Jordan: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Jordan

The Jordanian market for footwear with uppers of textile materials dropped dramatically to $X in 2022, which is down by -37.8% 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). Over the period under review, consumption, however, posted prominent growth. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Jordan

In 2022, the amount of footwear with uppers of textile materials exported from Jordan declined markedly to X pairs, dropping by -77.6% against the year before. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 235% against the previous year. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of footwear with uppers of textile materials reduced remarkably to $X in 2022. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 232% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt (X pairs) was the main destination for exports of footwear with uppers of textile materials from Jordan, with a 85% share of total exports. Moreover, exports of footwear with uppers of textile materials to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X pairs), tenfold. Free Zones (X pairs) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt amounted to -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-16.2% per year) and Free Zones (-18.7% per year).

In value terms, Egypt ($X) emerged as the key foreign market for footwear with uppers of textile materials exports from Jordan, comprising 79% of total exports. The second position in the ranking was held by Free Zones ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt amounted to +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Free Zones (+3.6% per year) and the United Arab Emirates (-17.3% per year).

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, surging by 23% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 185% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($X per pair), while the average price for exports to Iraq ($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 Free Zones (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports into Jordan

In 2022, the amount of footwear with uppers of textile materials imported into Jordan reduced rapidly to X pairs, waning by -39.4% against 2021 figures. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 30% against the previous year. Imports peaked at X pairs in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of footwear with uppers of textile materials reduced notably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X pairs), Indonesia (X pairs) and Italy (X pairs) were the main suppliers of imports of footwear with uppers of textile materials to Jordan, together accounting for 85% of total imports. Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further 5.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +33.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest footwear with uppers of textile materials suppliers to Jordan were China ($X), Indonesia ($X) and Italy ($X), with a combined 87% share of total imports. Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further 6.5%.

Turkey, with a CAGR of +39.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 with uppers of textile materials stood at $X per pair in 2022, approximately reflecting the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear with uppers of textile materials increased by +91.3% against 2012 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per pair) and Italy ($X per pair), while the price for China ($X per pair) and the United Arab Emirates ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform