Myanmar: Athletic Footwear Market 2025

Athletic Footwear Market Size in Myanmar

In 2022, the Myanmar's athletic footwear market increased by 29% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a mild reduction. Athletic footwear consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Athletic Footwear Production in Myanmar

In value terms, athletic footwear production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 150%. Athletic footwear production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Athletic Footwear Exports

Exports from Myanmar

In 2022, overseas shipments of athletic footwear decreased by -41.2% to X pairs, falling for the third year in a row after four years of growth. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 8,544% against the previous year. The exports peaked at X pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, athletic footwear exports declined markedly to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 8,552% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X pairs), Germany (X pairs) and the Netherlands (X pairs) were the main destinations of athletic footwear exports from Myanmar, together comprising 47% of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +228.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Mexico ($X) constituted the largest markets for athletic footwear exported from Myanmar worldwide, with a combined 38% share of total exports.

Sweden, with a CAGR of +204.7%, saw the highest growth rate of the value of exports, among 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

The average athletic footwear export price stood at $X per pair in 2022, with an increase of 9.8% against the previous year. In general, the export price, however, showed a deep reduction. Over the period under review, the average export prices hit record highs at $X per pair in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per pair), while the average price for exports to the Netherlands ($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 Spain (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Athletic Footwear Imports

Imports into Myanmar

In 2022, after two years of decline, there was significant growth in purchases abroad of athletic footwear, when their volume increased by 20% to X pairs. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2016 when imports increased by 225%. Imports peaked at X pairs in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, athletic footwear imports skyrocketed to $X in 2022. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 220% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest athletic footwear supplier to Myanmar, accounting for a 57% share of total imports. Moreover, athletic footwear imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X pairs), twofold. The third position in this ranking was taken by India (X pairs), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+61.6% per year) and India (+196.6% per year).

In value terms, China ($X), Thailand ($X) and India ($X) appeared to be the largest athletic footwear suppliers to Myanmar, together accounting for 93% of total imports.

In terms of the main suppliers, India, with a CAGR of +170.3%, saw the highest rates of growth with regard to the value of imports, 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, jumping by 29% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 an increase of 48% against the previous year. The import price peaked at $X per pair in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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