Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China - 2024
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (FOB) - 2024
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (CIF) - 2024
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (FOB) - 2024
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $7,921 per ton in December 2023, increasing by 5.7% against the previous month. In general, the export price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 6.4% m-o-m. The export price peaked at $8,840 per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($9,031 per ton), while the average price for exports to Nigeria ($3,946 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (CIF) - 2024
The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $16,869 per ton in December 2023, with an increase of 24% against the previous month. Overall, the import price, however, recorded a perceptible contraction. Over the period under review, average import prices attained the maximum at $21,650 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Taiwan (Chinese) ($22,603 per ton), while the price for Indonesia ($7,266 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China
Exports of footwear; parts, outer soles and heels, of rubber or plasticses from China rose significantly to 192K tons in 2022, with an increase of 7.9% compared with 2021 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $1.7B in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 410 | 344 | 491 | 567 | 11.4% |
| Cambodia | 60.7 | 74.5 | 157 | 164 | 39.3% |
| Bangladesh | 83.5 | 81.5 | 146 | 154 | 22.6% |
| Indonesia | 34.6 | 43.0 | 60.8 | 70.9 | 27.0% |
| Myanmar | 16.9 | 24.8 | 34.3 | 61.4 | 53.7% |
| Russia | 40.4 | 38.9 | 52.1 | 59.4 | 13.7% |
| Nigeria | 47.3 | 56.2 | 43.3 | 36.8 | -8.0% |
| Turkey | 10.2 | 13.7 | 18.9 | 30.1 | 43.4% |
| Philippines | 21.4 | 13.9 | 19.7 | 24.5 | 4.6% |
| Egypt | 21.8 | 18.9 | 18.9 | 23.6 | 2.7% |
| South Africa | 22.3 | 26.5 | 27.8 | 19.4 | -4.5% |
| Others | 311 | 287 | 370 | 454 | 13.4% |
| Total | 1,081 | 1,023 | 1,439 | 1,665 | 15.5% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from China in 2022:
- Vietnam (53.9K tons)
- Bangladesh (24.5K tons)
- Cambodia (16.7K tons)
- Myanmar (10.8K tons)
- Russia (10.5K tons)
- Nigeria (9.5K tons)
- Indonesia (7.2K tons)
- Philippines (4.3K tons)
- Turkey (3.4K tons)
- South Africa (2.5K tons)
- Egypt (2.2K tons)
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China
In 2022, approx. 3K tons of footwear; parts, outer soles and heels, of rubber or plasticses were imported into China; which is down by -27.3% against the previous year's figure. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $54M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 23.2 | 20.5 | 16.3 | 26.8 | 4.9% |
| Taiwan (Chinese) | 10.9 | 11.3 | 17.1 | 20.5 | 23.4% |
| Italy | 2.4 | 2.5 | 2.8 | 2.4 | 0.0% |
| South Korea | 0.9 | 0.4 | 0.8 | 0.9 | 0.0% |
| Indonesia | 1.0 | 0.6 | 0.6 | 0.5 | -20.6% |
| Cambodia | 1.9 | 1.5 | 1.2 | 0.5 | -35.9% |
| United States | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Thailand | 1.0 | 1.1 | 1.3 | 0.4 | -26.3% |
| Others | 2.5 | 3.8 | 4.4 | 2.1 | -5.6% |
| Total | 44.0 | 42.0 | 44.6 | 54.4 | 7.3% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to China in 2022:
- Vietnam (1376.5 tons)
- Taiwan (Chinese) (889.5 tons)
- Italy (181.8 tons)
- Cambodia (120.0 tons)
- South Korea (117.2 tons)
- Thailand (59.1 tons)
- United States (45.7 tons)
- Indonesia (38.4 tons)
299
This report provides an in-depth analysis of the market for outer rubber or plastic heels in China.
415
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
299
This report provides an in-depth analysis of the market for outer rubber or plastic heels in China.
415
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
Nothing found. Please try again.
