Indonesia: Leather Footwear Market 2022

Leather Footwear Market Size in Indonesia

The Indonesian leather footwear market was finally on the rise to reach $X in 2017, after three years of decline. Overall, the total consumption indicated mild growth from 2007 to 2017: its value decreased 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, consumption decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2012 to 2017, the growth of the market remained at a lower figure.

Leather Footwear Production in Indonesia

In value terms, leather footwear production rose significantly to $X in 2017 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2012 to 2017, production growth failed to regain the momentum.

Leather Footwear Exports

Exports from Indonesia

In 2017, shipments abroad of leather footwear decreased by -X% to X pairs for the first time since 2011, thus ending a five-year rising trend. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X pairs in 2008; however, from 2009 to 2017, exports remained at a lower figure.

In value terms, leather footwear exports expanded modestly to $X in 2017. In general, exports showed a mild decrease. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2009 to 2017, the growth exports failed to regain the momentum.

Exports by Country

China was the major exporting country with an export of around X pairs, which resulted at X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%), India (X%) and Germany (X%). The following exporters - Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs) and the Netherlands (X pairs) - together made up X% of total exports.

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%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Vietnam recorded the highest growth rate of the value of exports, in terms of 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 2017, the leather footwear export price in Indonesia amounted to $X per pair, surging by X% against the previous year. In general, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Indonesia export price peaked at $X per pair in 2015; however, from 2016 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 Indonesia

In 2017, purchases abroad of leather footwear decreased by -X% to X pairs for the first time since 2014, thus ending a two-year rising trend. Overall, imports, however, showed a notable increase. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X pairs in 2016, and then contracted in the following year.

In value terms, leather footwear imports stood at $X in 2017. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2017 and are expected to retain growth in the immediate term.

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) were the largest importers of leather footwear, together comprising 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 relatively small 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 ($X) constitutes the largest market for imported leather footwear into Indonesia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports shrank by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Indonesia amounted to $X per pair, almost unchanged from the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Indonesia import price peaked at $X per pair in 2015; however, from 2016 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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