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Keep reading...Spanish footwear exports, in the first eleven months of 2023, reached 3,010.8 million euros and 146.2 million pairs, an increase of 6.4 percent in value and a decrease of 1.2 percent in pairs compared to the same period in 2022.
These numbers frame the situation of the Spanish footwear market. While denoting its resilience, they certainly cannot shield it from the many critical issues and uncertainties affecting the entire industry.
One positive sign, however, certainly came from the participation of Spanish companies at MICAM Milan in February 2024: a total of one hundred Spanish exhibitors, representing 123 brands.
This was the same number of companies that, under the aegis of Shoes from Spain, participated in the fair in 2023.
“MICAM is the most important trade fair for the footwear sector and it is good news that, despite the delicate situation the sector is going through, many companies presented their collections in Milan,” said Rosana Perán, president of FICE, who added, “The complex economic situation, influenced by rising inflation, international geopolitical conflicts and rising labor costs, has put companies in a difficult position. However, the high presence in Milan reflects the resilience of the sector and its commitment to internationalization.”
Spain was the second largest exhibitor country at MICAM. A high participation that allowed companies to highlight their commitment to design, quality, sustainability and innovation.
Imanol Martínez, Marketing Director of FICE, closes the review with the latest export data: “In the first eleven months of 2023 we exported the same number of pairs, but 20% more expensive, as in the same period of 2019. Italy is the second largest buyer of Spanish footwear, with 15.4 percent of the total. From January to November 2023, exports to Italy totaled 462.5 million euros and 23.3 million pairs, up 22.3 percent in value and 12.5 percent in volume compared to 2022. Compared with the same period in 2019 (pre-Covid data), exports to Italy are 44.7 percent higher in value and 24 percent higher in pairs.”
