Kuwait: Footwear Market 2025

Footwear Market Size in Kuwait

The Kuwaiti footwear market shrank notably to $X in 2022, declining by 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). Overall, the total consumption indicated resilient growth from 2012 to 2022: its value 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 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then dropped remarkably in the following year.

Footwear Exports

Exports from Kuwait

After two years of decline, shipments abroad of footwear increased by X% to X pairs in 2022. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X pairs. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, footwear exports stood at $X in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X pairs), Iraq (X pairs) and El Salvador (X pairs) were the main destinations of footwear exports from Kuwait, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for footwear exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average footwear export price stood at $X per pair in 2022, reducing by X% against the previous year. In general, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per pair in 2021, and then reduced in the following year.

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

Footwear Imports

Imports into Kuwait

In 2022, approx. X pairs of footwear were imported into Kuwait; with a decrease of X% on 2021 figures. Overall, total imports indicated slight growth from 2012 to 2022: its volume 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 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X pairs in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, footwear imports reduced rapidly to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value 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 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted markedly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X pairs) constituted the largest footwear supplier to Kuwait, accounting for a X% share of total imports. Moreover, footwear imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X pairs), twofold. Vietnam (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of footwear to Kuwait, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average footwear import price amounted to $X per pair, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per pair, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per pair), while the price for India ($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 more modest paces of growth.

Source: IndexBox Platform

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