EU: Leather Footwear Market 2024

Leather Footwear Market Size in the EU

The EU leather footwear market rose sharply to $X in 2021, increasing by 11% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Leather Footwear Production in the EU

In value terms, leather footwear production stood at $X in 2021 estimated in export price. In general, production, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.5%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Leather Footwear Exports

Exports in the EU

In 2021, after two years of decline, there was significant growth in shipments abroad of leather footwear, when their volume increased by 6% to X tons. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 6.4% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, leather footwear exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Belgium (X tons) and Germany (X tons) represented roughly 48% of total exports in 2021. Portugal (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (9.3%), Spain (6.6%), Poland (6.3%) and France (5%).

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +12.8%), while shipments for 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 2021, together comprising 54% of total exports. France, the Netherlands, Portugal, Spain and Poland lagged somewhat behind, together comprising a further 34%.

Poland, with a CAGR of +15.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per kg in 2021, with an increase of 5.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the export price increased by 6.3% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports in the EU

In 2021, imports of leather footwear in the European Union was estimated at X tons, standing approx. at the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 5.5%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, leather footwear imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons), France (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons) and Spain (X tons) represented roughly 83% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 50% share of total imports. These countries were followed by Italy, Belgium, Poland and Spain, which together accounted for a further 31%.

Among the main importing countries, Poland, with a CAGR of +13.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per kg in 2021, increasing by 7.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform