Egypt: Athletic Footwear Market 2024

Athletic Footwear Market Size in Egypt

In 2022, the Egyptian athletic footwear market decreased by X% to $X, falling for the fifth year in a row after four years of growth. In general, consumption continues to indicate a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Athletic Footwear Production in Egypt

In value terms, athletic footwear production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. Athletic footwear production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Athletic Footwear Exports

Exports from Egypt

In 2022, approx. X pairs of athletic footwear were exported from Egypt; increasing by X% on the previous year's figure. Overall, exports continue to indicate noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, athletic footwear exports surged to $X in 2022. In general, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sudan (X pairs) was the main destination for athletic footwear exports from Egypt, accounting for a X% share of total exports. Moreover, athletic footwear exports to Sudan exceeded the volume sent to the second major destination, Libya (X pairs), twofold. The third position in this ranking was taken by Turkey (X pairs), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Turkey (X% per year).

In value terms, Sudan ($X) emerged as the key foreign market for athletic footwear exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Libya ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Sudan amounted to X.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Turkey (X% per year).

Export Prices by Country

The average athletic footwear export price stood at $X per pair in 2022, growing by X% against the previous year. Over the period under review, the export price showed a perceptible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($X per pair) and Libya ($X per pair), while the average price for exports to Lebanon ($X per pair) and Cyprus ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Egypt

For the fifth consecutive year, Egypt recorded decline in purchases abroad of athletic footwear, which decreased by X% to X pairs in 2022. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X pairs in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, athletic footwear imports reduced markedly to $X in 2022. Overall, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X pairs), China (X pairs) and Indonesia (X pairs) were the main suppliers of athletic footwear imports to Egypt, with a combined X% share of total imports. Italy, India, Portugal, Germany and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Vietnam ($X), China ($X) and Indonesia ($X) were the largest athletic footwear suppliers to Egypt, together comprising X% of total imports. Italy, India, Portugal, Germany and the United States lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average athletic footwear import price amounted to $X per pair, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price reached the peak level of $X per pair, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per pair) and Portugal ($X per pair), while the price for Germany ($X per pair) and Italy ($X per pair) were amongst the lowest.

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

Source: IndexBox Platform

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