Southern 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 Southern Asia

In 2021, the South Asian market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -8.4% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +48.3% against 2017 indices. The level of consumption peaked at $X in 2020, and then reduced in the following year.

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

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap fell to $X in 2021 estimated in export price. The total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +53.9% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 26%. Over the period under review, production of attained the peak level at $X in 2020, and then declined in the following year.

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

Exports in Southern Asia

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were exported in Southern Asia; increasing by 39% against the previous year. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 98%. Over the period under review, the exports of hit record highs in 2021 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 surged to $X in 2021. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 97%. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Bangladesh (X tons) represented the largest exporter of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap, generating 72% of total exports. It was distantly followed by India (X tons), creating a 26% share of total exports.

Bangladesh was also the fastest-growing in terms of the footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports, with a CAGR of +24.7% from 2012 to 2021. At the same time, India (+6.1%) displayed positive paces of growth. While the share of Bangladesh (+35 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-31 p.p.) displayed negative dynamics.

In value terms, Bangladesh ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Bangladesh, with a CAGR of +25.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, which is down by -4.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 20%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Bangladesh stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.1%).

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

Imports in Southern Asia

In 2021, overseas purchases of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 28% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2015 with an increase of 63%. Over the period under review, imports of attained the maximum at X tons in 2018; however, from 2019 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 soared to $X in 2021. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 43%. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and Bangladesh (X tons) dominates toe-cap structure, together committing 80% of total imports. Nepal (X tons) took the next position in the ranking, followed by Afghanistan (X tons). All these countries together took approx. 13% share of total imports. The following importers - Pakistan (X tons) and Maldives (X tons) - each resulted at a 5.8% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap in Southern Asia, comprising 58% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 24% share of total imports. It was followed by Nepal, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value in India totaled +13.0%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+25.8% per year) and Nepal (+12.4% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, increasing by 7.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 when the import price increased by 27%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nepal ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Maldives (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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