China achieved 8.7% growth in leather shoe production

2010-01-20

Leather shoe production in November marked 11.6% rising in output value, 1.7 percentage points less than previous month.

The total output value of leather shoe in the first eleven months grew 8.7% to 260.2 billion yuan. In terms of growth rate it posts a 13.9% decline against the same period of 2008.

Annual growth of 4.5% predicted for the global shoe market

2010-01-19

The global footwear market is expected to grow by an annual average rate of 4.5% in value between 2009 and 2013, with the luxury segment enjoying the strongest pace over the period.

This rather optimistic forecast was presented by at the annual convention last month of Anci, the Italian footwear industry association. It was based on research conducted by Corporate Value Associates (CVA) in behalf of Anci.

According to CVA, global sales of footwear are expected to drop by 2.3% to Euros 148 billion in 2009 from Euros 151 billion in 2008. The U.S. market, which represented 31 percent of shoe sales in value in 2008, will experience a 9% drop in turnover this year, according to the survey. Russia, which represented 12 percent of the global shoe market last year, will witness a 3% decline in 2009.

The 2009 forecasts made by CVA for Germany and France are more dramatic than the figures published so far by national statisticians. According to CVA, footwear sales in Germany, 6% of the global market, will fall by 6.6% this year, while those in France, which is also 6% of the market, should book a 4% decline. China, which represents 5% of the market, will instead enjoy a 4.3% increase in sales this year. But from next year on, the market should enjoy constant growth, reaching Euros 153 billion in 2010,  Euros 159 billion in 2011, Euros 167 billion in 2012 and  Euros 176 billion in 2013.

Demand will be underpinned by a growing number of women entering the labour market, consequently boosting their purchasing power; an increase in low-cost imports and the spread of “fast fashion,” offering constantly refreshed collections in the course of the year. The market will also benefit from a return to economic growth and an increase in the number of very affluent people around the world.

Sales of economical shoes, priced below Euros 15 a pair, are forecast increasing by 2-3% per year on average between 2009 and 2013. The turnover of footwear priced between Euros 15 and Euros 50 is seen rising by 1-2%, while sales of shoes priced between Euros 50 and Euros 100 are expected to go up by to 2-4%. The two most expensive segments will grow faster. Sales of shoes priced between Euros 100 and Euros 200 should enjoy annual sales growth of 5-7%, and luxury shoes, priced above Euros 250, should see annual sales rise by 6-8%.

The market share of shoes priced below Euros 15 is set to drop to 32% by 2013 from 33% in 2008, and the share for footwear priced between Euros 15 and Euros 50 will shrink to 34% from 36%. Meanwhile the top-tier segments will all increase their share of the global market. Shoes priced between Euros 50 and Euros 100 percent are due pass to 19% from 18%, those priced between Euros 100 and Euros 250 will rise to 9% from 8% and luxury shoes will reach 6% market share against 5%.

Foreign trade in China leather sector fell

2010-01-18

In the first eleven months of 2009 the export of leather, fur and rallied products declined 6.9% year on year to 35.96 billion US dollars, and the value accounts for 3.4% of national total commodity exportation.

At the same time the import of same products posted a 19% reducing to 4.1 billion US dollars.

New technical for treatment of chromium solid waste comes to apply

2010-01-18

On the appraising meeting for scientific and technological achievements hosted by China Environmental Science Society, an innovation research of recycle solid chromium waste was passed the technical appraisal.

Sodium bichromate is a kind of chemical products widely used in metallurgy, tanning, pigments, dyes, spices, metal surface treatment, wood preservation, military, and other industries and regarded as one of eight important raw materials. However on the production of sodium bichromate the waste of chromium in form of harmful solid are generated that may cause serious pollution to water and soil. According to official statistics there are 400 tones of solid chromium waste waiting for treatment in China.

The technologies that can consume such waste by making low chrome content of iron has filled the gap in this field. The researcher said that application of the new technology could achieve an outstanding outcome on energy saving and pollution emission, namely it can save 0.5 tones of coal and reduce 1.5 tones of carbon dioxide emission on making per ton of sodium bichromate.

Russia raises the customs tariff on import footwear by 10%

2010-01-21

Shoe traders in Russia said sales price will grow 10-15% for shoe in the upcoming spring season, 2.5 extra dollars will be added due to customs tariff increased, the customs duty on imported leather shoe saw a doubled increase.

According to Russian Federal Customs Service, the provision of minimum customs valuation sets for imported goods.

Since January 1, 2010 the minimum value for the footwear imported from EU and America will be 30 US dollars, it will be 21 US dollars imported from China.

A Russian footwear trader explained that the 9.5 US dollars are required to pay tariff for a pairs of shoe, and the previous is 7 US dollars. 

Italian footwear is expected to turn recovery in 2010

2010-01-22

A report in Italian ANSA said the figure from ANCI shows the production in Italian shoemaking sector fell 12.9% from January to September in 2009, situation is still not optimistic. But the report also predicts the trade order in the first half of 2010 can be improved and the industry may turn to recovery in 2010.

Bangladeshi government subsidies KT9 billion to boost exports

2010-01-22

Nowadays Bangladesh Ministry of Finance urged the central bank to subsidy KT9 billion to support the country’s exports that faces huge the pressures as global economy recession. Among them 740 million will be allocated to leather products export.

Bangladesh Ministry of Finance had announced to allocate KT50 billion budget in this fiscal year for suffered industries.

Vietnam: Shoemakers target higher exports

2010-01-25

The footwear industry has targeted a 10-15 per cent growth in exports this year, worth US$4.5-5 billion, said chairman of the Viet Nam Leather and Footwear Association (Lefaso) Nguyen Duc Thuan.

The footwear industry last year faced a decrease of roughly 13 per cent in export turnover over the prior year due to the global economic downturn.

Despite the 10 per cent anti-dumping duties placed on Vietnamese footwear, the EU would remain the largest export market this year, accounting for roughly half or its export earnings, Thuan said. However, domestic footwear producers would have to accept less profit from the market due to the impact of the duties.