Footwear Production Grows in Nicaragua

Domestic production of footwear grew from 1 million pairs of shoes 7 years ago,to 3.5 million in 2011, of which one million were exported abroad.

Monday, February 27, 2012

Alejandro Delgado, president of the National Chamber of Leather Footwear and Allies argues that better quality and better prices in relation to the imported product have led to large gains in the last decade.

"Not even the increase from 8 to 12 percent in domestic footwear prices hurt sales, especially since the price of imported shoes increased from December (2011)", reports

Footwear producers, cow leather producers and the Ministry of Development, Industry and Trade (MIFIC) plan to meet this week with the aim of establishing a partnership to ensure the distribution of raw materials to the sector, and to face the increases in the price of oil and its derivatives.

Footwear producers have already created a proposal, which is that tanneries and the municipal slaughterhouses continue exporting hides, but ensure that at least 4,000 skins are distributed in the local market in order to safeguard domestic production. So far the industry has access to 16,000 skins, but they need 20,000.

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