Tajikistan: Footwear Market 2020

Footwear Market Size in Tajikistan

The revenue of the footwear market in Tajikistan amounted to $X in 2018, increasing 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). Over the period under review, footwear consumption, however, continues to indicate an abrupt deduction. The growth pace was the most rapid in 2016 when the market value increased by X% year-to-year. Over the period under review, the footwear market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Footwear Exports

Exports from Tajikistan

In 2018, the exports of footwear from Tajikistan stood at X pairs, declining by -X% against the previous year. Overall, footwear exports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. In that year, footwear exports reached their peak of X pairs. From 2011 to 2018, the growth of footwear exports failed to regain its momentum.

In value terms, footwear exports stood at $X in 2018. Overall, footwear exports continue to indicate an abrupt slump. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, footwear exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China dominates footwear exports structure, resulting at X pairs, which was near X% of total exports in 2018. It was distantly followed by Vietnam (X pairs), achieving a X% share of total exports. Germany (X pairs), Belgium (X pairs), Italy (X pairs), Indonesia (X pairs), Turkey (X pairs), India (X pairs), the Netherlands (X pairs), Spain (X pairs) and the UK (X pairs) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to footwear exports from China stood at -X%. At the same time, the UK (+X%), Turkey (+X%), Vietnam (+X%), India (+X%), the Netherlands (+X%), Indonesia (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium and Italy experienced a relatively flat trend pattern. Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest footwear supplier from Tajikistan, comprising X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In China, footwear exports remained relatively stable over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2018, the footwear export price in Tajikistan amounted to $X per pair, going down by -X% against the previous year. Overall, the footwear export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Tajikistan export price peaked at $X per pair in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per pair), while Turkey ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Footwear Imports

Imports into Tajikistan

Footwear imports into Tajikistan amounted to X pairs in 2018, growing by X% against the previous year. Overall, footwear imports, however, continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Tajikistan imports peaked at X pairs in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, footwear imports totaled $X in 2018. Over the period under review, footwear imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, footwear imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X pairs), distantly followed by Germany (X pairs) and the UK (X pairs) represented the key importers of footwear, together mixing up X% of total imports. The following importers - Japan (X pairs), France (X pairs), Italy (X pairs), Russia (X pairs), the Philippines (X pairs), India (X pairs), the United Arab Emirates (X pairs), Belgium (X pairs) and Saudi Arabia (X pairs) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to footwear imports into the U.S. stood at -X%. At the same time, the Philippines (+X%), Saudi Arabia (+X%), India (+X%), Russia (+X%), Germany (+X%), Belgium (+X%), the United Arab Emirates (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan and Italy experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Philippines, India, Germany and Saudi Arabia increased by +X%, +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest footwear importing markets into Tajikistan were the U.S. ($X), Germany ($X) and France ($X), together comprising X% of total imports. The UK, Italy, Japan, Russia, Belgium, the United Arab Emirates, the Philippines, India, Saudi Arabia and Tajikistan lagged somewhat behind, together accounting for a further X Philippines recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the footwear import price in Tajikistan amounted to $X per pair, coming down by -X% against the previous year. Over the period under review, the footwear import price continues to indicate a significant decline. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. In that year, the import prices for footwear attained their peak level of $X per pair. From 2015 to 2018, the growth in terms of the import prices for footwear failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform