Portugal: Waterproof Footwear Market 2025

Waterproof Footwear Market Size in Portugal

In 2022, after two years of decline, there was significant growth in the Portuguese waterproof footwear market, when its value increased by 231% to $X. Overall, consumption enjoyed a strong increase. Waterproof footwear consumption peaked in 2022 and is expected to retain growth in the immediate term.

Waterproof Footwear Production in Portugal

In value terms, waterproof footwear production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +20.9% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 35% against the previous year. Waterproof footwear production peaked in 2022 and is expected to retain growth in years to come.

Waterproof Footwear Exports

Exports from Portugal

In 2022, shipments abroad of waterproof footwear decreased by -41.6% to X pairs for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 86% against the previous year. The exports peaked at X pairs in 2021, and then contracted remarkably in the following year.

In value terms, waterproof footwear exports dropped rapidly to $X in 2022. Overall, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 38% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

The UK (X pairs), Germany (X pairs) and Spain (X pairs) were the main destinations of waterproof footwear exports from Portugal, together accounting for 41% of total exports. Austria, the Netherlands, Belgium, France, Italy, Greece and Hungary lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +36.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) were the largest markets for waterproof footwear exported from Portugal worldwide, together accounting for 45% of total exports. Spain, France, Belgium, Austria, Italy, Greece and Hungary lagged somewhat behind, together comprising a further 38%.

In terms of the main countries of destination, Austria, with a CAGR of +27.6%, saw the highest growth rate of the value of exports, 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, surging by 24% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 31%. The export price peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per pair), while the average price for exports to Austria ($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 Hungary (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Waterproof Footwear Imports

Imports into Portugal

In 2022, supplies from abroad of waterproof footwear increased by 12% to X pairs, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 42% against the previous year. Imports peaked at X pairs in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, waterproof footwear imports rose modestly to $X in 2022. In general, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

France (X pairs), China (X pairs) and Spain (X pairs) were the main suppliers of waterproof footwear imports to Portugal, together comprising 64% of total imports. The Netherlands, Italy, Belgium and Germany lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest waterproof footwear suppliers to Portugal were France ($X), the Netherlands ($X) and Spain ($X), with a combined 64% share of total imports. China, Italy, Belgium and Germany lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Belgium, with a CAGR of +14.0%, recorded 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

The average waterproof footwear import price stood at $X per pair in 2022, declining by -7.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 24%. The import price peaked at $X per pair in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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