Portuguese footwear exports grow by 1% to 1,865 million euros in "demanding" 2015

02/11/2016

Portuguese footwear exports closed 2015 with a "slight increase" of 1%, equivalent to a new record high of 79 million pairs in the amount of 1,865 million euros, announced the industry association.

Portuguese footwear exports ended 2015 with a "slight increase" of 1%, equivalent to a new record high of 79 million pairs in the amount of 1,865 million euros, today announced the industry association.

According to the Association of Footwear Industry, Components, Leather Goods and Their substitutes (APICCAPS), last year's activity took place in "international scenario highly complex" and was "particularly demanding for the footwear companies", having been marked by "significant losses, but expected given the current situation in countries such as Angola and Russia."

In Angola, it added, footwear exports fell by 15% to 24 million euros, while for Russia it sold less 52%, totaling 21 million euros.

On the other hand, the French market, which takes itself as "the most important for Portuguese companies," lived a temporary situation "deeply adverse".

A 2.7% decline in the context of French imports of footwear in general (in the first 10 months of 2015 France imported least 11 million pairs of shoes than in 2014, for a total of 433 million pairs), sales Portuguese footwear fell 3.6% to 16 million pairs in the amount of 411 million euros.

On the contrary, in 2015, APICCAPS notes the "significant growth" in markets such as Germany, Denmark, Spain and the Netherlands, as well as the sales records set in Australia, Canada, China and UAE.

Of note is the performance in the US, where sales rose 48% in 2015 to 67 million euros.

Currently representing 14% of total exports of footwear sales outside the European Union may, according to the plans of APICCAPS come to reach 20% over the next five years.

Since 2009 Portuguese footwear sales have increased by over 50%, and Portugal spent annually export over 600 million euros more than six years ago and expanded exports to more than 20 new destinations, for a total of 152 countries on five continents .

Considering the row of shoes as a whole - leather goods, components and footwear - in 2015 was surpassed the barrier of 2,000 million euros exported, with sales to rise 1.2% to 2,057 million euros.

With regard to the leather goods and leather goods sector in 2015 increased by 5.7% in exports, to a new record high of 150 million euros, with growth in virtually all markets, especially in Europe (increase from 14% to euro 108 million).

As for overseas markets, currently already represent 28% of total exports of the sector.

According to APICCAPS, Portugal specializes in exporting "bags and bags", with a growth of 15% to 82 million euros, the segment "other leather goods" and "clothing and leather accessories" with 56 and 12 million euros of sales, respectively, also won some space.

Source: http://observador.pt/

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