Ireland: Athletic Footwear Market 2024

Athletic Footwear Market Size in Ireland

The Irish athletic footwear market soared to $X in 2022, picking up by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed buoyant growth. Athletic footwear consumption peaked in 2022 and is likely to see gradual growth in the near future.

Athletic Footwear Exports

Exports from Ireland

In 2022, the amount of athletic footwear exported from Ireland surged to X pairs, with an increase of 258% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, athletic footwear exports skyrocketed to $X in 2022. In general, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 with an increase of 99% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The UK (X pairs) was the main destination for athletic footwear exports from Ireland, accounting for a 96% share of total exports. It was followed by France (X pairs), with a 0.7% share of total exports. Spain (X pairs) ranked third in terms of total exports with less than 0.1% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +35.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.9% per year) and Spain (-46.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for athletic footwear exports from Ireland, comprising 81% of total exports. The second position in the ranking was held by France ($X), with a 2.5% share of total exports. It was followed by Spain, with a 0.2% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+18.2% per year) and Spain (-41.2% per year).

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, waning by -64.9% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 202% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2019 to 2022, 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 Spain ($X per pair), while the average price for exports to the UK ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Ireland

In 2022, supplies from abroad of athletic footwear increased by 49% to X pairs, rising for the second consecutive year after two years of decline. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2015 with an increase of 132% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, athletic footwear imports soared to $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 93% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the UK (X pairs) constituted the largest supplier of athletic footwear to Ireland, with a 62% share of total imports. Moreover, athletic footwear imports from the UK exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), fourfold. The third position in this ranking was held by China (X pairs), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.9% per year) and China (-0.7% per year).

In value terms, the UK ($X) constituted the largest supplier of athletic footwear to Ireland, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($X), with a 23% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+31.0% per year) and China (+5.9% per year).

Import Prices by Country

The average athletic footwear import price stood at $X per pair in 2022, shrinking by -22.1% against the previous year. Over the period under review, the import price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 49%. As a result, import price attained the peak level of $X per pair. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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