China's Production Of Footwear Increased By 6.9% Annually From 2007-2013

Footwear February 19, 2015

The Chinese footwear market has shown mixed dynamics in the last few years. The significant drop in 2010 (-X% Y-o-Y) was followed by sustainable growth in 2011-2013, fueld by increasing domestic consumption and purschasing power of urban population.

Chinese production of footwear illustrated gradual growth from 2007-2013. On average, footwear production increased by X% annually. Particularly noteworthy was the growth rate of "Waterproof footwear" (+X%). 

Production of the two major types of footwear, namely "footwear with outer soles and uppers of rubber or plastics" and "footwear with outer soles of rubber, plastics, leather or composition leather and uppers of textile materials" represented more than X% of total footwear production in China.   

In 2013, the USA (X%), Japan (X%), Malaysia (X%) were the main destinations of exports for footwear, making up X% of China's exports in physical terms.  The share of Malaysia increased significantly throughout the analyzed period.   

In 2013, Viet Nam and Indonesia were the main importers of footwear with a combined share of X% of imports. The share of Viet Nam increased significantly throughout the analyzed period.