Athletic Footwear Market Overview in Ireland
Market Overview
For the third consecutive year, the Irish athletic footwear market recorded growth in sales value, which increased by 
% to $ in 2019. In general, consumption continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. Athletic footwear consumption peaked in 2019 and is likely to see gradual growth in the near future.
% to $ in 2019. In general, consumption continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. Athletic footwear consumption peaked in 2019 and is likely to see gradual growth in the near future.Consumption
In 2019, the amount of athletic footwear consumed in Ireland soared to pairs, increasing by % compared with the year before. Over the period under review, consumption recorded noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Over the period under review, consumption attained the maximum volume in 2019 and is likely to see steady growth in the immediate term.
The value of the athletic footwear market in Ireland soared to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a resilient increase. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in years to come.
pairs, increasing by % compared with the year before. Over the period under review, consumption recorded noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Over the period under review, consumption attained the maximum volume in 2019 and is likely to see steady growth in the immediate term.The value of the athletic footwear market in Ireland soared to $
in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a resilient increase. The growth pace was the most rapid in 2015 with an increase of % against the previous year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in years to come.Market Forecast
Driven by increasing demand for athletic footwear in Ireland, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to pairs by the end of .
% for the period from 2019 to , which is projected to bring the market volume to pairs by the end of .Trade Balance
Ireland remains a net importer of athletic footwear; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of pairs, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
pairs, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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