Report Update Nov 1, 2024

Uruguay - Athletic Footwear - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Uruguay: Athletic Footwear Market 2024

Athletic Footwear Market Size in Uruguay

In 2022, after two years of decline, there was significant growth in the Uruguayan athletic footwear market, when its value increased by 13% to $X. Overall, consumption continues to indicate a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Athletic Footwear Exports

Exports from Uruguay

In 2022, after three years of growth, there was significant decline in shipments abroad of athletic footwear, when their volume decreased by -99.6% to X pairs. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 120%. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, athletic footwear exports contracted rapidly to $X in 2022. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 165%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X pairs) was the main destination for athletic footwear exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam was relatively modest.

In value terms, Vietnam ($X) emerged as the key foreign market for athletic footwear exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Vietnam was relatively modest.

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, picking up by 78% against the previous year. In general, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +6.3% per year.

Athletic Footwear Imports

Imports into Uruguay

For the third year in a row, Uruguay recorded decline in overseas purchases of athletic footwear, which decreased by -3.6% to X pairs in 2022. Over the period under review, imports saw a perceptible contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 32% against the previous year. As a result, imports reached the peak of X pairs. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, athletic footwear imports surged to $X in 2022. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 when imports increased by 38%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X pairs), Vietnam (X pairs) and Indonesia (X pairs) were the main suppliers of athletic footwear imports to Uruguay, with a combined 88% share of total imports. Brazil and Bangladesh lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +354.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Indonesia ($X) constituted the largest athletic footwear suppliers to Uruguay, together accounting for 88% of total imports. Brazil and Bangladesh lagged somewhat behind, together comprising a further 9.7%.

Among the main suppliers, Bangladesh, with a CAGR of +236.5%, recorded the highest growth rate of 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 athletic footwear import price amounted to $X per pair, jumping by 25% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Vietnam ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for athletic footwear in the world?

The countries with the highest volumes of in 2021 were the United States, China and Pakistan, together comprising 41% of global consumption. These countries were followed by Brazil, Indonesia, Bangladesh, Turkey, Mexico, Germany, France, South Korea, the Philippines and India, which together accounted for a further 28%.

What are the largest producers of athletic footwear in the world?

The countries with the highest volumes of in 2021 were Vietnam, China and Indonesia, together comprising 63% of global production. These countries were followed by Pakistan, Brazil, Bangladesh, Turkey, Belgium, India, Myanmar and the Philippines, which together accounted for a further 25%.

What are the leading suppliers of athletic footwear to Uruguay?

In value terms, the largest athletic footwear suppliers to Uruguay were Vietnam, China and Indonesia, with a combined 93% share of total imports.

What are the leading importers of athletic footwear from Uruguay?

In value terms, the United States remains the key foreign market for athletic footwear exports from Uruguay, comprising 87% of total exports. The second position in the ranking was occupied by Costa Rica, with a 7.5% share of total exports. It was followed by Paraguay, with a 2% share.

What is the average export price for athletic footwear in Uruguay?

The average athletic footwear export price stood at $24 per pair in 2021, flattening at the previous year.

What is the average import price for athletic footwear in Uruguay?

The average athletic footwear import price stood at $11 per pair in 2021, rising by 1.9% against the previous year.

This report provides an in-depth analysis of the athletic footwear market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023