Italian first half footwear production down 4.5%
According to the National Association of Italian Footwear Manufacturers (ANCI), the country’s footwear production declined 4.5% during the first half 2003.
75% of companies interviewed stated that they had suffered a drop in production during January-June 2003. 17% reported a slight change while just 8% said they had increased manufacture.
During January-May 2003, Italian footwear exports declined 4.1% in quantity and 3.9% in value to Eur2.7 billion (144,162 pairs.) Leather footwear exports fell 3.5% in quantity and 4.1% in value to Eur2.3 billion (92,860 pairs).
The majority of exports were to
Imports, meanwhile, increased 19.8% in quantity and 7.7% in value to Eur1.06 billion (130,505 pairs). Leather footwear exports rose 11.6% in quantity and 6.3% in value to Eur656.60 million (49,394 pairs).
