg), with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sudan stood at +79.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+245.5% per year) and Tunisia (-33.4% per year).

In value terms, Sudan ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Egypt, comprising 94% of total exports. The second position in the ranking was taken by Libya ($X), with a 2.4% share of total exports. It was followed by Tunisia, with a 1% share.

From 2012 to 2021, the average annual growth rate of value to Sudan stood at +91.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+270.7% per year) and Tunisia (-10.1% per year).

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by +64.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Egypt

In 2021, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap into Egypt shrank to X tons, reducing by -3.4% on the previous year. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 173% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap declined to $X in 2021. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2015 with an increase of 167%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Vietnam (X tons) were the main suppliers of imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Egypt, with a combined 90% share of total imports. Brazil and Australia lagged somewhat behind, together accounting for a further 5.1%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +72.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Egypt, comprising 57% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 28% share of total imports. It was followed by Vietnam, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.9% per year) and Vietnam (+11.9% per year).

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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