The international exhibition of machinery and technologies for the footwear, leather goods and tanning industries demonstrated the vitality of a strategic sector for the Italian economy, committed to a digital and sustainable transition
We spoke with Boboev Fakhriddin, Chairman of the Association of Leather and Footwear Producers of Uzbekistan, to find out a little more about one of the fastest-growing industries in Central Asia
From July to October, footwear exports declined by about 15% in value, as compared to the same period of last year, mainly driven by the performance of the leather footwear segment
In 2022, global footwear production reached 23.9 billion pairs, increasing by 7.6% compared to the previous year. A group of 10 countries accounted for 88% of all footwear produce in the world
The know-how accumulated over generations and the constant commitment to professional qualification appear to be the competitive trump cards of the Portuguese leather goods sector, which, in 2022, saw its exports grow by 39%
According to the Colombian Ministry of Commerce, Industry and Tourism (MinCIT), leather exports declined at an average annual rate of 8.5% from 2015 to 2022
Sales for German manufacturers in the Textile Care, Fabric and Leather Technologies sectors grew from January to August 2023, despite the decrease in orders, says VDMA
Footwear exports recorded a notable increase of 9% in 2022, reaching a total of 15.2 billion pairs. The 10 main exporting countries represented almost 90% of the worldwide total
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
In a year when Brazilian footwear exports slowed down due to the difficult international economic context, Argentina surpassed the US as the main destination for yellow and green footwear
It’s not all bad news. The downward trend recorded by the TCF deflated retail sales index from April onwards remains above last year’s figures, and consumer confidence is about to reach a positive threshold. However, consumer footwear prices show yet no signs of slowing down, and, above all, imports in the category seem to be declining. These two factors could in fact be a warning of a further deterioration in footwear demand in Spain by the end of the year
According to the Pakistan Bureau of Statistics (PBS), footwear exports from July and August decreased by 12.75% year-on-year, mainly due to the drop recorded in the leather footwear segment
Expectations of a slowdown in the country's footwear industry materialised in the second quarter of 2023. Both the volume of exports and production are falling, as is household spending
In 2022, the Asian country exported 387 million pairs of leather shoes, with a total value of 9.6 billion US dollars, overtaking Italy in the second position