Trade

After a Decade of Steady Growth, the Average Export Price of Footwear Dipped to $11.47 in 2024

Sep 2, 2025 World Footwear Yearbook

This is one of the key conclusions of the data published in the World Footwear Yearbook 2025, recently released by APICCAPS, the Portuguese Footwear Association. Get access to all relevant facts and figures of the industry

Over the past decade, the average export price of footwear rose significantly — from $8.83 per pair in 2015 to a peak of $11.98 in 2023 — marking a 36% increase. This upward trend reflected rising production costs, a shift toward higher-value products, and inflationary pressures across global supply chains. However, in 2024, this trend saw its first notable reversal, with the average price dipping to $11.47. This decline may indicate an adjustment in product mix or pricing strategies following two years of sharp value growth.