Saudi Arabia: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Saudi Arabia

The Saudi market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap declined sharply to $X in 2021, with a decrease of -16.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Saudi Arabia

In 2021, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 61% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 219% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 88%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Saudi Arabia, accounting for a 62% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the United Arab Emirates exceeded the volume sent to the second major destination, Spain (X tons), ninefold. The third position in this ranking was held by Yemen (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled +28.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+40.1% per year) and Yemen (+65.3% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Saudi Arabia, comprising 65% of total exports. The second position in the ranking was held by Spain ($X), with a 22% share of total exports. It was followed by Kuwait, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+31.2% per year) and Kuwait (-13.6% per year).

Export Prices by Country

The average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, with a decrease of -15.9% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 69%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Saudi Arabia

In 2021, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap into Saudi Arabia contracted dramatically to X tons, dropping by -19% against the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 70% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap reduced to $X in 2021. Overall, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -40.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 55% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier to Saudi Arabia, accounting for a 82% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold. Hong Kong SAR (X tons) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+17.7% per year) and Hong Kong SAR (0.0% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Saudi Arabia, comprising 75% of total imports. The second position in the ranking was held by India ($X), with a 7.4% share of total imports. It was followed by Hong Kong SAR, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+15.5% per year) and Hong Kong SAR (0.0% per year).

Import Prices by Country

The average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap stood at $X per ton in 2021, growing by 16% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 79%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average 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 Hong Kong SAR ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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