The Chinese Shoe Producers Can Make More Than 10 Billion Pairs of Shoes Annually

Tag: China shoes export

Recently, China has become the world's largest production base and exporter of shoes, thanks to the fast growing shoe industry. The Chinese shoe producers can make more than 10 billion pairs of shoes annually, making up nearly 70% of the world's total output. In 2006, a total of 14.8 billion pairs of shoes were made in the world and most of the 13.5 billion pairs made in Asia were actually produced in China. Bolstered by China, Asia has become the world's manufacture center of shoes and is still enlarging its market share.

About 8 billion of the 10 billion shoes made in China are exported to other countries. From July to September in 2007, China exported a total of 6.44 billion pairs of shoes with the average price of USD 2.85, and accomplished USD 18.36 billion, increasing 10.4% and 15.9% year on year. However, China's shoe exports, influenced by EU's anti-dumping, maintained negative growth for the first nine sequential months in 2007.
It is predicted that Chinese shoe makers will face even more pressure, because of the lower export rebates, the continuous appreciation of Chinese yuan and a large rise in production costs like labor force and raw materials.

This report provides statistics, research and analysis of the major shoes enterprises of China, including Qingdao Doublestar, Aokang Shoes, Jiangsu Senda Group Corp, Anta,Kangnai, Weihai Jinhou Group Co., Ltd, China Hong Qing Ting Group, Shishi Fuguiniao Group, and so on.