EU: Footwear Treatments Market 2024

Footwear Treatments Market Size in the EU

In 2022, after three years of decline, there was significant growth in the EU footwear treatments market, when its value increased by 76% to $X. In general, consumption, however, continues to indicate a slight contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Footwear Treatments Production in the EU

In value terms, footwear treatments production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable slump. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Footwear Treatments Exports

Exports in the EU

In 2022, overseas shipments of polishes and creams for footwear or leather increased by 12% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, footwear treatments exports expanded rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the nine major exporters of polishes and creams for footwear or leather, namely Germany, Spain, Poland, Italy, Bulgaria, Austria, the Netherlands, France and the Czech Republic, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +19.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and France ($X) were the countries with the highest levels of exports in 2022, together comprising 40% of total exports. Austria, Spain, the Netherlands, Italy, Bulgaria and the Czech Republic lagged somewhat behind, together comprising a further 46%.

Bulgaria, with a CAGR of +24.8%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in the European Union amounted to $X per ton, falling by -5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the export price increased by 9.7%. The level of export peaked at $X per ton in 2021, and then declined 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 France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.2%), while the other leaders experienced more modest paces of growth.

Footwear Treatments Imports

Imports in the EU

In 2022, approx. X tons of polishes and creams for footwear or leather were imported in the European Union; increasing by 20% compared with the previous year's figure. Over the period under review, imports, however, showed a pronounced slump. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, footwear treatments imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the five major importers of polishes and creams for footwear or leather, namely Germany, Bulgaria, Poland, France and the Netherlands, represented more than half of total import. It was distantly followed by Portugal (X tons), mixing up a 4.7% share of total imports. The following importers - Belgium (X tons), Romania (X tons), Italy (X tons), Austria (X tons), Spain (X tons), the Czech Republic (X tons) and Sweden (X tons) - together made up 24% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of +33.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Germany ($X), Bulgaria ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined 40% share of total imports.

Among the main importing countries, Bulgaria, with a CAGR of +33.6%, recorded 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

In 2022, the import price in the European Union amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2020 an increase of 11% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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