Switzerland: Leather Footwear Market 2022

Leather Footwear Market Size in Switzerland

The Swiss leather footwear market dropped to $X in 2017, waning by -X% 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). The market value increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2012 to 2017, the growth of the market failed to regain the momentum.

Leather Footwear Exports

Exports from Switzerland

In 2017, overseas shipments of leather footwear increased by X% to X pairs, rising for the seventh year in a row after two years of decline. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2017 and are likely to see steady growth in years to come.

In value terms, leather footwear exports surged to $X in 2017. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Switzerland exports peaked in 2017 and are expected to retain growth in the immediate term.

Exports by Country

In 2017, China (X pairs) was the largest exporter of leather footwear, generating X% of total exports. Vietnam (X pairs) occupied the second position in the ranking, followed by Italy (X pairs), India (X pairs) and Germany (X pairs). All these countries together held approx. X% share of total exports. The following exporters - Portugal (X pairs), Belgium (X pairs), Hong Kong SAR (X pairs), Spain (X pairs), France (X pairs), the Netherlands (X pairs) and Indonesia (X pairs) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of leather footwear. At the same time, Vietnam (+X%), France (+X%), India (+X%), the Netherlands (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2017. Spain and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Indonesia and Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather footwear supplying countries from Switzerland were China ($X), Italy ($X) and Vietnam ($X), together comprising X% of total exports.

Vietnam recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Switzerland stood at $X per pair in 2017, with an increase of X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per pair in 2013; however, from 2014 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2017, the country with the highest price was Italy ($X per pair), while China ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports into Switzerland

Leather footwear imports into Switzerland expanded to X pairs in 2017, increasing by X% against the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Switzerland imports peaked in 2017 and are expected to retain growth in the immediate term.

In value terms, leather footwear imports expanded remarkably to $X in 2017. The total import value increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Switzerland imports peaked in 2017 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2017, the United States (X pairs), distantly followed by Germany (X pairs), the UK (X pairs), France (X pairs) and Italy (X pairs) were the main importers of leather footwear, together generating X% of total imports. Hong Kong SAR (X pairs), the Netherlands (X pairs), Belgium (X pairs), Russia (X pairs), Japan (X pairs), China (X pairs), Spain (X pairs) and Canada (X pairs) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported leather footwear into Switzerland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the United States totaled -X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The leather footwear import price in Switzerland stood at $X per pair in 2017, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per pair in 2014; however, from 2015 to 2017, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per pair), while the UK ($X per pair) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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