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2007 is a 'provisional' year for footwear sector
Jun '08
Following a decidedly negative five-year period and the year 2006 marked by an initial “slowdown in the crash”, 2007 was a “provisional” year for the footwear sector.

Many of the basic values have remained at the levels of the previous year and there have been indications of growth, but unfortunately there have been no signs of a radical change in the short term.

The new shadows of recession that emerged in the final months of 2007 have affected the recovery rates observed in the early months of the year and during the summer.

A slowdown in demand not only on various foreign markets but also the domestic one, coupled with the discouraging indications for the world economy, coming above all from the United States, have dampened optimism.

Exports which, as always, include not only foreign sales of items produced in Italy but also simple marketing showed a 6.2% increase in value, rising from the figure of 6.5 billion euros in 2006 to 6.9 billion.

There was also a slight increase in terms of export volume (+0.7%), with 245.3 million pairs and a 5.5% increase in the average price per pair.

The sale of shoes with leather uppers, which has long been the traditional strong point of the Italian footwear industry, increased by 6.4%, despite a slight drop in volume (-0.8%). Analysis by export country revealed a heterogeneous situation.

There were positive signs in terms of value for exports to Germany (+1%) and France (+4.4%: with the figure of 942 million euros, it is our top market) versus a moderate decline in volume.

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