Report Update Nov 1, 2024

Puerto Rico - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Athletic Footwear Market 2024

Athletic Footwear Market Size in Puerto Rico

After two years of decline, the Puerto Rican athletic footwear market increased by 4.9% to $X in 2021. Overall, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Athletic Footwear Production in Puerto Rico

In value terms, athletic footwear production rose to $X in 2021 estimated in export price. In general, production posted strong growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 109%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Athletic Footwear Exports

Exports by Country

In 2021, Vietnam (X pairs) represented the largest exporter of athletic footwear, generating 47% of total exports. Belgium (X pairs) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (8.3%) and Germany (6.2%). The following exporters - China (X pairs), France (X pairs), India (X pairs), the United States (X pairs), the Netherlands (X pairs) and Hong Kong SAR (X pairs) - together made up 13% of total exports.

From 2012 to 2021, average annual rates of growth with regard to athletic footwear exports from Vietnam stood at +12.5%. At the same time, Indonesia (+19.4%), Belgium (+14.1%), Germany (+13.6%), the United States (+13.2%), India (+8.6%) and France (+6.0%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.4% from 2012-2021. The Netherlands experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-3.2%) and China (-10.4%) illustrated a downward trend over the same period. Vietnam (+11 p.p.), Indonesia (+4.6 p.p.), Belgium (+3.5 p.p.) and Germany (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, Hong Kong SAR and China saw its share reduced by -1.7%, -2% and -20.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest athletic footwear supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was held by Belgium ($X), with a 14% share of global exports. It was followed by Indonesia, with a 13% share.

In Vietnam, athletic footwear exports increased at an average annual rate of +18.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+14.3% per year) and Indonesia (+26.6% per year).

Athletic Footwear Imports

Imports by Country

The United States was the main importing country with an import of around X pairs, which reached 31% of total imports. Germany (X pairs) took the second position in the ranking, followed by Belgium (X pairs), Mexico (X pairs) and France (X pairs). All these countries together took near 24% share of total imports. The UK (X pairs), Spain (X pairs), the Netherlands (X pairs), Italy (X pairs), Japan (X pairs), Canada (X pairs), Poland (X pairs) and China (X pairs) held a minor share of total imports.

Imports into the United States increased at an average annual rate of +11.4% from 2012 to 2021. At the same time, China (+47.9%), Poland (+23.4%), Germany (+11.4%), Canada (+11.1%), Spain (+10.7%), Mexico (+10.3%), Belgium (+7.4%), the Netherlands (+7.1%), France (+5.5%), Japan (+4.6%), the UK (+3.4%) and Italy (+3.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +47.9% from 2012-2021. From 2012 to 2021, the share of the United States and Germany increased by +8 and +2.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest athletic footwear importing markets into Puerto Rico were the United States ($X), Germany ($X) and France ($X), together accounting for 38% of total imports. These countries were followed by Belgium, the Netherlands, Italy, the UK, Japan, Spain, Mexico, Poland, China and Canada, which together accounted for a further 33%.

China, with a CAGR of +49.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for athletic footwear in the world?

The countries with the highest volumes of in 2021 were the United States, China and Pakistan, with a combined 41% share of global consumption. Brazil, Indonesia, Bangladesh, Turkey, Mexico, Germany, France, South Korea, the Philippines and India lagged somewhat behind, together comprising a further 28%.

What are the largest producers of athletic footwear in the world?

The countries with the highest volumes of in 2021 were Vietnam, China and Indonesia, with a combined 63% share of global production. Pakistan, Brazil, Bangladesh, Turkey, Belgium, India, Myanmar and the Philippines lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of athletic footwear to Puerto Rico?

In value terms, the largest athletic footwear importing markets into Puerto Rico were the United States, Germany and Belgium, with a combined 38% share of total imports. These countries were followed by France, the Netherlands, Italy, the UK, Japan, Spain, Mexico, China, South Korea and Canada, which together accounted for a further 33%.

What are the leading importers of athletic footwear from Puerto Rico?

In value terms, Vietnam remains the largest athletic footwear supplier from Puerto Rico, comprising 38% of global exports. The second position in the ranking was occupied by Belgium, with a 15% share of global exports. It was followed by Indonesia, with a 13% share.

What is the average export price for athletic footwear in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand pairs in 2021, approximately mirroring the previous year.

What is the average import price for athletic footwear in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand pairs in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the athletic footwear market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023