It is learned from China Light Industrial Products Import and Export Chamber of Commerce that country's footwear exports, from January-October 2007, to the EU fell in quantity, but rose in total value, with average unit price up 16.6 percent over the same time last year.
During the period, China's footwear exports reached 7.2 billion pairs, worth of US $21 billion, with average unit price at $2.92 per pair, up 9.8 percent, 16.1 percent and 5.8 percent, respectively, over the same time last year.
Footwear exports to EU 27 countries, involved in the anti-dumping case, marked 98.58 million pairs, up 8 percent over the same time last year, worth $730 million, an increase of 7.2 percent on year.
Since this year, China's footwear export price to EU continued a double-digit growth, due to three major reasons, such as RMB appreciation, lowered export tax rebate rate, raw hide import being listed in prohibited categories. In addition, the price rise in raw materials and freight as well as labor shortage, have all contributed to the increase of production costs.
After EU imposed anti-dumping tax on Chinese leather shoes, some powerful and independent Chinese shoe brands have adjusted their export structure, upgraded product level, and also realized the change from low and middle-grade to middle and high grade, which serves as another important factor for the rise in export price.
Fibre2fashion, News Desk - China
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
