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2016 Russia'S Shoe Price May Usher In A Rally.

2016/1/21 15:30:00 46

RussiaShoe PricesPrice Quotes

2015 Russia

Consumer price

It rose more than the level in 2014.

According to Russian Federation's National Bureau of statistics, prices rose 12.9% in 2015 compared with 11.4% in 2014.

Russia's currency exchange rate was the driving force for the rise in commodity prices. In May, the exchange rate of the US dollar against the ruble was 1:50, and it exceeded 1:73 at the end of 12.

Experts predict that no matter what the trend of the economy, the 5 commodities will increase in 2016.

The Russian clothing market is also dominated by imported products, and its consumption value will increase with the US dollar.

exchange rate

Increased and increased.

According to Russian textile and

Light industry enterprise

According to the home association's data, Russian domestic products account for about 1/4 of the retail market, while the rest are legitimate imports and smuggled clothes.

If there is no special national plan, Russia's light industrial products will not have a greater degree of import substitution in 2016.

The Russian footwear market structure is similar to that of the clothing market.

The proportion of finished products imports accounted for about 80%.

Therefore, the market also depends on exchange rate fluctuations.

According to the Russian tanneries and shoemaker Association, footwear prices may rise by an average of 10-12% in 2016.

The exact number will depend on the store.

Demand and prices of building materials are expected to rise in the spring, especially if rouble continues to fall against the US dollar and the euro.

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The export market for sports shoes still supports the footwear industry.

Although China is facing competition from Vietnam's shoe industry, the Indonesian Footwear Association (Aprisindo) is confident that the shoe export market will continue to grow this year.

The Indonesian Footwear Association predicts that the export of sports shoes will reach US $4 billion 700 million last year.

It is expected that the export of sports shoes will increase by 6.3% this year to 5 billion dollars. At present, 90% of the shoes exported are sports shoes.

A few days ago, Harry Jan do, chairman of the Indonesian Footwear Association Advisory Council, said that the increase in export volume of shoes production included the products of several new shoe factories that began operation last year. Harijanto

According to the Investment Co ordinating Agency (BKPM), investment in shoe production reached 4 trillion and 270 billion Shield last year, an increase of 136% over the same period last year.

Last year, 4 of the total investment in shoe factories was invested in foreign countries, or accounted for 95% of the total investment in the footwear industry. The rest were domestic investments. Harry did not want to elaborate on the name of the company invested in the shoe industry. He told reporters only: "we have not yet obtained the data."

Last year, foreign investment enterprises in China, including Pou Yuen Indonesia from China, invested 26 million US dollars to build factories in Cianjur.

Pou Yuen Indonesia produces Adidas (Adidas) brand sports shoes in China and sets an annual export target of US $100 million.

In addition to producing shoes, the company also manufactures accessories for shoes wholesale market, such as mid sole, out sole and shoe upper.

Several other sports shoe factories that have been in operation for several years, such as Adis Dimension Foot Wear, which produces Nike (Nike) sports shoes, Specs Panatride Caraka company, Berca Sportindo company of production League (League) and Adidas Co., Ltd., which owns Adidas production license.

Harry Yan do, President of Adis Dimension Footwear, declined to comment on the competition for sports shoes in the domestic market. He said only that almost all the shoes produced by the company were exported.

This year, Adis Dimension Footwear plans to build a factory in the West claw horse plus Majalengka (Majalengka), with investments ranging from $50 million to $60 million.

At present, the company is located in Wan Dan Balaraja and West claw horse Lian Jia factory annual production of 32 million pairs of shoes.


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