Spain first quarter: footwear is suffering (-5.4%), but exporting more to Italy

Exports declining (as well as imports) in the first quarter for Spanish footwear. Which means that even in this start of 2019 Spain has not reversed its course, confirming the downward trend in the exports and imports of footwear. According to the data from the General Directorate of Customs, cited by revistadelcalzado.com, from January to March Spain exported just over 44 million pairs, worth over 780 million euros. Compared to the same period of 2018, sales decreased by 5,7% in volume and 5,4% in value. Among the top five outlet markets, only Italy has a positive performance. In order: France (-7%), Italy (+ 2.3%), Germany (-4.4%), United States (-3,5%) and Portugal (-4.9%). The average price of a pair of Spanish shoes sold abroad was 17,7 euros. With regard to imports, again in the first quarter of 2019, Spain acquired 91,6 million pairs abroad for over 841,7 million euros, with a 2,26% reduction compared to the same period of 2018, and a growth of 1,65% in value. The average purchase price for a pair was 9,19 euros.

In the picture, a Spanish footwear model (image from carminashoemaker.com)

 

 

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