Pakistan: Waterproof Footwear Market 2025

Waterproof Footwear Market Size in Pakistan

The Pakistani waterproof footwear market declined to $X in 2022, dropping by -6.3% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -16.6% against 2019 indices. Waterproof footwear consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Waterproof Footwear Production in Pakistan

In value terms, waterproof footwear production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -15.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Waterproof Footwear Exports

Exports from Pakistan

In 2022, the amount of waterproof footwear exported from Pakistan surged to X pairs, growing by 23% on 2021 figures. In general, exports recorded a notable expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 2,478% against the previous year. Over the period under review, the exports attained the peak figure at X pairs in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, waterproof footwear exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 6,844% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X pairs), Qatar (X pairs) and Poland (X pairs) were the main destinations of waterproof footwear exports from Pakistan, together comprising 48% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +83.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for waterproof footwear exported from Pakistan were Poland ($X), Germany ($X) and Saudi Arabia ($X), with a combined 58% share of total exports.

Poland, with a CAGR of +75.6%, saw the highest growth rate of the value of exports, in terms of 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 waterproof footwear export price stood at $X per pair in 2022, increasing by 157% against the previous year. Over the period under review, the export price posted a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by 169%. Over the period under review, the average export prices reached the peak figure at $X per pair in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per pair), while the average price for exports to Singapore ($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 Singapore (-0.8%), while the prices for the other major destinations experienced a decline.

Waterproof Footwear Imports

Imports into Pakistan

In 2022, supplies from abroad of waterproof footwear increased by 51% to X pairs, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by 668% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, waterproof footwear imports surged to $X in 2022. In general, imports posted a noticeable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 355% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) was the main supplier of waterproof footwear to Pakistan, with a 99% share of total imports. It was followed by Iran (X pairs), with a 0.8% share of total imports. The third position in this ranking was taken by Thailand (X pairs), with a 0.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +42.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+8.8% per year) and Thailand (-7.0% per year).

In value terms, China ($X) constituted the largest supplier of waterproof footwear to Pakistan, comprising 98% of total imports. The second position in the ranking was held by Iran ($X), with a 1.6% share of total imports. It was followed by Thailand, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+1.8% per year) and Thailand (-13.0% per year).

Import Prices by Country

In 2022, the average waterproof footwear import price amounted to $X per pair, rising by 5.2% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 74% against the previous year. As a result, import price reached the peak level of $X per pair. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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