Ireland: 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 Ireland

In 2021, the Irish market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -3.5% to $X, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.8% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

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

Exports from Ireland

In 2021, shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 81% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 91%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 58% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Ireland, accounting for a 73% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the UK exceeded the volume sent to the second major destination, Spain (X tons), fivefold. The third position in this ranking was held by France (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-7.8% per year) and France (+14.4% per year).

In value terms, the UK ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Ireland, comprising 76% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports. It was followed by France, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-11.4% per year) and France (+8.5% per year).

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, declining by -26.8% against the previous year. Over the period under review, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then declined notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Portugal ($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 the Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.

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

Imports into Ireland

Imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap into Ireland fell notably to X tons in 2021, which is down by -16.6% on the previous year's figure. Overall, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -45.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 69%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap totaled $X in 2021. The total import value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 23%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

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 Ireland, with a 50% 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 UK (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-3.2% per year) and Germany (+22.0% per year).

In value terms, China ($X), the UK ($X) and Germany ($X) appeared to be the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap suppliers to Ireland, with a combined 65% share of total imports. These countries were followed by Belgium, the Netherlands, Spain and Vietnam, which together accounted for a further 25%.

Among the main suppliers, Belgium, with a CAGR of +52.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, increasing by 35% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 45% against the previous year. The import price peaked in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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