{"id":365027,"date":"2024-04-30T17:16:17","date_gmt":"2024-04-30T20:16:17","guid":{"rendered":"https:\/\/anba.com.br\/?p=365027"},"modified":"2024-04-30T17:17:42","modified_gmt":"2024-04-30T20:17:42","slug":"chinas-footwear-exports-to-arab-countries-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/chinas-footwear-exports-to-arab-countries-up\/","title":{"rendered":"China\u2019s footwear exports to Arab countries up"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Brazilian footwear exports<\/strong> is seen to end 2024 declining by 5-9.7% in volume, due to reasons that include the rebound in Chinese exports<\/strong>. The Asian country posted a decrease in sales to the United States, Europe, and Asia last year, but gained a foothold in Latin America<\/strong>, Arab countries<\/strong>, and Africa<\/strong>, thus bolstering Brazil\u2019s competition in these regions.<\/p>\n\n\n\n

The Brazilian Footwear Industries Association (Abical\u00e7ados<\/strong>) reported on Tuesday that the increase in Chinese footwear exports in 2023 was at 7% to Latin America, 8.1% to Arab countries, and 17.6% to Africa. Shipments were down by 21.6% to the US, 3.7% to Europe, and 1.9% to Asia. All in all, China exported a 2.5% lower volume.<\/p>\n\n\n\n

Abical\u00e7ados<\/a> market intelligence coordinator Priscila Linck said that despite the significant reduction in exports from China to the US \u2013 whose consumption is still lower than pre-pandemic levels \u2013 the Asian country has redirected part of its exports to other regions around the world.<\/p>\n\n\n\n

\u201c[China] has increased, or resumed, its share, even more rapidly in peripheral countries. This heavily impacts our exports to Latin America, which accounts for half of the footwear volume exported by Brazil, but also our domestic consumption,\u201d she said.<\/p>\n\n\n\n

Read more:<\/em>
Brazil\u2019s footwear exports down in first two months<\/a>
Abu Dhabi to have 2 Piccadilly stores this year<\/a><\/p>\n\n\n\n

According to Linck, the Chinese footwear market\u2019s uptake has been going on since last year. She says that Brazil gained global prominence in 2021 and 2022 due to the zero-COVID policy in Asia and the rise in international shipping prices that made the Asian shoes more expensive. The Chinese had been returning slowly to the global market, but this has changed after the pandemic.<\/p>\n\n\n\n

Despite the decline in Chinese sales last year, it was smaller than the global decrease in footwear exports at 8%. \u201cAs China sees a lower decline compared to the world\u2019s, it gains market share in exports,\u201d she explains.<\/p>\n\n\n\n

Chinese shoe exports started the year posting good volume numbers. In the first quarter of 2024, China stepped up its exports by 5.5% in volume compared to the same period in 2023. A decline of 5.4% was seen, though. The average price of the product shipped was 10.4% lower. Abical\u00e7ados consultant Marcos L\u00e9lis said there is a clear Chinese strategy to lower prices to gain market.<\/p>\n\n\n\n

In a scenario where China goes hard into the international footwear exports as it did before the pandemic, Brazilian footwear exports is expected to decline. Shipments from Brazil are expected to stay below pre-pandemic levels. \u201cBut it has adjusted to more normal international levels, which have seen a rebound from Asia,\u201d says Linck. In Q1 this year, a decline of 28% was seen already in footwear exports compared to the same period of 2023, but the reduction is expected to slow down over the year.<\/p>\n\n\n\n

Brazilian footwear production<\/strong><\/h2>\n\n\n\n

The Brazilian footwear production, though, is expected to increase by 0.9% to 2.2% this year, Abical\u00e7ado says. In January and February an increase of 9% was seen in manufacturing. As exports decline and the output increases, a larger number of shoes made by the national industry is bound to remain in the domestic market, which has seen increased income and declining unemployment.<\/p>\n\n\n\n

Translated by<\/strong> Guilherme Miranda<\/strong><\/p>\n

Screenshot<\/div>","protected":false},"excerpt":{"rendered":"

Abical\u00e7ados projects a decline in Brazilian footwear exports this year. China has returned to the market with full strength since the pandemic and increased its sales to Arab, Latin American and African countries.<\/p>\n","protected":false},"author":1455,"featured_media":365002,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[1856,49121,3736,1867,2981,49122],"class_list":{"0":"post-365027","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-abicalcados","9":"tag-brazils-footwear","10":"tag-china","11":"tag-footwear","12":"tag-footwear-exports","13":"tag-footwear-production"},"wps_subtitle":"Abical\u00e7ados projects a decline in Brazilian footwear exports this year. China has returned to the market with full strength since the pandemic and increased its sales to Arab, Latin American and African countries.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/365027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=365027"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/365027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/365002"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=365027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=365027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=365027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}