Kenya: Leather Footwear Market 2024

Leather Footwear Market Size in Kenya

The Kenyan leather footwear market expanded markedly to $X in 2021, rising by 6.5% against the previous year. Overall, consumption, however, posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Leather Footwear Production in Kenya

In value terms, leather footwear production dropped modestly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 24%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Leather Footwear Exports

Exports from Kenya

In 2021, the amount of leather footwear exported from Kenya was estimated at X tons, rising by 8.5% against 2020 figures. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 117%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, leather footwear exports reduced modestly to $X in 2021. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 65%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of leather footwear exports from Kenya, together accounting for 35% of total exports. These countries were followed by Italy, the United States, South Sudan, Malawi, Tanzania, France, Rwanda, Taiwan (Chinese), Botswana and Uganda, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +71.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for leather footwear exported from Kenya were Germany ($X), France ($X) and the UK ($X), together accounting for 29% of total exports.

Among the main countries of destination, the UK, with a CAGR of +48.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average leather footwear export price stood at $X per kg in 2021, with a decrease of -11.4% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35%. The export price peaked at $X per kg in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per kg), while the average price for exports to Democratic Republic of the Congo ($X per kg) was 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 (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Kenya

In 2021, supplies from abroad of leather footwear decreased by -7.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 599% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, leather footwear imports expanded remarkably to $X in 2021. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 269%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of leather footwear to Kenya, accounting for a 83% share of total imports. Moreover, leather footwear imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.8% per year) and South Africa (-24.1% per year).

In value terms, China ($X) constituted the largest supplier of leather footwear to Kenya, comprising 74% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.5% per year) and South Africa (-15.3% per year).

Import Prices by Country

The average leather footwear import price stood at $X per kg in 2021, with an increase of 21% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price 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. The most prominent rate of growth was recorded in 2015 when the average import price increased by 90%. Over the period under review, average import prices reached the peak figure at $X per kg in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform