Pakistan: Leather Footwear Market 2025

Leather Footwear Market Size in Pakistan

After two years of decline, the Pakistani leather footwear market increased by 0.4% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Leather Footwear Production in Pakistan

In value terms, leather footwear production shrank slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Leather Footwear Exports

Exports from Pakistan

Leather footwear exports from Pakistan dropped to X tons in 2021, which is down by -13.5% on the previous year. Over the period under review, exports saw a mild reduction. The pace of growth appeared the most rapid in 2019 with an increase of 52%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, leather footwear exports reduced modestly to $X in 2021. The total export value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 18% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of leather footwear exports from Pakistan, with a combined 58% share of total exports. The United States, Afghanistan, Spain, the UK, Australia, Saudi Arabia, Ireland, South Africa, France and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +27.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for leather footwear exports from Pakistan, comprising 33% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total exports. It was followed by Italy, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+19.4% per year) and Italy (+3.0% per year).

Export Prices by Country

In 2021, the average leather footwear export price amounted to $X per kg, growing by 13% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, leather footwear export price decreased by -13.1% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 43%. As a result, the export price attained the peak level of $X per kg. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per kg), while the average price for exports to Saudi Arabia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Pakistan

After six years of decline, purchases abroad of leather footwear increased by 26% to X tons in 2021. In general, imports, however, continue to indicate a precipitous decrease. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, leather footwear imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2014 when imports increased by 20%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of leather footwear to Pakistan, accounting for a 57% share of total imports. Moreover, leather footwear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was held by Iran (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -31.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-1.0% per year) and Iran (+97.1% per year).

In value terms, China ($X) constituted the largest supplier of leather footwear to Pakistan, comprising 61% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by Vietnam, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+14.8% per year) and Vietnam (-6.2% per year).

Import Prices by Country

In 2021, the average leather footwear import price amounted to $X per kg, with a decrease of -5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. The import price peaked at $X per kg in 2018; however, from 2019 to 2021, 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 the United Arab Emirates ($X per kg), while the price for Iran ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform