South Africa: 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 South Africa

In 2021, the South African market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

Exports from South Africa

In 2021, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 53% to X tons, rising for the second consecutive year after two years of decline. Overall, total exports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +60.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia (X tons), Botswana (X tons) and Lesotho (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from South Africa, together accounting for 77% of total exports.

From 2012 to 2021, the biggest increases were recorded for Lesotho (with a CAGR of +6.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Botswana ($X) and Lesotho ($X) appeared to be the largest markets for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from South Africa worldwide, together comprising 77% of total exports.

In terms of the main countries of destination, Lesotho, with a CAGR of +4.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, which is down by -18.6% against the previous year. Overall, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 an increase of 19%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Zimbabwe ($X per ton) and Zambia ($X per ton), while the average price for exports to Swaziland ($X per ton) and Namibia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (-1.0%), while the prices for the other major destinations experienced a decline.

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

Imports into South Africa

In 2021, overseas purchases of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 29% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a deep setback. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap surged to $X in 2021. In general, imports, however, continue to indicate a perceptible decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a 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 South Africa, with a 76% 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, Vietnam (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5.0% per year) and Italy (+9.2% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to South Africa, comprising 75% of total imports. The second position in the ranking was held by Vietnam ($X), with a 7.2% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+9.6% per year) and Italy (+13.9% 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, remaining relatively unchanged against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.1%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Thailand ($X per ton) and Italy ($X per ton), while the price for Brazil ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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