Egypt: Athletic Footwear Market 2024

Athletic Footwear Market Size in Egypt

In 2022, the Egyptian athletic footwear market decreased by -6.4% to $X, falling for the fourth year in a row after three years of growth. In general, consumption recorded a perceptible downturn. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Athletic Footwear Production in Egypt

In value terms, athletic footwear production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, 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 14%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Athletic Footwear Exports

Exports from Egypt

In 2022, the amount of athletic footwear exported from Egypt fell notably to X pairs, which is down by -25.1% compared with the year before. Overall, exports, however, posted temperate growth. The most prominent rate of growth was recorded in 2019 with an increase of 772% against the previous year. As a result, the exports reached the peak of X pairs. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, athletic footwear exports surged to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sudan (X pairs) was the main destination for athletic footwear exports from Egypt, with a 58% share of total exports. Moreover, athletic footwear exports to Sudan exceeded the volume sent to the second major destination, Libya (X pairs), twofold. Turkey (X pairs) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan stood at +54,400.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (0.0% per year) and Turkey (0.0% per year).

In value terms, Sudan ($X) emerged as the key foreign market for athletic footwear exports from Egypt, comprising 58% of total exports. The second position in the ranking was held by Libya ($X), with a 27% share of total exports. It was followed by Turkey, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value to Sudan totaled +49,731.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (0.0% per year) and Turkey (0.0% per year).

Export Prices by Country

In 2022, the average athletic footwear export price amounted to $X per pair, increasing by 716% against the previous year. Over the period under review, the export price enjoyed noticeable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per pair) and Libya ($X per pair), while the average price for exports to Lebanon ($X per pair) and Cyprus ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+104.2%), while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Egypt

In 2022, overseas purchases of athletic footwear decreased by -62.7% to X pairs, falling for the fourth year in a row after four years of growth. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at X pairs in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, athletic footwear imports contracted dramatically to $X in 2022. Overall, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2015 with an increase of 42% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X pairs), China (X pairs) and Indonesia (X pairs) were the main suppliers of athletic footwear imports to Egypt, with a combined 86% share of total imports. Italy, India, Portugal, Germany and the United States lagged somewhat behind, together comprising a further 9.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +4.3%), while imports for the other leaders experienced a decline.

In value terms, the largest athletic footwear suppliers to Egypt were Vietnam ($X), China ($X) and Indonesia ($X), with a combined 86% share of total imports. Italy, India, Portugal, Germany and the United States lagged somewhat behind, together accounting for a further 9.4%.

Among the main suppliers, India, with a CAGR of +8.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average athletic footwear import price stood at $X per pair in 2022, dropping by -10.6% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, athletic footwear import price increased by +80.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per pair) and Portugal ($X per pair), while the price for Germany ($X per pair) and Italy ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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