Spain’s H1 footwear figures make for interesting reading
04/10/2018
These figures represent a decrease of 2.6% in volume but an increase of 1.2% in value, with the average price per pair higher.
Countries in the European Union were the destination for the majority of Spain’s shoe exports, making up 79% of the total volume and 72% of the total value. During the first six months of the year, 67 million pairs were exported to the EU for a value of just over €1 billion, respective decreases of 4.1% and 0.8%. France, Italy, Germany, Portugal and the UK were the leading destinations.
FICE’s figures offered signs that Spanish shoe companies are trying to diversify their customer base, with exports to non-EU countries increasing 3.3% in volume and 7% in value.
The Valencia region was Spain’s main shoe exporter during the first half of year, making up 44.5% of the total. It was followed by La Rioja (8.2%) and Castilla-La Mancha (6.1%).
The figures for imports were also interesting, with Spain importing 162 million pairs for just over €1.4 billion, respective increases of 1.1% and 0.3%. Although the number of pairs imported was double the number exported, the total value of these two groups was very similar, demonstrating that the products Spain is importing are much cheaper than those it is exporting.
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