International Trade
10 countries were responsible for 88% of total footwear production
In 2022, global footwear production reached 23.9 billion pairs, increasing by 7.6% compared to the previous year. A group of 10 countries accounted for 88% of all footwear produce in the world
UK Retail: stabilisation of the footwear trade is the best we can hope for at the moment
The bad weather in July and August may not have helped retail over the summer, but it would be ill-advised to believe that’s what it’s all about. Despite some improvements in the general consumer price index, the footwear segment continues to show some resistance to going along with the trend. Inflation will have to continue to fall in order to contribute to sustained sales growth in the future, as most consumers have too much on their plate to spend on non-discretionary items. The only positive sign comes from imports, whose data seems to indicate that at least a stabilisation in retail trade is on the horizon
Colombian leather exports continue to fall
According to the Colombian Ministry of Commerce, Industry and Tourism (MinCIT), leather exports declined at an average annual rate of 8.5% from 2015 to 2022
Group of 10 countries accounts for 90% of global footwear exports
Footwear exports recorded a notable increase of 9% in 2022, reaching a total of 15.2 billion pairs. The 10 main exporting countries represented almost 90% of the worldwide total
Bangladesh’s leather footwear exports fall by 33%
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
Argentina surpasses the US as the main destination for Brazilian footwear
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear
Spain Retail: the future of footwear retail is clouded for the rest of the year
It’s not all bad news. The downward trend recorded by the TCF deflated retail sales index from April onwards remains above last year’s figures, and consumer confidence is about to reach a positive threshold. However, consumer footwear prices show yet no signs of slowing down, and, above all, imports in the category seem to be declining. These two factors could in fact be a warning of a further deterioration in footwear demand in Spain by the end of the year
5 reasons to attend the World Footwear Congress in Istanbul
Carmen Arias Castellano, General Secretary at the European Confederation of the Footwear Industry (CEC), invites the global industry to join in Istanbul for the next edition of the World Footwear Congress. Watch Carmen's invitation
Rising imports worry the Brazilian footwear industry
In August, Brazilian footwear imports grew by 62% in volume and 42% in value, on a comparable basis to the same month of 2022. Asia already accounts for 85% of the total, says Abicalçados
Pakistan: footwear exports decline in value at the start of the year
According to the Pakistan Bureau of Statistics (PBS), footwear exports from July and August decreased by 12.75% year-on-year, mainly due to the drop recorded in the leather footwear segment
China and Belarus to strengthen bilateral cooperation in the leather sector
The China Leather Industry Association and the Belarusian State Light Industry Agency have signed a cooperating agreement to promote bilateral leather trade between the two countries
Italian footwear industry decelerates
Expectations of a slowdown in the country's footwear industry materialised in the second quarter of 2023. Both the volume of exports and production are falling, as is household spending
Vietnam secures the 2nd position amongst leather footwear exporters
In 2022, the Asian country exported 387 million pairs of leather shoes, with a total value of 9.6 billion US dollars, overtaking Italy in the second position
Bangladeshi leather exports decline
From July to August, Bangladesh posted a 12.73% decline in leather exports, as compared to the same period of last fiscal year. Only the leather goods segment grew in the period
Italian footwear exports to Russia increase despite the current context
Exports of Italian footwear to Russia increased in value and volume in the first quarter of 2023, as compared to the same period last year-
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