Value of leather shoes imported to China doubles in two years
20/08/2012
Figures from the first half of this year show 9.6 million pairs entered the country with a value of $460m, compared with 6.3 million pairs worth $220m during the same period in 2010.
This equates to a 52.4% rise in volume and a 109% rise in value.
A similar analysis of the export market reveals that the number of leather shoes leaving the country has fallen. During the first six months of this year, 390 million pairs with a value of $4.86bn left the country, compared with 460 million pairs with a value of $4.4bn in 2010. This equates to a 15.2% decrease in volume but a 10.4% rise in value.
Industry observers are left to conclude that more Chinese shoes are being consumed in the domestic market and that demand for high-quality shoes continues to grow at an impressive rate.
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