Romania: Leather Footwear Market 2022

Leather Footwear Market Size in Romania

The Romanian leather footwear market rose rapidly to $X in 2017, increasing by X% against the previous year. In general, consumption, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2013 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2017, consumption failed to regain the momentum.

Leather Footwear Production in Romania

In value terms, leather footwear production fell to $X in 2017 estimated in export prices. Over the period under review, production showed a abrupt decrease. The pace of growth was the most pronounced in 2013 when the production volume increased by X% y-o-y. Romania production peaked at $X in 2007; however, from 2008 to 2017, production remained at a lower figure.

Leather Footwear Exports

Exports from Romania

In 2017, shipments abroad of leather footwear decreased by -X% to X pairs, falling for the sixth consecutive year after two years of growth. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X pairs in 2007; however, from 2008 to 2017, exports stood at a somewhat lower figure.

In value terms, leather footwear exports fell to $X in 2017. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2017, exports failed to regain the momentum.

Exports by Country

China represented the main exporting country with an export of around X pairs, which recorded X% of total exports. Vietnam (X pairs) took a X% share (based on tons) of total exports, which put it in second place, followed by Italy (X%), India (X%) and Germany (X%). Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Vietnam and India increased by +X% and +X% percentage points, while Indonesia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Romania were China ($X), Italy ($X) and Vietnam ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam recorded the highest rates of growth with regard to 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

In 2017, the leather footwear export price in Romania amounted to $X per pair, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per pair in 2013; however, from 2014 to 2017, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Romania

Leather footwear imports into Romania surged to X pairs in 2017, increasing by X% on the previous year. In general, imports, however, recorded a slight curtailment. Romania imports peaked at X pairs in 2008; however, from 2009 to 2017, imports stood at a somewhat lower figure.

In value terms, leather footwear imports soared to $X in 2017. Over the period under review, total imports indicated a measured increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports increased by +X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the largest importers of leather footwear, together comprising X% of total imports. The following importers - Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) - together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Romania, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United States totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Romania stood at $X per pair in 2017, increasing by X% against the previous year. In general, import price indicated a buoyant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, leather footwear import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum in 2017 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2017, the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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