Ethiopia: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Ethiopia

The Ethiopian market for footwear with uppers of textile materials declined to $X in 2022, reducing by -13.5% 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, consumption, however, recorded a moderate increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Ethiopia

In 2022, shipments abroad of footwear with uppers of textile materials was finally on the rise to reach X pairs after two years of decline. In general, exports enjoyed a noticeable expansion. The exports peaked at X pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of footwear with uppers of textile materials soared to $X in 2022. Over the period under review, exports enjoyed resilient growth. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X pairs) was the main destination for exports of footwear with uppers of textile materials from Ethiopia, accounting for a 71% share of total exports. Moreover, exports of footwear with uppers of textile materials to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X pairs), sixfold. The third position in this ranking was taken by Angola (X pairs), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +44.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-11.1% per year) and Angola (+25.1% per year).

In value terms, the United States ($X) remains the key foreign market for footwear with uppers of textile materials exports from Ethiopia, comprising 61% of total exports. The second position in the ranking was held by Kenya ($X), with a 15% share of total exports. It was followed by Hong Kong SAR, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+34.4% per year) and Hong Kong SAR (-14.2% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, dropping by -26.6% against the previous year. Overall, the export price, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 48%. As a result, the export price reached the peak level of $X per pair, and then fell markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per pair), while the average price for exports to Hong Kong SAR ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+21.9%), while the prices for the other major destinations experienced a decline.

Imports of Footwear with Uppers of Textile Materials

Imports into Ethiopia

In 2022, overseas purchases of footwear with uppers of textile materials were finally on the rise to reach X pairs for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a modest increase. The pace of growth was the most pronounced in 2014 when imports increased by 348% against the previous year. As a result, imports attained the peak of X pairs. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear with uppers of textile materials surged to $X in 2022. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 329%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of footwear with uppers of textile materials to Ethiopia, accounting for a 86% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), more than tenfold. The third position in this ranking was taken by Turkey (X pairs), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+12.1% per year) and Turkey (-2.8% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Ethiopia, comprising 88% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 4.7% share of total imports. It was followed by the United States, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.8% per year) and the United States (+12.2% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, shrinking by -4.9% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear with uppers of textile materials increased by +58.9% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per pair in 2021, and then reduced modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per pair) and the United States ($X per pair), while the price for Turkey ($X per pair) and Vietnam ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform