In the first half of 2017, shoe imports in Russia increased by 41,9% in physical terms and by 32,6% in value, writes worldfootwear.com
Shoe imports in Russia doubled in the first half of 2017. If this growth continues, by the end of the year the volume of supplies of shoes to Russia could reach about $ 3 billion. Positive dynamics in the development of import of shoes in Russia has been observed for the second year after a massive drop in 2014 and 2015. Russian imports fell from $ 4,28 billion in 2013 to $ 2,25 billion in 2015.
China remains the main supplier of shoes to Russia, the share of this country in the volume of Russian imports is 51%, despite the fact that over the past five years, the supply of shoes from China to Russia has decreased by a third. Five countries provide about 80% of Russian shoe imports: China (51%), Italy (12%), Vietnam (10%), Indonesia (4%) and Belarus (3%).
Of the 10 major suppliers of Russia, only India recorded a decrease in supply in value terms by 22,5%. The rest of the countries doubled the volume of imports (except Indonesia, the supply of shoes from which amounted to only 2,6%).
In real terms, the supply of 10 of the main suppliers doubled, with the exception of Indonesia and India, the supply of shoes from these countries decreased by 17,9% and 30,3%, respectively.
Shipment of shoes to Russia from Italy, Spain and Portugal grew rapidly (about 30%) in both quantitative and value terms.
Russia mainly imports genuine leather shoes (48%), rubber and plastic shoes (26%), textile shoes (24%). In the first half of 2017, the volume of purchases in terms of quantity and cost increased in all categories, but the effect on the average price in different categories was different, since the growth rate was different. Thus, the average price for rubber and plastic shoes decreased by 10%, and for textile shoes by 6%. The average price for leather shoes increased by 13%, for shoes with water-repellent properties by 11%.