Turkish footwear exports +22.9% in 2021, for the first time at 1 billion dollars. Exports of leather and leather products reached $1.73 billion (TL23.6 billion), or 0.8% of total exports (Anadolu-AA data). Footwear's share of leather and leather goods exports was 58.3%, according to Daily Sabah, and although the increase in footwear exports remained below average, the sector's weight on total exports did not change.
Bursa Leather Specialization and Mixed Organized Industrial Zone (BURSA DİKOSAB) closed 2021 with growth, but aims to increase the tanning capacity of leathers to 500 tons. The OIZ will have an area of 355 hectares. DİKOSAB will expand the effluent treatment plant and open a solar power plant. Background: Footwearbiz data from Turkey shows leather sector export values of more than $1.75 billion in 2021, an increase of 29% over the previous year.
China exported 7.9 billion pairs of shoes and boots in the first 11 months of 2021, which literally means that the country exported a pair of shoes for every person on the planet. However, according to the Global Times, such a large sector has lost about 430 billion yuan ($67.8 billion) in exports over the past seven years compared to export orders in 2014, according to data platform Wind.
Annual revenues for the U.S. sports footwear market grew by about 20% compared to 2020, although growth slowed to an average figure in the fourth quarter due to poor execution, supply chain delays, the end of stimulus payments and the lack of news in the market, according to The NPD Group.
Thank you for subscribing to the newsletter.
We will periodically send you news and updates on our activities and you will be the first to be informed about news, fairs and events.
You have already subscribed to the newsletter with this email address.
Unfortunately, an error has occurred. Please try again later. Thanks
