Kenya: Leather Footwear Market 2022

Leather Footwear Market Size in Kenya

The Kenyan leather footwear market shrank markedly to $X in 2017, with a decrease of -X% 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). In general, consumption, however, recorded prominent growth. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2015 to 2017, the growth of the market remained at a lower figure.

Leather Footwear Exports

Exports from Kenya

For the fourth year in a row, Kenya recorded decline in shipments abroad of leather footwear, which decreased by -X% to X pairs in 2017. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of X pairs. from 2014 to 2017, the growth exports failed to regain the momentum.

In value terms, leather footwear exports declined remarkably to $X in 2017. Over the period under review, exports saw a slight setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2011 to 2017, the growth exports remained at a lower figure.

Exports by Country

China represented the key exporting country with an export of around X pairs, which finished at X% of total exports. It was distantly followed by Vietnam (X pairs), Italy (X pairs) and India (X pairs), together generating a X% share of total exports. Germany (X pairs), Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) occupied a minor share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) and India (+X p.p.) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Kenya were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

Vietnam recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the leather footwear export price in Kenya amounted to $X per pair, shrinking by -X% against the previous year. Overall, export price indicated notable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, leather footwear export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X% year-to-year. Kenya export price peaked at $X per pair in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Kenya

In 2017, approx. X pairs of leather footwear were imported into Kenya; declining by -X% compared with 2016 figures. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X pairs in 2016, and then declined rapidly in the following year.

In value terms, leather footwear imports declined notably to $X in 2017. Overall, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Kenya imports peaked at $X in 2014; however, from 2015 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) represented the largest importers of leather footwear, together achieving X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Kenya, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the United States, leather footwear imports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Kenya stood at $X per pair in 2017, waning by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per pair. from 2012 to 2017, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2017, the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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