Value of leather shoes imported to China doubles in two years
An analysis of the latest figures on leather shoe imports into China has revealed that value has increased by 109% over a two-year period.
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.
