Iran: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Iran

After three years of growth, the Iranian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -5.9% to $X in 2021. Over the period under review, consumption showed a abrupt setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Iran

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap reduced to $X in 2021 estimated in export price. In general, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 21%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Iran

In 2021, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 32% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports posted a significant increase. The growth pace was the most rapid in 2015 when exports increased by 2,254% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose slightly to $X in 2021. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by 967%. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Azerbaijan (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Iran, with a 87% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Azerbaijan exceeded the volume sent to the second major destination, Georgia (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Azerbaijan amounted to +35.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+8.4% per year) and Oman (+52.9% per year).

In value terms, Azerbaijan ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Iran, comprising 77% of total exports. The second position in the ranking was held by Georgia ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Azerbaijan stood at +44.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-0.8% per year) and Oman (+61.0% per year).

Export Prices by Country

In 2021, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, declining by -20.6% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Iran

In 2021, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap into Iran shrank markedly to X tons, waning by -15% on 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 677%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded slightly to $X in 2021. Over the period under review, imports, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 622% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Iran, accounting for a 89% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +13.6%.

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Iran, comprising 86% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +20.1%.

Import Prices by Country

In 2021, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, rising by 21% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 28% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.7%).

Source: IndexBox Platform

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