Bags / Shoes & Accessories

According to customs data, in the first nine months of 2022, France, Switzerland, the United States, Germany and China were among the top five countries exporting Italian footwear products.

From the perspective of exporting countries, thanks to the change of exchange rate, customs data shows that Italy's footwear exports to the United States increased by 61% and the export volume increased by 28% in the first nine months of 2022. Exports to Germany increased by 26%. In addition, EU countries with major exports also showed significant growth, such as Spain (up 23%), the Netherlands (up 36%), Poland (up 16%) and Belgium (up 19%), all higher than the figures before the COVID-19 epidemic.

According to customs data, two years after the UK's withdrawal from the EU, Italy's footwear exports to the UK showed a rapid recovery, with a year-on-year increase of 23%. After months of prevention and control of the COVID-19 epidemic, China also witnessed an 86% increase in the third quarter of 2022. In the first nine months of 2022, the cumulative export of footwear products to China increased by 43%, especially those of luxury brands.

According to customs data, in the first nine months of 2022, the total export of Italian footwear increased by 23% to 9.35 billion euros (about 10 billion dollars at the current exchange rate). A total of 165.2 million pairs of footwear products were exported, up 11.7% year on year. The average price of each pair was 56.60 euros (60.83 dollars), up 10.7%.

Due to the war and conflict between Russia and Ukraine, customs data showed that the export of Italian footwear products to the region fell by 32% in the first nine months of 2022, and the export dropped by 40% since the conflict between the two sides.

Giovanna Ceolini, president of the Italian Footwear Manufacturers Association, said that although the export of Italian footwear was expected to return to the level before the epidemic, the sharp increase in the cost of raw materials and energy was eroding the profit of footwear exports.