Report Update Nov 1, 2024

Iraq - Footwear with uppers of leather - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Leather Footwear Market 2024

Leather Footwear Market Size in Iraq

In 2021, the Iraqi leather footwear market decreased by -10.6% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, posted a strong expansion. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Leather Footwear Production in Iraq

In value terms, leather footwear production reduced slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 3.6% against the previous year. Leather footwear production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Leather Footwear Exports

Exports from Iraq

In 2021, overseas shipments of leather footwear increased by 971% to X tons, rising for the second consecutive year after four years of decline. In general, exports saw prominent growth. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, leather footwear exports soared to $X in 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), Turkey (X kg) and the UK (X kg) were the main destinations of leather footwear exports from Iraq, with a combined 66% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +37.2%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Turkey ($X) and the UK ($X) constituted the largest markets for leather footwear exported from Iraq worldwide, together accounting for 51% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +58.0%, 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

In 2021, the average leather footwear export price amounted to $X per kg, declining by -6% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 169%. As a result, the export price reached the peak level of $X per kg. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per kg), while the average price for exports to the UK ($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 the United Arab Emirates (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Iraq

In 2021, overseas purchases of leather footwear decreased by -8.8% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2015 with an increase of 106% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, leather footwear imports fell to $X in 2021. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 88%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

China (X tons), Turkey (X tons) and the United States (X tons) were the main suppliers of leather footwear imports to Iraq, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +44.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of leather footwear to Iraq, comprising 84% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.9% share of total imports. It was followed by the United Arab Emirates, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +44.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.1% per year) and the United Arab Emirates (-4.7% per year).

Import Prices by Country

The average leather footwear import price stood at $X per kg in 2021, declining by -4% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 48% against the previous year. The import price peaked at $X per kg in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per kg), while the price for the United States ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the leather 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 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
Prodcom 15201351 - Men
Prodcom 15201352 - Women
Prodcom 15201353 - Children
Prodcom 15201361 - Men
Prodcom 15201362 - Women
Prodcom 15201363 - Children
Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)

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