Ukraine: Footwear Treatments Market 2024

Footwear Treatments Market Size in Ukraine

The Ukrainian footwear treatments market fell dramatically to $X in 2022, reducing by -24.7% against the previous year. In general, consumption showed a deep downturn. Footwear treatments consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Footwear Treatments Production in Ukraine

In value terms, footwear treatments production expanded modestly to $X in 2022 estimated in export price. Overall, production recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 97%. Footwear treatments production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Footwear Treatments Exports

Exports from Ukraine

Footwear treatments exports from Ukraine contracted sharply to X tons in 2022, with a decrease of -17.9% compared with 2021 figures. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 106% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, footwear treatments exports shrank markedly to $X in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 49%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for footwear treatments exports from Ukraine, accounting for a 47% share of total exports. Moreover, footwear treatments exports to Moldova exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. The third position in this ranking was taken by Georgia (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+16.1% per year) and Georgia (+7.0% per year).

In value terms, Moldova ($X) emerged as the key foreign market for polishes and creams for footwear or leather exports from Ukraine, comprising 54% of total exports. The second position in the ranking was taken by Georgia ($X), with a 13% share of total exports. It was followed by Romania, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Moldova stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+8.9% per year) and Romania (+12.3% per year).

Export Prices by Country

In 2022, the average footwear treatments export price amounted to $X per ton, declining by -12.6% against the previous year. In general, the export price, however, recorded slight growth. The growth pace was the most rapid in 2019 when the average export price increased by 40%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports

Imports into Ukraine

In 2022, approx. X tons of polishes and creams for footwear or leather were imported into Ukraine; waning by -28% against the previous year's figure. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, footwear treatments imports shrank rapidly to $X in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of footwear treatments to Ukraine, accounting for a 72% share of total imports. Moreover, footwear treatments imports from Turkey exceeded the figures recorded by the second-largest supplier, Poland (X tons), ninefold. The third position in this ranking was held by China (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.2% per year) and China (-17.5% per year).

In value terms, Turkey ($X) constituted the largest supplier of polishes and creams for footwear or leather to Ukraine, comprising 69% of total imports. The second position in the ranking was held by Poland ($X), with a 12% share of total imports. It was followed by Germany, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+35.0% per year) and Germany (-18.6% per year).

Import Prices by Country

The average footwear treatments import price stood at $X per ton in 2022, rising by 6% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, footwear treatments import price increased by +65.6% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 22%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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