Tunisia: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in Tunisia

In 2022, the Tunisian waterproof footwear market decreased by -3.7% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption saw a noticeable slump. Waterproof footwear consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Waterproof Footwear Production in Tunisia

In value terms, waterproof footwear production stood at $X in 2022 estimated in export price. Overall, production, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Waterproof footwear production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Waterproof Footwear Exports

Exports from Tunisia

In 2022, shipments abroad of waterproof footwear was finally on the rise to reach X pairs for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2016 with an increase of 204%. The exports peaked at X pairs in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, waterproof footwear exports soared to $X in 2022. Over the period under review, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 240% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Algeria (X pairs) was the main destination for waterproof footwear exports from Tunisia, accounting for a 76% share of total exports. Moreover, waterproof footwear exports to Algeria exceeded the volume sent to the second major destination, the Netherlands (X pairs), fourfold. The third position in this ranking was taken by Morocco (X pairs), with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-20.7% per year) and Morocco (-49.3% per year).

In value terms, Algeria ($X), the Netherlands ($X) and Morocco ($X) appeared to be the largest markets for waterproof footwear exported from Tunisia worldwide, with a combined 83% share of total exports.

Algeria, with a CAGR of +0.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average waterproof footwear export price stood at $X per pair in 2022, waning by -29.5% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waterproof footwear export price increased by +82.9% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 61%. As a result, the export price attained the peak level of $X per pair, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per pair), while the average price for exports to Algeria ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Waterproof Footwear Imports

Imports into Tunisia

Waterproof footwear imports into Tunisia dropped dramatically to X pairs in 2022, shrinking by -38.2% on the previous year's figure. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 72% against the previous year. Imports peaked at X pairs in 2021, and then contracted dramatically in the following year.

In value terms, waterproof footwear imports fell remarkably to $X in 2022. In general, imports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

Egypt (X pairs), China (X pairs) and Italy (X pairs) were the main suppliers of waterproof footwear imports to Tunisia, together comprising 63% of total imports. Spain, France, Portugal, Turkey and Bulgaria lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +49.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest waterproof footwear suppliers to Tunisia were Spain ($X), Egypt ($X) and China ($X), with a combined 67% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +51.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average waterproof footwear import price amounted to $X per pair, surging by 29% against the previous year. Overall, the import price, however, showed a deep slump. The import price peaked at $X per pair in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per pair), while the price for Italy ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform