EU: Footwear Market 2024

Footwear Market Size in the EU

The EU footwear market surged to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Footwear Production in the EU

In value terms, footwear production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Footwear Exports

Exports in the EU

Footwear exports soared to X pairs in 2022, with an increase of X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, footwear exports rose sharply to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Germany (X pairs), followed by Belgium (X pairs), the Netherlands (X pairs), Italy (X pairs), Spain (X pairs), France (X pairs) and Poland (X pairs) were the key exporters of footwear, together mixing up X% of total exports. The following exporters - Portugal (X pairs), Greece (X pairs), the Czech Republic (X pairs), Slovakia (X pairs) and Romania (X pairs) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. The Netherlands, France, Spain, Poland, Portugal, Slovakia, the Czech Republic, Romania and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per pair, dropping by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per pair, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per pair), while Greece ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Footwear Imports

Imports in the EU

In 2022, approx. X pairs of footwear were imported in the European Union; growing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, footwear imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X pairs), followed by France (X pairs), the Netherlands (X pairs), Italy (X pairs), Belgium (X pairs), Spain (X pairs) and Poland (X pairs) represented the main importers of footwear, together constituting X% of total imports. Greece (X pairs), the Czech Republic (X pairs), Austria (X pairs), Slovakia (X pairs), Romania (X pairs) and Hungary (X pairs) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest footwear importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), together accounting for X% of total imports. The Netherlands, Belgium, Spain, Poland, Austria, the Czech Republic, Slovakia, Romania, Greece and Hungary lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per pair, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per pair in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per pair), while Greece ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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