Guatemala: local shoe producers are meeting only 30% of market demand
13/08/2014
In recent comments to local media, the association’s president, Bayron Almorza, said people in Guatemala are currently buying 45 million pairs of shoes a year, around 2.8 pairs per person on average. However, he said the country’s shoe manufacturers are currently providing only 30% of this total, around 13.5 million pairs a year.
Mr Almorza said the domestic footwear sector had suffered because a substantial proportion of the remaining 70% of shoes sold in Guatemala each year are coming into the country illegally. This has caused a fall in sales and the loss of jobs, he said.