Malta: Footwear Market 2020

Footwear Market Size in Malta

The revenue of the footwear market in Malta amounted to $X in 2018, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, footwear consumption, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. In that year, the footwear market attained its peak level of $X. From 2016 to 2018, the growth of the footwear market remained at a somewhat lower figure.

Footwear Exports

Exports from Malta

In 2018, the amount of footwear exported from Malta amounted to X pairs, falling by -X% against the previous year. Overall, footwear exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, footwear exports reached their peak of X pairs. From 2009 to 2018, the growth of footwear exports remained at a lower figure.

In value terms, footwear exports stood at $X in 2018. Overall, footwear exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, footwear exports reached their peak of $X. From 2015 to 2018, the growth of footwear exports remained at a lower figure.

Exports by Country

China prevails in footwear exports structure, resulting at X pairs, which was near X% of total exports in 2018. It was distantly followed by Vietnam (X pairs), constituting a X% share of total exports. The following exporters - Germany (X pairs), Belgium (X pairs), Italy (X pairs), Indonesia (X pairs), Turkey (X pairs), India (X pairs), the Netherlands (X pairs), Spain (X pairs) and the UK (X pairs) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to footwear exports from China stood at -X%. At the same time, the UK (+X%), Turkey (+X%), Vietnam (+X%), India (+X%), the Netherlands (+X%), Indonesia (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium and Italy experienced a relatively flat trend pattern. Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest footwear supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2018, the footwear export price in Malta amounted to $X per pair, falling by -X% against the previous year. Overall, the footwear export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2009 when the export price increased by X% year-to-year. Malta export price peaked at $X per pair in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per pair), while Turkey ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Footwear Imports

Imports into Malta

In 2018, the footwear imports into Malta amounted to X pairs, coming down by -X% against the previous year. Overall, footwear imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Malta imports peaked at X pairs in 2017, and then declined slightly in the following year.

In value terms, footwear imports totaled $X in 2018. In general, footwear imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. In that year, footwear imports attained their peak of $X. From 2016 to 2018, the growth of footwear imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X pairs), distantly followed by Germany (X pairs) and the UK (X pairs) were the key importers of footwear, together making up X% of total imports. Japan (X pairs), France (X pairs), Italy (X pairs), Russia (X pairs), the Philippines (X pairs), India (X pairs), the United Arab Emirates (X pairs), Belgium (X pairs) and Saudi Arabia (X pairs) took a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to footwear imports into the U.S. stood at -X%. At the same time, the Philippines (+X%), Saudi Arabia (+X%), India (+X%), Russia (+X%), Germany (+X%), Belgium (+X%), the United Arab Emirates (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan and Italy experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. The Philippines (+X p.p.), India (+X p.p.), Germany (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global imports, while the U.S. saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest footwear importing markets into Malta were the U.S. ($X), Germany ($X) and France ($X), with a combined X% share of total imports. The UK, Italy, Japan, Russia, Belgium, the United Arab Emirates, the Philippines, India, Saudi Arabia and Malta lagged somewhat behind, together accounting for a further X the main importing countries, the Philippines experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the footwear import price in Malta amounted to $X per pair, jumping by X% against the previous year. In general, the footwear import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Malta import price peaked at $X per pair in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per pair), while India ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform