Spain's footwear exports top pre-pandemic levels
Spanish footwear exports recovered to 2019 levels in the first five months, despite events in Ukraine and declining sales in China, according to the Federation of the Spanish Footwear Industry (FICE), writes Worldfootwear.com
Thus, from January to May 2022, Spanish footwear exports amounted to 1,23 billion euros, reflecting an increase of 19,2% and 3,3% compared to the same period in 2021 and 2019, respectively.
Compared to 2021, in those five months, Spanish shoes grew in all of their major markets except China (down 43,5%), Japan (down 12,2%) and Denmark (down 24,5%). Due to the military conflict in Ukraine, footwear exports to Russia decreased by 62,4% compared to last year, while exports to Ukraine decreased by 54,2%.
FICE notes that in the first five months of this year, Spain increased its exports to France (growth by 7,2%), Italy (growth by 8,4%), Germany (growth by 9,1%), Portugal (growth by by 15,7%), Poland (growth by 47,6%), the Netherlands (growth by 26,1%), Turkey (growth by 69,6%), Canada (growth by 10,9%), Ireland (growth by by 79,3%), Sweden (up 50,6%), Switzerland (up 14,4%), Israel (up 47,7%) and the United States (up 27,7%) compared to the same 2019, before the start of the COVID-19 pandemic.
Spain is one of the world's top ten exporters and ranks 11th in the world in footwear imports. The Spanish footwear industry, mainly centered in Valencia, is among the top 20 global manufacturers. In 2021, the industry has largely recovered from the previous year's decline, with production and exports growing strongly.
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