Report Update Nov 1, 2024

Egypt - Polishes and Creams for Footwear or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Footwear Treatments Market 2024

Footwear Treatments Market Size in Egypt

The Egyptian footwear treatments market skyrocketed to $X in 2022, with an increase of 40% 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, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +122.1% against 2020 indices. Footwear treatments consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Footwear Treatments Exports

Exports from Egypt

In 2022, overseas shipments of polishes and creams for footwear or leather decreased by -77.6% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 437%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, footwear treatments exports reached $X in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by 715% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for footwear treatments exports from Egypt, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Kuwait stood at -5.9%.

In value terms, Kuwait ($X) emerged as the key foreign market for polishes and creams for footwear or leather exports from Egypt.

From 2012 to 2022, the average annual growth rate of value to Kuwait stood at +4.1%.

Export Prices by Country

In 2022, the average footwear treatments export price amounted to $X per ton, jumping by 357% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +83.2% per year.

Footwear Treatments Imports

Imports into Egypt

In 2022, the amount of polishes and creams for footwear or leather imported into Egypt soared to X tons, jumping by 57% against the previous year's figure. In general, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2018 when imports increased by 94%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, footwear treatments imports skyrocketed to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of footwear treatments to Egypt, with a 98% share of total imports. It was followed by Italy (X tons), with a 1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-13.2% per year) and China (-25.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of polishes and creams for footwear or leather to Egypt, comprising 94% of total imports. The second position in the ranking was held by Italy ($X), with a 3.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.0% per year) and China (-26.2% per year).

Import Prices by Country

The average footwear treatments import price stood at $X per ton in 2022, which is down by -22.1% against the previous year. Overall, the import price, however, recorded tangible growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polishes and creams for footwear or leather in the world?

China remains the largest footwear treatments consuming country worldwide, accounting for 27% of total volume. Moreover, footwear treatments consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of polishes and creams for footwear or leather in the world?

China remains the largest footwear treatments producing country worldwide, accounting for 32% of total volume. Moreover, footwear treatments production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of polishes and creams for footwear or leather to Egypt?

In value terms, Turkey constituted the largest supplier of footwear treatments to Egypt, comprising 67% of total imports. The second position in the ranking was occupied by Spain, with a 12% share of total imports. It was followed by Italy, with an 8.3% share.

What is the average export price for polishes and creams for footwear or leather in Egypt?

The average footwear treatments export price stood at $9,358 per ton in 2021, picking up by 579% against the previous year.

What is the average import price for polishes and creams for footwear or leather in Egypt?

The average footwear treatments import price stood at $3,252 per ton in 2021, rising by 11% against the previous year.

This report provides an in-depth analysis of the footwear treatments market in Egypt. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20414330 - Polishes, creams and similar preparations, for footwear or leather (excluding artificial and prepared waxes)

Country coverage:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023