Sudan: Leather Footwear Market 2024

Leather Footwear Market Size in Sudan

The Sudanese leather footwear market soared to $X in 2021, jumping by 107% 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). Over the period under review, consumption recorded a significant expansion. Leather footwear consumption peaked in 2021 and is likely to see steady growth in the near future.

Leather Footwear Exports

Exports from Sudan

In 2021, approx. X kg of leather footwear were exported from Sudan; growing by 167% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a sharp curtailment. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, leather footwear exports soared to $X in 2021. In general, exports, however, showed a sharp downturn. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Uzbekistan (X kg), Ethiopia (X kg) and Tanzania (X kg) were the main destinations of leather footwear exports from Sudan, with a combined 70% share of total exports. France, Ghana, Kenya and Malawi lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +55.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for leather footwear exported from Sudan were Uzbekistan ($X), France ($X) and Ethiopia ($X), together comprising 80% of total exports. These countries were followed by Ghana, Kenya, Malawi and Tanzania, which together accounted for a further 19%.

Kenya, with a CAGR of +172.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average leather footwear export price amounted to $X per kg, increasing by 2.9% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2013 an increase of 184% against the previous year. The export price peaked at $X per kg in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Malawi ($X per kg), while the average price for exports to Tanzania ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+75.3%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Footwear Imports

Imports into Sudan

In 2021, approx. X tons of leather footwear were imported into Sudan; increasing by 202% against the previous year. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 566%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, leather footwear imports expanded markedly to $X in 2021. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 454%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of leather footwear to Sudan, accounting for a 91% share of total imports. Moreover, leather footwear imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Thailand (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.7% per year) and Thailand (+28.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of leather footwear to Sudan, comprising 77% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Thailand, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.6% per year) and Thailand (+31.0% per year).

Import Prices by Country

In 2021, the average leather footwear import price amounted to $X per kg, reducing by -64% against the previous year. Overall, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 79%. Over the period under review, average import prices reached the peak figure at $X per kg in 2020, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per kg), while the price for Turkey ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform