International Trade
German leather goods and luggage industry expects challenging second half
Falling sales and imports in the first half of 2024 show the difficult moment the German leather goods industry is experiencing, with little hope of a turnaround in the second half of the year
AAFA urges US President Biden to prevent potential strikes at the East and Gulf Coast ports
The AAFA is urging the US administration to intervene and prevent strikes at East and Gulf Coast ports. These ports accounted for 53% of all US apparel, footwear and accessories imports in 2023
Cambodian garments, footwear and travel goods exports on the rise
In the first eight months of 2024, Cambodian’s exports of garments, footwear and travel goods increased by 22.8% as compared to the same period of last year
Italian footwear sector hits the brakes in the first half of the year
The latest snapshot from the Confindustria Accessori Moda Research Centre for Assocalzaturifici shows that the footwear sector saw its turnover, exports and production fall in the first half
Brazilian footwear: trade balance falls by 30% up to August
Brazilian footwear exports continue to fall, while imports continue to rise, leading to a 30% drop in the sector’s trade balance. Low international consumption and competing Asian players are behind the decline, says Abicalçados
Asia accounts for more than half of the global footwear consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
German footwear industry at a standstill
The German footwear industry remains cautious, according to the industry association HDS/L, and does not expect an upturn in the second half of the year
Leather footwear leads exports in value, but rubber & plastic leads in volume
Leather footwear accounts for 38% of the total value. In terms of volume, rubber & plastic footwear commands the pole position, accounting for half of the global exports, according to the latest World Footwear Yearbook
Asia accounts for more than half of global consumption
The dominance of the Asian continent in the consumption of footwear continues, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Pakistani footwear exports end the year in the red
In the twelve months to June 2024, Pakistan’s footwear exports fell by 9.22% in value and 4.12% in volume, as compared to the previous year. Leather footwear exports took the biggest hit
Average worldwide export price continues an upward trend to reach $12
Prices of footwear continued to increase in 2023, as revealed by the latest World Footwear Yearbook, as recently released by APICCAPS, the Portuguese Footwear Association. $12 threshold reached
A significant setback for footwear exports in 2023
The latest data published in the World Footwear Yearbook 2024, recently released by APICCAPS, the Portuguese Footwear Association, reveals a drop in footwear exports last year, both in value and volume
Global footwear production down by 1.5 billion pairs in 2023
Last year saw footwear production and exports decline by 6% and 9.1% respectively, according to data published in the World Footwear Yearbook 2024, as recently released by APICCAPS, the Portuguese Footwear Association
Disruptions in the Red Sea continued into the third quarter
Global ocean carrier AP Moller-Maersk has warned that the coming months will be difficult for both carriers and businesses as the conflicts in the Red Sea continue to affect the normal functioning of supply chains
Upward trend in Vietnamese exports of leather, footwear and handbags
Based on positive results so far, Vietnam’s exports of leather, footwear and handbags could reach 26 to 27 billion USD by the end of the year, according to Lefaso-
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