Athletic Footwear Market Overview in Russia
In value terms, athletic footwear production totaled $ in 2019 estimated in export prices. In general, production showed a modest increase. The pace of growth was the most pronounced in 2016 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2017 to 2019, production growth remained at a lower figure.
The revenue of the athletic footwear market in Russia fell slightly to $ in 2019, shrinking 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, the total consumption indicated a resilient expansion 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, consumption decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2018 to 2019, the growth of the market remained at a somewhat lower figure.