A Bumpy Road Ahead
Figures show the quantity of shoe making factories about the mainland elevated from 20,000 to a lot more than 30,000 among 2002 and 2006, but orders had been a lot slower, leading to an irrational "price war", professionals said.
Industry newcomers, nearly all of them SMEs, were additional hit by an unfavorable advertising surroundings that incorporated the appreciation in the yuan, price hikes of raw components, rising labor and land fees, the reduction of the export refund price and revised policy on custom duty deposit, analysts said.
The Unfavorable Factors Now Dealing with Shoe Market
More Price for Labors
The Uprising in RMB
Raw Material Cost Keeping Rising
Foreign Anti-dumping Charges
America Sub-prime Mortgage loan
The Red Sea Competitors Inside of Shoe Companies Themselves
Shoe Export Slows Down
Guangdong, a province in south China, exported 490 million pairs of footwear in January and February 2008, valued at USD one.59 billion, lowering 27.5% and 0.6% from 1 yr before, citing customs statistics.
In the meantime, the typical cost in the exported footwear surged 37% yr on yr to USD three.two per pair. Inside the initial month of 2007, the Beijing authorities decreased the export rebate price in footwear products by two percentage points. The move is further weighing on shoe makers, whose profit margin are not substantial, particularly inside the country's important footwear production base within the Pearl River Delta region, part of that are positioned inside the province.
From September 2007, Guangdong's export of footwear started to fall, 18.5% year on year in November of the year and 20.3% and 35.7% in January and February 2008. Besides, inside the initial two months, the amount of Footwear exporters within the delta decreased 1,855 year on year to one,512, due to a increasing renminbi, the US' subprime mortgage crisis and a rise in China's labor expense.
Footwear Market Suffers from Anti-dumping Charges
The anti-dumping investigation carried out in 2005 by EU was followed by a recommendation of Italy, France, Spain as well as other nations to consider measures against shoes exported by China and Vietnam.
It was in October 2006, that EU began to impose 16.5 and 10 % anti-dumping tax on Chinese and Vietnamese leather footwear respectively.
This policy will expire soon in October 2008 but Italy has previously urged EU to extend the anti-dumping measure.
Statistics from China Customs show that in 2007, the country exported close to 180 million pairs of leather footwear to EU, which was a decline by 8.95 %.
However, Vito Artioli, Chairman of Associazione Nazionale Comuni Italiani (ANCI) said that in 2007, the export of the footwear made by China and Vietnam to Italy declined by 15.4 %, although, at the same time, the export of the footwear produced by Macao and Cambodia improved by 72.8 and 90.7 % respectively.
The request created by Italy was basically on grounds that nearly all of the shoes from Macao and Cabodia are actually made in China and Vietnam.
The market is Promosing Regarding Female Fascination With Stylish Footwear
Footwear are an inexhaustible supply of pleasure for many ladies.
Footwear Each Ladies Wants
FLATS: Daytime, comfortable shoes. Trend notwithstanding, what you need as opposed to want is actually a trusty traditional shoe - loafer, ballet pump and lace-up brogue all suffice.
HEELS: A low-heeled shoe or boot is great for daytime as well as a higher heel is awardrobe crucial. I'd usually select astiletto heel since the most stylish, till you achieve an age when it looks tarty or your feet just won't oblige.
TRAINERS: Sadly for most women they're wardrobe staples, but opt for easy ones.
SANDALS: Go glamorous if you can justify it, but several pairs of flip flops for your summer season will suffice.
BOOTS: Ankle boots would be the winter equivalent of flat shoes. Knee-high versions are indispensable in winter beneath skirts and above jeans.
Boots Series Certainly are a Big Cake
Women require a number of boots to suit various events and clothes. Nearly all of them really feel sporting boots could improve their attractiveness, and add scores to their temprement. Regardless of whether they have a fantastic seeking legs or not, they love to put on it, sort of like an addiction. Even in summer season, you'll find nevertheless cooler boots to decide on from, making females searching attractive and awesome.
Boots are practical, warm and weatherproof but are less stylish than footwear and difficult to look trendy in. Boots only search as good as the legs that put on them. This can be true of boots worn with skirts or boots worn more than skinny jeans - please, no, for those who have piggy calves and bulging thighs. Boots with jeans are great. Cowboy boots with jeans can look excellent - alluring and chic without trying also tough - but only should you get the correct jeans and boots. Slightly battered and faded on the two counts. Boots are also an office-girl's winter staple, but not with skirt fits.
Four Producer Bases of Footwear Market in China
Guangdong Province
Numerous factories Close-downs will be the need to paid price for that market transformation
Jingjiang City in Fujian Provice
Who will laugh at final? The red sea competition problem for that sports activities shoe in Olympic 2008 is acquiring more and more fierce.
Jiangsu Province
Brand cultivating and promotion may be the core
China Shoetec - an UFI Approved Trade Demonstrate
Dongguan China Shoes.China Shoetec is an UFI approved occasion and the only shoes fair in Dongguan of PR China. It is the very best one-stop sourcing platform in Asia for middle-to-high end footwear, components & machineries. Dongguan, being the production hub of middle-to-high finish shoes in PR China, provided an ideal platform for footwear exhibition and it’s convenience to plan for factory visits after show. To facilitate buyers?visit, Dongguan China Footwear will be held inside the same period of Canton Fair, and free shuttle bus will likely be provided to ease the traveling.
Being the only UFI accepted footwear occasion in Dongguan, Dongguan China Footwear has been renowned as the most important sourcing platform for middle-to-high end footwear, shining with the world’s largest footwear exhibition, GDS in Germany. The 7th edition of Dongguan China Shoes?China Shoetec, which will be held on April 16 18, is expected for a greater scale: A lot more than 600 exhibitors are going to participate, expected to attract 25,000 visitors, among which seven,000 are international buyers, exhibiting area will achieve 25,000sqm.
New Opportunity Particularly for Sports Footwear Market: Beijing 2008 Olympic Games
With the approaching of Beijing 2008 Olympic Games, a growing number of Chinese customers attend in various of sports, athletic sports activities gradually become one of the parts which can’t lack of in common people’s life, Sports activities Shoes marketplace will likely be a growing number of larger. Apart from townsman’s professional demand to sport shoes is advancing.
The influence of Beijing 2008 Olympic Games to science and technologies content of sports activities footwear product. Nowadays the current of product with the identical quality is a growing number of serious, who can keep ahead of engineering and make out larruping and suitable product for customers, who'll be favorite. Besides, sport shoes manufactures require improve professional capability, simultaneously enclose with athletic sports requirement, via reduce expense to supply bargain gym shoes product for person.
Compared with burgeoning markets such as Vietnam and India, experts stated China nevertheless has advantages in terms of cheap power and water supply, excellent infrastructure and an integrated industry.
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