GCC: Footwear Making Machinery Market 2025

Footwear Making Machinery Market Size in GCC

The GCC footwear making machinery market declined remarkably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a noticeable decline. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Footwear Making Machinery Production in GCC

In value terms, footwear making machinery production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Footwear Making Machinery Exports

Exports in GCC

For the third year in a row, GCC recorded decline in shipments abroad of machinery for making or repairing footwear, which decreased by X% to X units in 2022. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, footwear making machinery exports shrank rapidly to $X in 2022. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from the United Arab Emirates (X units), together finishing at X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the machinery for making or repairing footwear exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest footwear making machinery supplier in GCC.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Footwear Making Machinery Imports

Imports in GCC

In 2022, purchases abroad of machinery for making or repairing footwear decreased by X% to X units, falling for the second year in a row after four years of growth. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, footwear making machinery imports shrank notably to $X in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. The following importers - Bahrain (X units), Kuwait (X units), Oman (X units) and Qatar (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to footwear making machinery imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Oman (X%) and Kuwait (X%) illustrated a downward trend over the same period. Bahrain (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported machinery for making or repairing footwear in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with an X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, footwear making machinery imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform