Mexico: Athletic Footwear Market 2025

Athletic Footwear Market Size in Mexico

The Mexican athletic footwear market skyrocketed to $X in 2022, picking up by 34% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value 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, consumption increased by +73.4% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Athletic Footwear Production in Mexico

In value terms, athletic footwear production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 5.8% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Athletic Footwear Exports

Exports from Mexico

For the third year in a row, Mexico recorded growth in shipments abroad of athletic footwear, which increased by 127% to X pairs in 2022. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2017 with an increase of 297%. Over the period under review, the exports attained the peak figure at X pairs in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, athletic footwear exports surged to $X in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 334%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X pairs) was the main destination for athletic footwear exports from Mexico, with a 96% share of total exports. It was followed by Guatemala (X pairs), with a 1.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +15.2%.

In value terms, the United States ($X) remains the key foreign market for athletic footwear exports from Mexico, comprising 96% of total exports. The second position in the ranking was held by Guatemala ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +15.5%.

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, with an increase of 5.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 86%. Over the period under review, the average export prices hit record highs at $X per pair in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to Guatemala amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%).

Athletic Footwear Imports

Imports into Mexico

In 2022, purchases abroad of athletic footwear increased by 34% to X pairs, rising for the second consecutive year after three years of decline. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +8.7% 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 +120.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, athletic footwear imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X pairs), China (X pairs) and Indonesia (X pairs) were the main suppliers of athletic footwear imports to Mexico, with a combined 96% share of total imports. These countries were followed by Cambodia, which accounted for a further 2.1%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +54.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest athletic footwear suppliers to Mexico were Vietnam ($X), China ($X) and Indonesia ($X), with a combined 95% share of total imports. These countries were followed by Cambodia, which accounted for a further 1.8%.

Cambodia, with a CAGR of +56.2%, 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

In 2022, the average athletic footwear import price amounted to $X per pair, increasing by 7.2% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, athletic footwear import price decreased by -21.9% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per pair. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per pair) and Vietnam ($X per pair), while the price for Indonesia ($X per pair) and Cambodia ($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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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