United Kingdom: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in the UK

The UK market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap rose remarkably to $X in 2021, growing by 14% against the previous year. In general, consumption, however, showed a slight downturn. Consumption of peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in the UK

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X in 2021 estimated in export price. Over the period under review, production saw strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 778% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from the UK

In 2021, shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -33.3% to X tons, falling for the sixth consecutive year after four years of growth. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 57%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap dropped significantly to $X in 2021. Overall, exports saw a pronounced descent. The pace of growth was the most pronounced in 2013 when exports increased by 37% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from the UK, together comprising 47% of total exports. These countries were followed by South Korea, the United States, the Netherlands, Israel, France, Australia, Italy, Poland and Spain, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +69.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exported from the UK were South Korea ($X), Germany ($X) and the United States ($X), with a combined 42% share of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of +76.4%, saw the highest growth rate of the value of exports, 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 export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, dropping by -13.4% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into the UK

In 2021, approx. X tons of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap were imported into the UK; growing by 11% on the year before. Overall, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 30%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded modestly to $X in 2021. Over the period under review, imports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 18%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the UK, accounting for a 67% share of total imports. Moreover, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. The third position in this ranking was taken by Germany (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-1.4% per year) and Germany (+17.7% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to the UK, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.9% share of total imports. It was followed by Italy, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.2% per year) and Italy (+12.4% per year).

Import Prices by Country

In 2021, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, declining by -7% against the previous year. Overall, the import price, however, posted a strong expansion. The growth pace was the most rapid in 2017 an increase of 63%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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