Greece: Leather Footwear Market 2025

Leather Footwear Market Size in Greece

In 2021, the Greek leather footwear market decreased by -5.7% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a mild shrinkage. Leather footwear consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Leather Footwear Production in Greece

In value terms, leather footwear production surged to $X in 2021 estimated in export price. In general, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by 39% against the previous year. Leather footwear production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Leather Footwear Exports

Exports from Greece

In 2021, shipments abroad of leather footwear decreased by -4.8% to X tons, falling for the second year in a row after four years of growth. In general, total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -22.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 28%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, leather footwear exports expanded rapidly to $X in 2021. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 30% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Cyprus (X tons) and Spain (X tons) were the main destinations of leather footwear exports from Greece, with a combined 61% share of total exports. Romania, Poland, the Czech Republic, France, Germany, Bulgaria, Croatia, the United States, the UK and Slovenia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +24.7%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Italy ($X) and Poland ($X) appeared to be the largest markets for leather footwear exported from Greece worldwide, with a combined 49% share of total exports. These countries were followed by Spain, Romania, Croatia, the United States, Germany, France, the UK, Bulgaria, Slovenia and the Czech Republic, which together accounted for a further 36%.

Among the main countries of destination, the United States, with a CAGR of +36.8%, saw 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

In 2021, the average leather footwear export price amounted to $X per kg, growing by 20% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to the Czech Republic ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Greece

In 2021, the amount of leather footwear imported into Greece contracted markedly to X tons, with a decrease of -30.7% on the previous year. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. Imports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, leather footwear imports rose notably to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 15% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of leather footwear imports to Greece, together comprising 50% of total imports. These countries were followed by the Netherlands, Spain, China, Poland, France, Turkey, Vietnam, Indonesia, India and Bulgaria, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +66.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest leather footwear suppliers to Greece were Italy ($X), Belgium ($X) and Poland ($X), together accounting for 51% of total imports.

Poland, with a CAGR of +104.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average leather footwear import price amounted to $X per kg, jumping by 61% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. 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 origin: amid the top importers, the country with the highest price was Poland ($X per kg), while the price for Indonesia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform