World Footwear Yearbook Snapshot 2017

SNAPSHOT WORLD FOOTWEAR YEARBOOK For full version visit: www.worldfootwear.com

By Portuguese Shoes 1

This is a promotional version of the World Footwear Yearbook 2017. For the full version visit: www.worldfootwear.com If you wish to use our data please refer the source as: World Footwear Yearbook 2017 (www.worldfootwear.com)

Figures in this report correspond to APICCAPS’s best assessment of the value of the corresponding variables, according to the process described under Data and Methods. Although due care has been taken in the preparation of this 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 similarly in no way responsible for the content of this report or the consequences of its use.

TITLE DIRECTOR COORDINATION

World Footwear Yearbook President of APICCAPS APICCAPS’ Studies Office

OWNER

APICCAPS (Portuguese Footwear, Components and Leather Goods Manufacturers’ Association) Rua Alves Redol, 372 | 4050-042 Porto Tel (+351) 225 074 150 | Fax (+351) 225 074 179 editor@worldfootwear.com www.worldfootwear.com www.apiccaps.pt

PRODUCTION COPIES

Maiadouro 12 500

DATE FOR FREE DISTRIBUTION

July 2017

2

APICCAPS 2017 Detailed terms at: www.worldfootwear.com

23 BI PAIRS North America Europe

2%

Asia

4% 87% 2% 5% 0%

Africa South America

Worldwide footwear production stalled at 23 billion pairs in the last two years, after climbing 15% between 2010 and 2014, according to APICCAPS’. Asia’s share of the world total in 2016, 86.7%, is only marginally lower than in previous years.

Oceania

The geography of the industry is not at a standstill, though. The top ten world producers are unchanged from the previous year but, continuing a trend that comes from 2013, China lost 2 percentage points in its production share last year, with Asian countries such as India, Vietnam, Indonesia, Turkey and Bangladesh, as well as Brazil, reinforcing their own share.

3

2016

2010

10.5%

13.5%

Europe Exports: Share in total 2010-2016

EUROPE INCREASED ITS SHARE OF WORLD EXPORTS BY 3 PERCENTAGE POINTS SINCE 2010

4

Reversing the trend observed throughout the previous decade, Europe gained share from 2010 to 2016 in the world footwear market: it now sells 13.5% of all pairs of shoes exported around the globe, the highest percentage in a decade. Asia moved in the opposite direction but still has an overwhelming position as the origin of more than 60% of the value traded.

BE THE FIRST TO KNOW

SUBSCRIBE THE WEEKLY NEWSLETTER AT: WWW.WORLDFOOTWEAR.COM

5

The last decade has seen strong growth of footwear exports worldwide with volume increasing by 25% to 13.9 billion pairs and value by 78%, to 122 billion dollars. However, over the last two years exports have fallen by 6% in volume and by 8% in value. This suggests that a new phase in the development of the industry may have arrived.

6

BILLION PAIRS

BILLION USD

World Footwear Exports 2006-2016

RANK

COUNTRY

1

China

2

Vietnam

USD (MILLIONS)

WORLD SHARE

44 886

36.7%

15 347

12.5%

3

Italy

9 831

8.0%

4

Belgium

5 948

4.9%

5

Germany

5 430

4.4%

6

Indonesia

4 526

3.7%

7

France

3 288

2.7%

8

Netherlands

2 911

2.4%

9

Spain

2 887

2.4%

10

Hong Kong

2 765

2.3%

11

India

2 445

2.0%

12

United Kingdom

2 157

1.8%

13

Portugal

2 129

1.7%

14

Cambodia

1 427

1.2%

15

Poland

1 116

0.9%

Top 15 Exporters (Value) 2016

Nine out of the top 15 exporters of footwear, in terms of value, are European countries. China continues to be the unchallenged leader for this rank with a market share just above 36%. Vietnam consolidated its positon as the second largest exporter, leaving Italy at some distance. No country in this table is from outside Europe and Asia.

7

CANADA 164

USA 2 289

MEXICO 311

GUATEMALA 55 PANAMA 147 COLOMBIA 97

BRAZIL 851

PERU 88

+

-

CHILE 112

ARGENTINA 138

4 000 MILLION PAIRS

8

0

RUSSIAN FEDERATION 420

UK 535

NETHERLANDS 108

POLAND GERMANY 110 UKRAINE 438 80 AUSTRIA FRANCE 56 ROMANIA 403 57 ITALY 318

PORTUGAL 57 SPAIN 235

GREECE 56

KYRGYSTAN 88

TURKEY 322 IRAQ 137

MOROCCO 70 ALGERIA 112

KAZAKHSTAN 60

EGYPT 76

SAUDI ARABIA 133

PAKISTAN 387 INDIA 2 250

BANGLADESH 375

MYANMAR 70 THAILAND 152

SUDAN 70

NIGERIA 130

IRAN 240

UAE 292

REP. KOREA JAPAN 200 659

CHINA 3 871

KENYA 97

HONG KONG 85

VIETNAM 225

PHILIPPINES 250

MALAYSIA 156 SINGAPORE 62 INDONESIA 875

ANGOLA 70

SOUTH AFRICA 224

MOZAMBIQUE 57

AUSTRALIA 152

9

Albania

Czech Rep.

Kazakhstan

Saudi Arabia

Algeria

Denmark

Korea, Rep.

Serbia

Angola

Egypt

Latvia

Singapore

Argentina

El Salvador

Lebanon

Slovakia

Australia

Estonia

Lithuania

Slovenia

Austria

Ethiopia

Luxembourg

South Africa

Bangladesh

Finland

Malaysia

Spain

Belarus

France

Mexico

Sweden

Belgium

Germany

Morocco

Switzerland

Bosnia Herzegovina

Greece

Netherlands

Thailand

Brazil

Guatemala

New Zealand

Tunisia

Bulgaria

Hong Kong

Norway

Turkey

Cambodia

Hungary

Pakistan

Ukraine

Canada

India

Paraguay

U. Arab Emirates

Chile

Indonesia

Peru

U. Kingdom

China

Iran

Philippines

USA

Colombia

Ireland

Poland

Venezuela

Costa Rica

Italy

Portugal

Vietnam

Croatia

Israel

Romania

Cyprus

Japan

Russian Fed.

10

SHORT COUNTRY CHARACTERIZATION

CY

REN

CUR

Euro

m2) EA (K

AR

P

UG ORT

AL

n

illio 10 m

5

92 22

ITAL CAP on Lisb

e

gues

Portu

SD

32 U

19 8

billion

205

TION ULA

POP

USD +1.4%

GE GUA LAN ITA CAP PER GDP

-1.3%

16 P 20

GD

GDP

2016

GDP

S

EAR

T5Y LAS

LAST 10 YEARS EVOLUTION

Y

NTIT

QUA

rts

100 90 80 70 60 50 40 30 20 10 0

rts

3

E

PRIC

E

VALU

82

N PTIO

Million USD

RT EXPO ETS MARK ce Fran

378 any

Germ

s erland

211

Neth

n

6

07 08

09 10

n US

7%

m ngdo

U. Ki

1%

5%

Wa te

3%

12 %

5%

Ru

rp ro

Le at

ile

74 %

EXP

ANALYSIS BY PRODUCT TYPE

ORT

17 %

IM P O

r

RTS

rers’

S

Lda

a brica o, Ld l) - Fá lçad tuga de Ca (Por S.A. stria 'Let ado.

Indú Ecco Calç gal es de r Portu a nizaçõ Gabo Ld , ga CA - Or ico & opé eder Sopr S.A. O. Fr ado, nato Calç Fortu ria de dúst r - In Jefa

35 %

tic

Ot he

15 16 13 14 11 12

95

tos,

he r

Te xt

09 10

Million USD

pa de Sa

of

as & Pl bb er

07 08

15 16 13 14 11 12

42 %

6%

06

ex fa p 10 rters of robust tr pain is th ’s to S orld expo ing. rds a the w leading al reco lt of pric e of ’s ug is on e world pe”. Port as a resu al ug Port among th in Euro exports ry f an st du itsel e th rts.

D) st In mor ion US impo Sexie s grew (Mill rt uese OVER 98.5 impo Portug TURN of .2 half

ce Fran

7%

148

Spai

n

Spai

16%

13

10%

m

ngdo

U. Ki

13%

10

14%

300

ark

Denm

17%

13

18%

USA

20%

17

22%

461

ARS 5 YE LAST ION AT VARI

tity Quan e Shar

06

Impo

ARS +29 5 YE LAST ION AT 160% VARI tity +21 Quan e any Shar 56% Germ Million e +17 Pairs Valu % ce e 47 40% Fran Shar Million -11 29 D s US RT erland 4% -16% Neth 43% IMPO ETS -23 2 MARK 285 a Million % 1% in -3 23 Ch 9% USD n 15 ai 61 Sp 7% Italy 9% 5 +6 4 ium 61 Belg 7% 337% 9% +25 4 a 59 Chin 32% 9% s -23 erland tions 57 Neth posi he -14% r and to be “T -34 ce wea g Fran r foot claimin in 2016 t -14% leathe otwear lus but of almos -100 of ers n fo surp e origin port -18% shio ade

50

ION

Million Pairs

500 0

57

e Valu e Shar

0

1 00

17

SUM

CON

MAIN FIGURES FOR THE LOCAL FOOTWEAR SECTOR

31

9

$11.6

rts

Impo

0

1 50

41

57

662

DUCT

PRO

09 $26.

17

82

13

2 129 RTS EXPO RTS IMPO

n Millio Pairs

World Rank

n Millio USD

0

2 00

D

World Rank

Millio

NTITY

QUA

Expo

0

2 50

USD

rts

irs n Pa Millio

E VALU

000

Expo

42.6 40.4

S

OYEE EMPL

1 240 1 326 663 374 394

n.a.

tu ufac Man oods her G

at d Le nts an pone r, Com otwea

– CAPS APIC

82.9

DYNAMICS ANALYSIS OF EXPORTS AND IMPORTS BY MARKET

se Fo ugue Port

MAIN COMPANIES

com

ear. footw

96

d .worl www

REVELANT ORGANIZATIONS AND EVENTS 11

CAPITAL

AREA (Km2)

CURRENCY

Lisbon

92 225

Euro

POPULATION

10 million

LANGUAGE

Portuguese

GDP PER CAPITA

19 832 USD

GDP 2016

205 billion USD

GDP 2016

+1.4%

GDP LAST 5 YEARS

-1.3%

FOOTWEAR INDUSTRY VALUE

QUANTITY

Million USD

World Rank

Million Pairs

EXPORTS

2 129

13

IMPORTS

662

31

PRICE World Rank

USD

82

17

$26.09

57

41

$11.69

PRODUCTION

82

17

CONSUMPTION

57

50

EXPORT TRADING PARTNERS 2016 EXPORT MARKETS

Million USD

Value Share

Million Pairs

Quantity Share

LAST 5 YEARS VARIATION

461

22%

17

20%

USA

Germany

378

18%

13

17%

Netherlands

300

14%

10

13%

Spain

211

10%

13

16%

Spain

-14%

-34

U. Kingdom

148

7%

6

7%

France

-18%

-100

France

RECENT DEVELOPMENTS

Million USD 337%

+65

Denmark

32%

+25

U. Kingdom

-14%

-23

MAIN PLAYERS TURNOVER (Million USD)

Portugal is one of the world’s top 10 exporters of leather footwear and positions itself among the world’s leading exporters of fashion footwear claiming to be “The Sexiest Industry in Europe”. Portugal records a robust trade surplus but in 2016 imports grew more than exports as a result of pricing. Spain is the origin of almost half of Portuguese imports.

12

EMPLOYEES

Ecco’Let (Portugal) - Fábrica de Sapatos, Lda

98.5

1 240

Gabor Portugal - Indústria de Calçado, Lda

95.2

1 326

Sopropé - Organizações de Calçado, S.A.

82.9

663

Fortunato O. Frederico & CA, Lda

42.6

374

Jefar - Indústria de Calçado, S.A.

40.4

394

EXPORTS AND IMPORTS EVOLUTION

QUANTITY

VALUE 3 000

Million USD

Million Pairs

Exports

2 500 2 000 1 500

Imports

500 0 06 07 08 09 10 11

12 13 14 15 16

100 90 80 70 60 50 40 30 20 10 0

Exports

Imports

06 07 08 09 10 11

12 13 14 15 16

TYPES OF FOOTWEAR TRADED IN 2016 (QUANTITY)

IMPORT TRADING PARTNERS 2016 IMPORT MARKETS

Million USD

Value Share

Million Pairs

Quantity Share

LAST 5 YEARS VARIATION

285

43%

29

47%

Italy

160%

+29

61

9%

2

4%

Hungary

56%

+21

China

61

9%

15

23%

Spain

40%

+17

Netherlands

59

9%

4

7%

France

-16%

-11

France

57

9%

4

7%

Germany

-31%

-23

Spain Belgium

SECTORIAL ORGANIZATIONS

FAIRS & EVENTS

APICCAPS – Portuguese Footwear, Components and Leather Goods Manufacturers’ Association | www.apiccaps.pt

n.a.

Million USD

CTCP - Portuguese Footwear Technological Centrer | www. ctcp.pt

13

A ST R O N G A N D R E S P O N S I B L E I N D U ST RY

1 80 257 43 1st st

YEARS

14

C O U N T R Y T O H AV E A S U S TA I N A B I L I T Y C E R T I F I C AT I O N T H AT ' S S P E C I F I C T O L E AT H E R P R O D U C T I O N

COUN T R I ES

PURCHASE BRAZILIAN L E A T H E R A N N U A L LY

TAN N ER I ES MAKE UP THE BRAZILIAN L E AT H E R I N D U S T R Y

M ILLIO N HIDES PRODUCED EVERY YEAR

LARG EST C O M M E R C I A L C AT T L E HERD IN THE WORLD

WORLD FOOTWEAR YEARBOOK 2017

AVAILABLE AT: WWW.WORLDFOOTWEAR.COM 15

INTELLIGENCE TO DRIVE YOUR BUSINESS

www.worldfootwear.com