Kenya: Footwear Market 2024

Footwear Market Size in Kenya

The Kenyan footwear market fell markedly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a slight setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Footwear Production in Kenya

In value terms, footwear production expanded significantly to $X in 2022 estimated in export price. In general, production, however, recorded strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Footwear Exports

Exports from Kenya

In 2022, the amount of footwear exported from Kenya fell to X pairs, shrinking by X% compared with the year before. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X pairs in 2021, and then reduced in the following year.

In value terms, footwear exports reduced dramatically to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Uganda (X pairs) was the main destination for footwear exports from Kenya, accounting for a X% share of total exports. Moreover, footwear exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X pairs), twofold. The third position in this ranking was taken by Tanzania (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Uganda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Tanzania (X% per year).

In value terms, Uganda ($X), Rwanda ($X) and Tanzania ($X) were the largest markets for footwear exported from Kenya worldwide, with a combined X% share of total exports.

Rwanda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average footwear export price amounted to $X per pair, declining by X% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per pair), while the average price for exports to Uganda ($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 Comoros (X%), while the prices for the other major destinations experienced mixed trend patterns.

Footwear Imports

Imports into Kenya

In 2022, purchases abroad of footwear decreased by X% to X pairs, falling for the seventh consecutive year after four years of growth. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X pairs. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, footwear imports reduced remarkably to $X in 2022. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of footwear to Kenya, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

Import Prices by Country

The average footwear import price stood at $X per pair in 2022, declining by X% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per pair in 2021, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for Thailand ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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