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China Is Still The Most Important Supplier To The Footwear Industry In The United States.

2014/8/12 10:35:00 43

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Footwear Industry Market Supplier Country

< a href= "http://sjfzxm.com/news/index_z.asp" > although the growth rhythm of imports of footwear products from China in 2014 < < /a > slowed down, the import volume of American shoes continued to grow. Insiders said that in the next few years, China will remain the most important supplier to the footwear industry in the United States. In the short term, the United States will also rely on Asian countries to provide shoes for its market. 
 reporters learned that in the first 3 months of 2014, the number of footwear imports in the United States dropped by 3.6%, and its value increased by only 1.3%, which contrasted sharply with the increase in the number of 9.4% in the first quarter of 2013 and the increase of 10.5% in value. Obviously, footwear consumption slowed down significantly in the first quarter of 2014. In the first quarter of 2014, the average price of footwear imports in the United States increased by 4.9%. The increase in cost may be partly due to the slowdown in sales volume, which exceeded the average price growth rate of 3.2% in the first quarter of 2013. 
 2014 the number of footwear imported from China by the United States dropped by 6.4%. In the first quarter of 2014, its overall footwear import market share dropped from 83.7% to 81.2%. In 2007, the market share of China's footwear imports in the United States was 89%. The average price of shoes imported from the United States rose 3.3% to 7.84 U.S. dollars, while the total share of footwear imports in the United States dropped from 70.8% in the first quarter of 2013 to 67.7% in the first quarter. In the first quarter of 2014, the share of China's total imports of leather shoes was 60.5%, a slight decrease of 1.9% compared with the third quarter of 2013. 
 although a href= "http://sjfzxm.com/news/index_z.asp" > US < /a > is the largest importer of footwear industry in the world, its import growth began to slow down last year. 2013 (2013 stores), the United States imported 2 billion 338 million pairs of shoes in the year, and the import volume reached 25 billion 317 million US dollars, up 2% and 4% respectively. Although exports of American shoes were relatively stable last year, exports increased by 5%. 
 although the pace of import growth has slowed down, imports of American shoes have continued to grow. It is understood that in 2013, 93% of the footwear industry imported from the United States came from 5 shoe producing countries. China accounted for 69% of imports (83% of the total), Vietnam accounted for 12%, Italy 5%, Indonesia 5%, and Mexico 2%. Among the 5 countries, China is the only country that has reduced exports to the United States. The other four countries have increased their exports or exports, of which Vietnam has increased by 20.3% and 20.8% respectively. 
 industry insiders say that Asia is the main source of import growth of footwear in the United States. In 2008~2012, the United States imported footwear from Vietnam and Indonesia by 134% and 130% respectively. In 2012~2013, the United States imported footwear from Asia up 942 million US dollars over the same period last year, and the footwear imported from Vietnam and Indonesia increased by 18% and 23% respectively. Especially in recent years, Vietnam and Indonesia share a rapid growth trend in the footwear market in the United States. Ye Chengjie, vice chairman of Vietnam leather and Footwear Association (DiepThanhKiet), said that as more and more foreign buyers spanfer their orders to Vietnam, Vietnam's footwear industry will benefit greatly. In the future, Vietnam's exports to the United States will continue to increase in the number of footwear. 
 because the shoe making industry is a labor-intensive industry, in recent years, many American manufacturers have gradually shifted their production factories to low-cost countries such as Asia, but only retain the brand and design ability of the US. Take Nike group as an example, in 2012~2013, over 98% of the group's footwear products were made in overseas factories. From its own manufacturing plant, the number of shoe processing factories in Nike headquarters in the United States has been reduced from 1050 to 721 in 2007~2012. 
P MattPriest, chairman of the US footwear wholesale and retail association, has said that in the next few years, China will remain the most important supplier to the footwear industry in the United States. In the short term, the United States will also rely on Asian countries to provide shoes for its market. Last year, the import price of footwear increased by 1.7%, with the average import price of 35.79 dollars excluding China (9.18 US dollars / double).