Report Update Nov 1, 2024

Iraq - Footwear - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Iraq

In 2022, after three years of decline, there was significant growth in the Iraqi waterproof footwear market, when its value increased by 14% to $X. In general, consumption posted a resilient expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Waterproof Footwear Exports

Exports from Iraq

In 2022, shipments abroad of waterproof footwear increased by 37% to X pairs, rising for the third consecutive year after four years of decline. Overall, exports, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1,000%. The exports peaked at X pairs in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, waterproof footwear exports reduced to $X in 2022. Over the period under review, exports, however, faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 841%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X pairs) and Luxembourg (X pairs) were the main destinations of waterproof footwear exports from Iraq.

From 2013 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of 0.0%).

From 2013 to 2022, the average annual growth rate of value to Luxembourg was relatively modest.

Export Prices by Country

In 2022, the average waterproof footwear export price amounted to $X per pair, declining by -33.9% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 445% against the previous year. Over the period under review, the average export prices reached the maximum at $X per pair in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per pair), while the average price for exports to Turkey amounted to $X per pair.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-18.0%).

Waterproof Footwear Imports

Imports into Iraq

After three years of decline, overseas purchases of waterproof footwear increased by 12% to X pairs in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 218% against the previous year. Imports peaked at X pairs in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, waterproof footwear imports amounted to $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 293% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X pairs) constituted the largest waterproof footwear supplier to Iraq, accounting for a 90% share of total imports. Moreover, waterproof footwear imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X pairs), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and Iran (-5.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of waterproof footwear to Iraq, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.2% per year) and Iran (-3.9% per year).

Import Prices by Country

In 2022, the average waterproof footwear import price amounted to $X per pair, increasing by 2.1% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 24%. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for footwear in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 45% of global consumption.

What are the largest producers of footwear in the world?

China constituted the country with the largest volume of footwear production, comprising approx. 55% of total volume. Moreover, footwear production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. The third position in this ranking was occupied by Brazil, with a 4.8% share.

What are the leading suppliers of footwear to Iraq?

In value terms, China constituted the largest supplier of footwear to Iraq, comprising 66% of total imports. The second position in the ranking was occupied by Turkey, with a 15% share of total imports. It was followed by Iran, with a 13% share.

What are the leading importers of footwear from Iraq?

In value terms, Turkey, the Netherlands and Italy appeared to be the largest markets for footwear exported from Iraq worldwide, together accounting for 7.6% of total exports. These countries were followed by Slovenia, Nigeria, Sweden, Lithuania, Portugal, the UK and Hungary, which together accounted for a further 2.9%.

What is the average export price for footwear in Iraq?

The average footwear export price stood at $17 per pair in 2021, remaining constant against the previous year.

What is the average import price for footwear in Iraq?

In 2021, the average footwear import price amounted to $6.8 per pair, falling by -6.4% against the previous year.

This report provides an in-depth analysis of the waterproof footwear market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023