ASIA DOMINATES EXPORTS BUT EUROPE INCREASED MARKET SHARE OVER THE LAST DECADE

15 billion pairs, representing 62% of all footwear produced, were exported in 2019. Unsurprisingly, Asia is the origin of most exports with its world share of 83.9%. Asia’s export share has decreased slightly over the last decade, as is also the case with every
continent but Europe. Over the last ten years Europe has increased its share in global exports by 2.6 percentage points.

The value of footwear exports continued to increase in 2019 with a new record of 146 billion dollars, 2% more than in the previous year. This growth was driven mostly by Asian countries which increased their exports by 2.8%. In Europe the growth rate was only 1.2%. In other parts of the world this rate was lower or even negative.

 

Source: APICCAPS