Athletic Footwear Market Overview in Kazakhstan
In value terms, athletic footwear production rose markedly to $ in 2019 estimated in export prices. Overall, the total production indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2012 indices. The pace of growth appeared the most rapid in 2015 with an increase of % against the previous year. Over the period under review, production attained the peak level in 2019 and is likely to see steady growth in the immediate term.
The value of the athletic footwear market in Kazakhstan fell slightly to $ in 2019, waning 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). Over the period under review, consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. Kazakhstan consumption peaked at $ in 2018, and then contracted in the following year.