Western Africa: Leather Footwear Market 2022

Leather Footwear Market Size in Western Africa

The West African leather footwear market reduced to $X in 2017, with a decrease of -X% against the previous year. Over the period under review, consumption continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2007; however, from 2008 to 2017, consumption stood at a somewhat lower figure.

Leather Footwear Production in Western Africa

In value terms, leather footwear production expanded slightly to $X in 2017 estimated in export prices. Overall, production continues to indicate a slight descent. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The level of production peaked at $X in 2007; however, from 2008 to 2017, production remained at a lower figure.

Production By Country in Western Africa

Togo (X pairs) remains the largest leather footwear producing country in Western Africa, accounting for X% of total volume. Moreover, leather footwear production in Togo exceeded the figures recorded by the second-largest producer, Gambia (X pairs), fourfold.

From 2007 to 2017, the average annual growth rate of volume in Togo totaled -X%.

Leather Footwear Exports

Exports in Western Africa

In 2017, after two years of growth, there was significant decline in shipments abroad of leather footwear, when their volume decreased by -X% to X pairs. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. The volume of export peaked at X pairs in 2008; however, from 2009 to 2017, exports failed to regain the momentum.

In value terms, leather footwear exports declined slightly to $X in 2017. Total exports indicated measured growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. As a result, exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2017, Nigeria (X pairs), Sierra Leone (X pairs) and Togo (X pairs) represented the largest exporter of leather footwear in Western Africa, committing X% of total export. Cote d'Ivoire (X pairs) ranks next in terms of the total exports with a X% share, followed by Liberia (X%). The following exporters - Senegal (X pairs) and Mauritania (X pairs) - each recorded an X% share of total exports.

From 2007 to 2017, the biggest increases were in Togo, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest leather footwear supplying countries in Western Africa were Nigeria ($X), Sierra Leone ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports. These countries were followed by Togo, Liberia, Mauritania and Senegal, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The leather footwear export price in Western Africa stood at $X per pair in 2017, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. Over the period under review, export prices reached the maximum in 2017 and is likely to see steady growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other leaders experienced more modest paces of growth.

Leather Footwear Imports

Imports in Western Africa

In 2017, overseas purchases of leather footwear increased by X% to X pairs, rising for the third year in a row after three years of decline. In general, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. The volume of import peaked at X pairs in 2007; however, from 2008 to 2017, imports remained at a lower figure.

In value terms, leather footwear imports shrank to $X in 2017. Overall, imports, however, continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2017, imports remained at a lower figure.

Imports by Country

Cote d'Ivoire was the key importing country with an import of about X pairs, which recorded X% of total imports. Guinea (X pairs) held the second position in the ranking, followed by Senegal (X pairs), Ghana (X pairs) and Nigeria (X pairs). All these countries together took approx. X% share of total imports. Liberia (X pairs) and Gambia (X pairs) held a relatively small share of total imports.

From 2007 to 2017, the biggest increases were in Gambia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported leather footwear in Western Africa, comprising X% of total imports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total imports. It was followed by Guinea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Cote d'Ivoire stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+X% per year) and Guinea (-X% per year).

Import Prices by Country

In 2017, the leather footwear import price in Western Africa amounted to $X per pair, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per pair in 2016, and then reduced notably in the following year.

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

From 2007 to 2017, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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