South-Eastern Asia: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2025

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in South-Eastern Asia

The Southeast Asian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap soared to $X in 2021, picking up by 21% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in South-Eastern Asia

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 41% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

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

Exports in South-Eastern Asia

In 2021, overseas shipments of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -5.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2018 when exports increased by 80%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap shrank sharply to $X in 2021. In general, exports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2018 when exports increased by 78% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Vietnam (X tons) was the largest exporter of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, creating 55% of total exports. Thailand (X tons) ranks second in terms of the total exports with a 15% share, followed by Cambodia (13%), Indonesia (7.8%) and Myanmar (5.7%).

Vietnam experienced a relatively flat trend pattern with regard to volume of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap. At the same time, Myanmar (+60.8%), Cambodia (+14.6%), Thailand (+14.2%) and Indonesia (+7.7%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +60.8% from 2012-2021. Thailand (+8.5 p.p.), Cambodia (+7.6 p.p.), Myanmar (+5.6 p.p.) and Indonesia (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Vietnam saw its share reduced by -22.3% from 2012 to 2021, respectively.

In value terms, Vietnam ($X) remains the largest footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap supplier in South-Eastern Asia, comprising 65% of total exports. The second position in the ranking was taken by Cambodia ($X), with a 15% share of total exports. It was followed by Indonesia, with a 6.3% share.

In Vietnam, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded at an average annual rate of +1.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+16.5% per year) and Indonesia (+9.5% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, dropping by -10.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 3.8% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.7%), while the other leaders experienced more modest paces of growth.

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

Imports in South-Eastern Asia

Imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to X tons in 2021, rising by 33% on the year before. Over the period under review, imports saw a pronounced increase. The pace of growth was the most pronounced in 2016 with an increase of 102% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded significantly to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.9% 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 -11.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Indonesia (X tons) and Thailand (X tons) dominates toe-cap structure, together making up 76% of total imports. Malaysia (X tons) ranks next in terms of the total imports with a 10% share, followed by Singapore (5.3%). The Philippines (X tons), Vietnam (X tons) and Cambodia (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +28.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2021, with a combined 66% share of total imports. Singapore, the Philippines, Vietnam and Cambodia lagged somewhat behind, together comprising a further 32%.

Vietnam, with a CAGR of +17.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, which is down by -15.3% against the previous year. Over the period under review, the import price, however, saw temperate growth. The pace of growth appeared the most rapid in 2017 an increase of 80%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+34.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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