Israel: 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 Israel

The Israeli market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2021, with an increase of 53% 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, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +80.4% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Exports from Israel

In 2021, shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -3% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 95%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

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. Over the period under review, exports, however, recorded a strong increase. The growth pace was the most rapid in 2018 when exports increased by 115% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Israel, accounting for a 45% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Australia exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by Canada (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.1% per year) and Canada (+78.1% per year).

In value terms, Australia ($X) emerged as the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Israel, comprising 45% of total exports. The second position in the ranking was held by the United States ($X), with a 21% share of total exports. It was followed by Canada, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+28.8% per year) and Canada (+84.3% 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, with an increase of 5.4% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by +96.8% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 60% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Japan ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Israel

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were imported into Israel; jumping by 47% compared with the previous year. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.8% 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 increased by +63.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 51%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +82.1% against 2016 indices. As a result, imports attained the peak and are likely to continue 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 Israel, accounting for a 46% 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, Vietnam (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+49.0% per year) and Brazil (+8.0% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Israel, comprising 48% of total imports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total imports. It was followed by Brazil, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+52.1% per year) and Brazil (+11.1% per year).

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, picking up by 2.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Indonesia ($X per ton) and Germany ($X per ton), while the price for Brazil ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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