Middle East: Athletic Footwear Market 2024

Athletic Footwear Market Size in the Middle East

The Middle Eastern athletic footwear market rose markedly to $X in 2023, surging by X% against the previous year. In general, consumption saw a strong expansion. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Athletic Footwear Production in the Middle East

In value terms, athletic footwear production rose significantly to $X in 2023 estimated in export price. Overall, production posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Athletic Footwear Exports

Exports in the Middle East

In 2023, shipments abroad of athletic footwear increased by X% to X pairs, rising for the third consecutive year after two years of decline. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, athletic footwear exports surged to $X in 2023. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

Turkey represented the key exporter of athletic footwear in the Middle East, with the volume of exports reaching X pairs, which was approx. X% of total exports in 2023. The United Arab Emirates (X pairs) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%) and Oman (X%). Israel (X pairs) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to athletic footwear exports from Turkey stood at X%. At the same time, Oman (X%), Iran (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Turkey, Iran and Oman increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Oman ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per pair, with an increase of X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, athletic footwear export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per pair in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Israel ($X per pair), while Turkey ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Athletic Footwear Imports

Imports in the Middle East

In 2023, imports of athletic footwear in the Middle East soared to X pairs, growing by X% on the previous year's figure. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, athletic footwear imports skyrocketed to $X in 2023. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, the United Arab Emirates (X pairs) and Turkey (X pairs) were the key importers of athletic footwear in the Middle East, together accounting for near X% of total imports. Saudi Arabia (X pairs) held the next position in the ranking, distantly followed by Kuwait (X pairs), Qatar (X pairs) and Israel (X pairs). All these countries together took near X% share of total imports. Iraq (X pairs) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest athletic footwear importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising X% of total imports.

In terms of the main importing countries, Turkey, 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 2023, the import price in the Middle East amounted to $X per pair, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform