World Footwear Yearbook 2015 - Snapshot

SNAPSHOT VERSION by

PORTUGUESE SHOES For full version visit www.worldfootwear.com

This is a promotional version of the World Footwear Yearbook 2015. For the full version visit: www.worldfootwear.com If you wish to use our data please refer the source as: World Footwear Yearbook 2015 (www.worldfootwear.com)

DISCLAIMER Figures in this report are APICCAPS’ best estimates of the value of the corresponding variables. Although due care was taken in the preparation of the report, APICCAPS cannot guarantee the accuracy or completeness of the report and cannot be held responsible for any error or loss resulting from its use. Other organizations quoted herein are in no way responsible for the content of the report or the consequences of its use.

COPYRIGHT APICCAPS 2015 Detailed terms at www.worldfootwear.com 2 | www.worldfootwear.com

PRODUCTION According to APICCAPS estimates, the worldwide production of footwear in 2014 reached 24.3 billion pairs, up by 8% from the previous year.

Asia added one more percentage point to its dominant production share, climbing to 88%. Europe’s share slightly decreased with Africa’s moving in the opposite direction. At the country level, last year, China slightly reinforced its leadership of footwear producing countries, getting closer to the twothirds share threshold. On the whole, Asia is the source of 88% of the footwear produced worldwide, a share slightly up from previous years’ World Footwear Yearbook editions.

DISTRIBUTION OF FOOTWEAR PRODUCTION BY CONTINENTS (QUANTITY) 2014

Europe 3%

North America 2%

South America 5%

Asia 88%

Africa 3%

Oceania 0%

www.worldfootwear.com | 3

CONSUMPTION UK

NO SE FI

523 CA

Rus

IE

163

United Sates

NL

THE EUROPEAN UNION’S AGGREGATED CONSUMPTION WAS THE WORLD’S SECOND MAJOR FOLLOWING CHINA.

Mexico

110

BE

CZ

France

435

CH Italy

312

Spain PT

PL

Germany

115 435

2 771

2 295

41

DK

European Union

UA

SK

RO

HU

AU SI

72 BG

HR

GR

258

319 MA

77

DZ

TN

LY

EG

Nigeria

146

CO

88 77

807

200

230 AR

136

4 | www.worldfootwear.com

Angola

South Africa

CL

THE AREA OF EACH SQUARE IS INTENDED TO BE PROPORTIONAL TO THE NUMBER OF PAIRS CONSUMED IN EACH COUNTRY

185

VE

Brazil PE

UG

KE

SA

105

WORLD FOOTWEAR CONSUMPTION 2014

Russia Fed.

411

0

China

3 646

Japan

608

UA

SK

72

Korea, R.

KZ

89

RO Iran

BG Turkey GR

180

199

Pakistan

LB IQ IL

388

83

AE

SA

160

105

395

HK

85 NP

India

2 048

Bangladesh

285

VN

TH

90

KH

183

MY

PH

260 SG

99 Indonesia

548

Australia

142

NZ

China is the largest market for footwear, in number of shoes, followed at some distance by the USA and India. In 2014, this table is mostly unchanged from the previous year with the exception of Russia falling two positions, being overtaken by Germany and France. www.worldfootwear.com | 5

EXPORTS International footwear trade continues to grow at double-digit rates. In 2014 the number of pairs exported worldwide exceeded 16 billion, valued at 133 billion US dollars: the highest values ever.

WORLD FOOTWEAR EXPORTS 2004-2014

140

18

USD

120

15 Pairs

12

80 9

60 6

40

3

20 0

0

04

05

06

07

08

09

Chart 5 | World Footwear Exports 2004-2014 6 | www.worldfootwear.com

10

11

12

13

14

BILLION PAIRS

BILLION USD

100

TOP EXPORTERS Ten out of the top 15 exporters of footwear, in terms of value, are European countries. However, China is the unchallenged leader of this rank, with a market share above 40% for a second year. In 2014 Vietnam increased its market share by almost one full percentage point and displaced Italy as the world’s second exporter. There is now no country in this table outside Asia and Europe.

WORLD TOP 15 EXPORTERS IN 2014 (VALUE) RANK

COUNTRY

USD (MILLIONS)

WORLD SHARE

1

China

53 837

40.5%

2

Vietnam

12 200

9.2%

3

Italy

11 138

8.4%

4

Belgium

5 566

4.2%

5

Germany

5 166

3.9%

6

Indonesia

4 761

3.6%

7

Hong Kong

4 014

3.0%

8

Spain

3 540

2.7%

9

Netherlands

3 295

2.5%

10

France

3 095

2.3%

11

India

2 610

2.0%

12

Portugal

2 452

1.8%

13

United Kingdom

2 079

1.6%

14

Romania

1 374

1.0%

15

Slovakia

1 226

0.9%

www.worldfootwear.com | 7

EXPORT PRICES The difference between the growth rates of value and quantity result in a clear upward trend for the average export price which increased by 36% between 2004 and 2014. This trend was only interrupted by the 2009 international economic crisis and again last year, when price declined slightly (2%) to its current level of 8.12 US dollars.

WORLD AVERAGE EXPORT PRICE 2004-2014

$9 $8.12

$8 $7.37

$7 $6

$6.71 $5.97

$5 $4 04

05

8 | www.worldfootwear.com

06

07

08

09

10

11

12

13

14

ITALY $50.92

AVERAGE EXPORT PRICE AMONG THE TOP 15 WORLD EXPORTERS

PORTUGAL $31.88 FRANCE $31.74 BELGIUM $24.50 ROMANIA $24.01 GERMANY $22.62 SPAIN $22.03 INDONESIA $20.88 NETHERLANDS $19.99 SLOVAKIA $17.20 HONG KONG $16.65 VIETNAM $16.09 INDIA $13.08 UK $12.83 CHINA $4.44

Among the Top 15 exporters, Italy records the highest average export price (50.92 US Dollars) followed by Portugal and France www.worldfootwear.com | 9

79 COUNTRY PROFILES Albania Algeria Angola Argentina Australia Austria Bangladesh Belarus Belgium Bosnia Herzegovina Brazil Bulgaria Cambodia Canada Cape Verde Chile China Colombia Costa Rica Croatia Cyprus Czech Rep. Denmark Dominican Rep. Ecuador Egypt El Salvador Estonia Finland France Germany Greece

10 | www.worldfootwear.com

Guatemala Hong Kong Hungary India Indonesia Ireland Israel Italy Japan Kazakhstan Korea, Rep. Latvia Lebanon Lithuania Luxembourg Malaysia Mexico Morocco Netherlands New Zealand Norway Pakistan Peru Philippines Poland Portugal Romania Russian Federation Saudi Arabia Serbia Singapore Slovakia

Slovenia South Africa Spain Sweden Switzerland Thailand Tunisia Turkey Uganda Ukraine United Arab Emirates United Kingdom USA Venezuela Vietnam

79 COUNTRY PROFILES WITH ALL THE RELEVANT INFORMATION FOR EACH OF THEM

FOR EACH MARKET SHORT COUNTRY CHARACTERIZATION

CY REN CuR o EUr

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10

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7%

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RUBB

5%

+130

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177

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13%

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235

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337

TIC

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DYNAMIC ANALYSIS OF EXPORTS AND IMPORTS BY MARKET

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pa ly ot DE stry ing S xtile fo the la l is high ES r indu te bour ENT over OYE EMPL REC ese footwearformance 4%. Portugakets. Neighplastic and 3 ar ly gu pe 1 33 er & SD) Portu a strong sen by on opean m rubb ion u The 516 ed (Mill ve ri ily to Eur mostly of er R ha st 6 ar rts NOVE ist regi 816 122.

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77%

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21

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52 lands

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ntity Qua e Shar

n Millio s Pair

e Valu e Shar

57

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04 05

14

59

belgi

13%

47%

12 13

263

Italy 45%

17%

13

10 11

Spain

41%

21%

16

23%

566

ntity Qua e Shar

n Millio s Pair

e Valu e Shar

n Millio USD

orT EXP ETS K MAr

orT IMP ETS K MAr

n riatio ars Va | % 5 Ye n Last Millio USD

09

n Millio USD

49

52

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08

07

06

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75

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500 0

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54

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MAIN NUMBERS FOR THE LOCAL FOOTWEAR SECTOR

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$31

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50

17

32

597

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EXP

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77

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RELEVANT ORGANIZATIONS AND EVENTS

www.worldfootwear.com | 11

PORTUGAL POPULATION

11 million

LANGUAGE

Portuguese

GDP PER CAPITA

22 130 USD

GDP 2014

230 billion USD

∆ GDP 2014

0.9%

∆ GDP Last 5 Years

-4.7%

CAPITAL

AREA (Km2)

CURRENCY

LISBON

92 090

EUROS

FOOTWEAR INDUSTRY 2014 VALUE

QUANTITY

PRICE

Million USD

World Rank

Million Pairs

World Rank

USD

EXPORTS

2 452

12

77

17

$31.88

IMPORTS

597

32

54

37

$11.09

PRODUCTION

75

19

CONSUMPTION

52

49

EXPORT TRADING PARTNERS 2014 EXPORT MARKETS

Million USD

Value Share

Million Pairs

Quantity Share

France

566

23%

16

21%

Germany

451

18%

13

17%

Netherlands

337

14%

10

13%

Spain

235

10%

10

13%

United Kingdom

177

7%

6

8%

Last 5 Years Variation USD Million | % 41% 45% 47%

RECENT DEVELOPMENTS The Portuguese footwear industry, localized mostly in the neighbourhood of Porto, has registered a strong performance over the last five years, with exports growing by 43% while imports have risen by only 4%.

Portugal is highly specialized in leather footwear which it exports primarily to European markets. Neighbouring Spain is the main supplier of imports which consist mostly of rubber & plastic and textile footwear.

12 | www.worldfootwear.com

13%

+130

+105

+76

+66

Germany

Netherlands

Spain

France

MAIN PLAYERS Gabor Portugal - Indústria de Calçado, Lda Sopropé - Organizações de Calçado, S.A. Ecco’Let (Portugal) - Fábrica de Sapatos, Lda Fortunato O.Frederico & Ca., Lda Investshoes - Distribuidores de Calçado S.A. Aco - Fábrica de Calçado, S.A.

122.6 83.1 56.4 45.6 45.3 45.0

1 333 516 816 344 218 400

EXPORTS AND IMPORTS EVOLUTION QUANTITY (Million Pairs) 90 80 70 60 50 40 30 20 10 0

VALUE (Million USD)

EXPORTS

EXPORTS

3 000 2 500 2 000 1 500

IMPORTS

1 000

IMPORTS

500 04

05

06

07

08

09

10

11

12

0

13 14

04

05

06

07

08

09

10

11

12

13 14

TYPES OF FOOTWEAR TRADED 2013 (Quantity)

5%

5%

7%

7% 2%

6%

WATERPROOF

RUBBER & PLASTIC

EXPORTS

30%

LEATHER

44%

IMPORTS

TEXTILE

77%

17%

OTHER

IMPORTS TRADING PARTNERS 2014 IMPORT MARKETS

Million USD

Spain

Value Share

Million Pairs

Quantity Share

263

44%

21

38%

Belgium

59

10%

2

4%

Italy

57

10%

2

4%

Netherlands

52

9%

7

13%

France

47

8%

3

5%

SECTORIAL ORGANIZATIONS • APICCAPS – Portuguese Footwear, Components and Leather Goods Manufacturers’ Association | www.apiccaps.pt • CTCP - Portuguese Footwear Technological Centre | www.ctcp.pt

Last 5 Years Variation USD Million | % 61%

147%

+18

+18

+14

-71% -15

Germany

France

Ireland

Brazil

FAIRS & EVENTS • n.a.

www.worldfootwear.com | 13

EVENTS CALENDAR

ALL INTERNATIONAL FOOTWEAR EVENTS ON YOUR IPHONE OR IPAD AGENDA

HOW IT WORKS? The World Footwear Events Calendar is a list of events shared through an internet address.

We list the events related to the footwear sector, specifically fairs. You can have the list of fairs available at your favorite calendar application always synchronized.

We publish the event list and your device connects to our server to download any updates.

HOW TO SUBSCRIBE? The World Footwear Events Calendar can work on different systems / software to manage your agenda.

For iPhone or iPad you just have to follow the link provided by the QR code on this page.

For other systems you can find detailed instructions at www.worldfootwear.com.

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INTELLIGENCE TO DRIVE YOUR BUSINESS www.worldfootwear.com www.worldfootwear.com | 15

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