Global footwear production shows positive dynamics
2017 year was marked by positive dynamics in the global footwear industry. After two years of stabilization, global footwear production has grown again, reaching 2017 billion pairs by 23,5 results, which is 2% more than a year earlier, writes Worldfootwear.com with reference to World Footwear Yearbook research statistics published by the Portuguese Footwear Association APICCAPS .
Although the positive dynamics is far from the active growth in shoe production, which was observed between 2010 and 2014. (+ 14,5%), however, the growth trend is obvious. By geographical distribution, production is still concentrated in Asia, where 87% of all shoes in the world are sewn.
World export of footwear in 2017 grew by 0,7% in quantitative terms and by 3,7% in value.
China, which accounts for two of the three pairs of exported shoes, has also recovered from the negative trend. After a continued decline in exports over the past five years, which resulted in an 6% decrease in the volume of shoe exports in China, in 2017 the country managed to restore positive momentum and increase exports by 0,2 pp
In the reporting year, India caught up with the United States, countries share the second place in the ranking of countries in terms of shoe consumption, due to demographic and economic factors.
China remains at the head of the top ten largest shoe consumers, with Asian countries such as Pakistan, Japan, and Indonesia. These five Asian countries account for 40% of global shoe consumption.
2017 year was marked by positive dynamics in the global footwear industry. After two years of stabilization, global footwear production has again grown, reaching 2017 billion by the results of the 23,5 year ...
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