A total of 22 million pairs were exported throughout the year, valued at 497 million Euros, a year-on-year increase of 4.3%
Portugal’s footwear exports in April increased by 121% year-on-year, the second consecutive month of growth, with a cumulative increase of 4.3% since January.
According to the Portuguese Association of Manufacturers of Footwear, Parts, Leather Products and Alternatives (APICCAPS), “This year, Portugal exported 22 million pairs worth 497 million Euros, an increase of 4.3%.”
“Although it is too early to point out that the industry’s effective recovery is still too early, not to mention that data from World Footwear still shows that the recovery of global consumption will only take effect in 2023. All signs indicate that Portugal has returned to normal shoes on the international market. Industry,” APICCAPS said in a statement.
According to the association, in the first four months of this year, “Europe is the main locomotive in the industry”, with exports increasing by 6.8% to 413 million euros.
The highlight is the growth in Germany (increased by 40% to reach 123 million euros) and the Netherlands (increased by 8.3% to reach 70 million euros).
APICCAPS pointed out that “these data can verify the latest results of the quarterly bulletin”, promoted by the association in cooperation with the Catholic University of Porto.
The quarterly announcement was called “the main barometer of the industry”, and in its previous edition, it showed that “despite the uncertainty of the recent economic outlook, the industry is returning to optimism.”
APICCAPS said: “In fact, for the first time in the past two years, more companies have predicted an increase in output than companies that are worried about a decrease in output,” noting that these “are the most favorable data since the pandemic began.” In some areas, such as the production level, it is the best result since the beginning of 2019.”