EU: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in the EU

The EU footwear making machinery market reduced slightly to $X in 2022, declining by X% against the previous year. The total consumption indicated a noticeable expansion 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Footwear Making Machinery Production in the EU

In value terms, footwear making machinery production reduced slightly to $X in 2022 estimated in export price. The total production indicated a perceptible expansion 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Footwear Making Machinery Exports

Exports in the EU

In 2022, overseas shipments of machinery for making or repairing footwear increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, footwear making machinery exports rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy dominates exports structure, reaching X units, which was approx. X% of total exports in 2022. Germany (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%) and Romania (X%). The following exporters - the Czech Republic (X units) and France (X units) - each accounted for a X% share of total exports.

Exports from Italy decreased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), Germany (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest footwear making machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

In Italy, footwear making machinery exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

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

Footwear Making Machinery Imports

Imports in the EU

In 2022, purchases abroad of machinery for making or repairing footwear increased by X% to X units, rising for the second year in a row after three years of decline. Total imports indicated a pronounced expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, footwear making machinery imports expanded rapidly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy was the major importing country with an import of around X units, which reached X% of total imports. Romania (X units) held the second position in the ranking, followed by Portugal (X units), Spain (X units), Slovakia (X units) and Germany (X units). All these countries together took approx. X% share of total imports. France (X units) followed a long way behind the leaders.

Italy experienced a relatively flat trend pattern with regard to volume of imports of machinery for making or repairing footwear. At the same time, Portugal (X%), Slovakia (X%), France (X%), Spain (X%) and Romania (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. While the share of Portugal (X p.p.), Spain (X p.p.), Slovakia (X p.p.) and France (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Portugal ($X) and Spain ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, France, Slovakia and Germany lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 unit, falling by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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