World­wide footwear ex­ports in de­cline

Shoes & Accessories - - The Month That Was Updates | International -

The last decade has seen strong growth of footwear ex­ports world­wide with vol­ume in­creas­ing by 25% to 13.9 bil­lion pairs and value by 78%, to 122 bil­lion dol­lars, ac­cord­ing to the lat­est edi­tion of the World Footwear Year­book launched by APICCAPS, the Por­tuguese Footwear, Com­po­nents and Leather Goods Man­u­fac­tur­ers’ As­so­ci­a­tion. How­ever, over the last two years ex­ports have fallen by 6% in vol­ume and by 8% in value. This sug­gests that a new phase in the de­vel­op­ment of the in­dus­try may have ar­rived. As such, ex­ports are re­flect­ing the trend also ob­served in pro­duc­tion in re­cent years. Ac­cord­ing to the same source, the world­wide footwear pro­duc­tion stalled at 23 bil­lion pairs in the last two years, af­ter climb­ing 15% be­tween 2010 and 2014.

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