Norway: Leather Footwear Market 2022

Leather Footwear Market Size in Norway

In 2017, the Norwegian leather footwear market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2017, the growth of the market remained at a lower figure.

Leather Footwear Exports

Exports from Norway

In 2017, shipments abroad of leather footwear decreased by -X% to X pairs, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X pairs in 2007; however, from 2008 to 2017, exports failed to regain the momentum.

In value terms, leather footwear exports expanded markedly to $X in 2017. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Norway exports peaked at $X in 2007; however, from 2008 to 2017, exports remained at a lower figure.

Exports by Country

In 2017, China (X pairs) represented the major exporter of leather footwear, committing X% of total exports. Vietnam (X pairs) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and India (X%). The following exporters - 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) - together made up X% 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. Vietnam (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Indonesia and Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Norway were China ($X), Italy ($X) and Vietnam ($X), together accounting for X% of total exports.

Vietnam saw the highest growth rate of the value of exports, among 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 Norway amounted to $X per pair, growing by X% against the previous year. In general, export price indicated pronounced 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 increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 when the export price increased by X% year-to-year. Norway export price peaked at $X per pair in 2013; however, from 2014 to 2017, export prices failed to regain the momentum.

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 Norway

In 2017, leather footwear imports into Norway reached X pairs, therefore, remained relatively stable against the year before. Overall, imports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X pairs. from 2012 to 2017, the growth imports remained at a lower figure.

In value terms, leather footwear imports rose significantly to $X in 2017. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2012 to 2017, the growth imports failed to regain the momentum.

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) were the main importers of leather footwear, together committing X% of total imports. The following importers - 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) - together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

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

In the United States, leather footwear imports declined by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Norway amounted to $X per pair, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Norway import price peaked at $X per pair in 2013; however, from 2014 to 2017, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; 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

Frequently Asked Questions (FAQ) :