Report Update Nov 1, 2024

Puerto Rico - Footwear with uppers of textile materials - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Puerto Rico

The Puerto Rican market for footwear with uppers of textile materials declined notably to $X in 2021, with a decrease of -40.8% against the previous year. In general, consumption, however, saw a temperate expansion. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Production of Footwear with Uppers of Textile Materials in Puerto Rico

In value terms, production of footwear with uppers of textile materials fell rapidly to $X in 2021 estimated in export price. Overall, production, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 with an increase of 428%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Exports of Footwear with Uppers of Textile Materials

Exports by Country

China dominates materials structure, reaching X tons, which was approx. 67% of total exports in 2021. It was distantly followed by Vietnam (X tons), making up a 9.8% share of total exports. The following exporters - Germany (X tons), Turkey (X tons), Belgium (X tons), the Netherlands (X tons), Cambodia (X tons) and Italy (X tons) - each reached an 11% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to footwear with uppers of textile materials exports from China stood at +3.4%. At the same time, Italy (+35.9%), Cambodia (+18.1%), Germany (+18.0%), Vietnam (+12.3%), Turkey (+9.0%) and the Netherlands (+5.4%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the world, with a CAGR of +35.9% from 2012-2021. By contrast, Belgium (-3.3%) illustrated a downward trend over the same period. While the share of Vietnam (+4.1 p.p.), Germany (+2.2 p.p.), Belgium (+1.8 p.p.), the Netherlands (+1.7 p.p.) and Italy (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (-15.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest footwear with uppers of textile materials supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was held by Vietnam ($X), with a 16% share of global exports. It was followed by Italy, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +5.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+16.8% per year) and Italy (+42.1% per year).

Imports of Footwear with Uppers of Textile Materials

Imports by Country

The United States represented the major importer of footwear with uppers of textile materials in the world, with the volume of imports resulting at X tons, which was approx. 29% of total imports in 2021. Germany (X tons) held a 5.6% share (based on physical terms) of total imports, which put it in second place, followed by Japan (5%). France (X tons), Russia (X tons), the UK (X tons), China (X tons), Spain (X tons), Italy (X tons), Poland (X tons), the Netherlands (X tons), South Korea (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +15.8% from 2012 to 2021. At the same time, Poland (+26.9%), China (+24.8%), France (+16.7%), Italy (+11.4%), Spain (+11.2%), South Korea (+8.0%), Saudi Arabia (+7.4%), the Netherlands (+7.2%), Germany (+6.5%) and Russia (+5.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +26.9% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, the UK (-7.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, Germany, France, Spain, Italy, Poland, the Netherlands and China increased by +10, +5.6, +4.2, +2.5, +2.5, +2.3, +2.1 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported footwear with uppers of textile materials into Puerto Rico, comprising 20% of global imports. The second position in the ranking was taken by Germany ($X), with a 7.6% share of global imports. It was followed by China, with a 7% share.

In the United States, imports of footwear with uppers of textile materials increased at an average annual rate of +5.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+18.3% per year) and China (+28.6% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for footwear with uppers of textile materials in the world?

The countries with the highest volumes of in 2021 were China, the United States and Indonesia, together accounting for 51% of global consumption.

What are the largest producers of footwear with uppers of textile materials in the world?

The country with the largest volume of production of footwear with uppers of textile materials was China, accounting for 64% of total volume. Moreover, production of footwear with uppers of textile materials in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. Bangladesh ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of footwear with uppers of textile materials to Puerto Rico?

In value terms, the United States constitutes the largest market for imported footwear with uppers of textile materials into Puerto Rico, comprising 20% of global imports. The second position in the ranking was occupied by Germany, with a 7.6% share of global imports. It was followed by China, with a 7.5% share.

What are the leading importers of footwear with uppers of textile materials from Puerto Rico?

In value terms, China, Vietnam and Italy were the countries with the highest levels of exports in 2021, together accounting for 61% of total exports. Germany, the Netherlands, Belgium, Spain, Cambodia and Turkey lagged somewhat behind, together comprising a further 18%.

What is the average export price for footwear with uppers of textile materials in Puerto Rico?

In 2021, the le materials in Puerto Rico amounted to less than $0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for footwear with uppers of textile materials in Puerto Rico?

The le materials in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for footwear with uppers of textile materials 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 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)

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