Greece: Leather Footwear Market 2022

Leather Footwear Market Size in Greece

In 2017, the Greek leather footwear market decreased by -X% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a abrupt descent. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2009 to 2017, the growth of the market failed to regain the momentum.

Leather Footwear Production in Greece

In value terms, leather footwear production declined to $X in 2017 estimated in export prices. In general, production continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2017, production remained at a lower figure.

Leather Footwear Exports

Exports from Greece

In 2017, shipments abroad of leather footwear increased by X% to X pairs, rising for the second consecutive year after two years of decline. In general, total exports indicated a pronounced expansion from 2007 to 2017: 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 2017 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of X pairs. from 2011 to 2017, the growth exports failed to regain the momentum.

In value terms, leather footwear exports surged to $X in 2017. Over the period under review, total exports indicated moderate growth from 2007 to 2017: 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 2017 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2009 to 2017, the growth exports failed to regain the momentum.

Exports by Country

China represented the key exporter of leather footwear in the world, with the volume of exports amounting to X pairs, which was approx. X% of total exports in 2017. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together committing a X% share of total exports. Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Among the main exporting countries, Vietnam recorded the highest growth rate of 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

The leather footwear export price in Greece stood at $X per pair in 2017, waning by -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Greece export price peaked at $X per pair in 2009; however, from 2010 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Greece

In 2017, purchases abroad of leather footwear increased by X% to X pairs for the first time since 2014, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of X pairs. from 2009 to 2017, the growth imports remained at a somewhat lower figure.

In value terms, leather footwear imports totaled $X in 2017. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2017, the growth imports remained at a lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) represented the largest importers of leather footwear, together committing X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) held a minor share of total imports.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Greece, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports declined by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Greece stood at $X per pair in 2017, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per pair in 2008; however, from 2009 to 2017, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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