SADC: Waterproof Footwear Market 2024

Waterproof Footwear Market Size in SADC

In 2022, the SADC waterproof footwear market increased by X% to $X, rising for the second consecutive year after six years of decline. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Waterproof Footwear Production in SADC

In value terms, waterproof footwear production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Waterproof Footwear Exports

Exports in SADC

In 2022, shipments abroad of waterproof footwear decreased by X% to X pairs for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased 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. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, waterproof footwear exports dropped to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X pairs) was the major exporter of waterproof footwear in SADC, making up X% of total export.

South Africa was also the fastest-growing in terms of the waterproof footwear exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest waterproof footwear supplier in SADC.

In South Africa, waterproof footwear exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per pair in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Waterproof Footwear Imports

Imports in SADC

In 2022, overseas purchases of waterproof footwear increased by X% to X pairs, rising for the second year in a row after three years of decline. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X pairs. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, waterproof footwear imports expanded markedly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa was the key importer of waterproof footwear in SADC, with the volume of imports finishing at X pairs, which was near X% of total imports in 2022. Zimbabwe (X pairs) ranks second in terms of the total imports with an X% share, followed by Tanzania (X%) and Zambia (X%). Mauritius (X pairs), Mozambique (X pairs), Democratic Republic of the Congo (X pairs), Angola (X pairs), Botswana (X pairs), Namibia (X pairs), Swaziland (X pairs) and Lesotho (X pairs) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to waterproof footwear imports into South Africa stood at X%. At the same time, Zambia (X%), Botswana (X%), Zimbabwe (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Namibia (X%), Tanzania (X%), Swaziland (X%), Mozambique (X%), Mauritius (X%), Democratic Republic of the Congo (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Zimbabwe (X p.p.), Democratic Republic of the Congo (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Swaziland (X p.p.), Tanzania (X p.p.), Mozambique (X p.p.), Mauritius (X p.p.) and Angola (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Zimbabwe ($X) and Zambia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Zambia, with a CAGR of X%, 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 import price in SADC amounted to $X per pair, approximately mirroring the previous year. In general, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per pair in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per pair), while South Africa ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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