Eastern Europe: Footwear Treatments Market 2024

Footwear Treatments Market Size in Eastern Europe

In 2022, the East European footwear treatments market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, showed a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Footwear Treatments Production in Eastern Europe

In value terms, footwear treatments production declined to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Footwear Treatments Exports

Exports in Eastern Europe

In 2022, overseas shipments of polishes and creams for footwear or leather increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, footwear treatments exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by the Czech Republic (X tons) and Russia (X tons), together mixing up a X% share of total exports. Bulgaria (X tons), Lithuania (X tons) and Hungary (X tons) followed a long way behind the leaders.

Exports from Poland decreased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Russia and the Czech Republic experienced a relatively flat trend pattern. By contrast, Bulgaria (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bulgaria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest footwear treatments supplying countries in Eastern Europe were Poland ($X), Bulgaria ($X) and the Czech Republic ($X), with a combined X% share of total exports.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price 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. Based on 2022 figures, footwear treatments export price increased by X% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Footwear Treatments Imports

Imports in Eastern Europe

In 2022, purchases abroad of polishes and creams for footwear or leather increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, showed a perceptible slump. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, footwear treatments imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a pronounced curtailment. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of polishes and creams for footwear or leather, namely Russia, Bulgaria and Poland, represented more than two-thirds of total import. It was distantly followed by Ukraine (X tons) and Romania (X tons), together achieving a X% share of total imports. The Czech Republic (X tons) and Hungary (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Bulgaria ($X), Russia ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Eastern Europe amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Bulgaria ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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