North American entrepreneurs in the footwear sector have emphasized the advantages of the Nicaraguan industry as providers of high heel shoes for ladies.
Surpassing China, Vietnam, Cambodia, Indonesia and Bangladesh and ranking below average in cost of quality leather shoes ($ 3.30 per pair), manufacturing soles ($ 0.43) and the development of a pair women shoes ($ 8.17), Nicaragua has become highly attractive as a destination for industry manufacturers and a candidate for a strong manufacturer and exporter of women's shoes.
The lack of its main raw material is a recurring problem in the Nicaraguan footwear industry.
The National Chamber of Leather, Footwear and Allied Businesses in Nicaragua has requested a temporary ban on the export of leather, noting that most of the production of cattle hides in the country is being sold abroad.
Whether because of problems arising in imports of the main raw material for the manufacture of footwear, or because of local production of leather being exported abroad, this seems to be a never ending issue that periodically causes severe losses to the industry, due to the fact that it makes it impossible to keep production plants in operation.
The export restrictions on leather enacted in Nicaragua have allowed for a 7% increase in the activities of shoe factories in 2012.
Laprensa.com.ni reports that the "export restraints on hides and skins, adopted by ministerial agreement on 9 November, is already yielding positive results for the national production of footwear, which will have increased by seven percent this year, five percent higher than 2011.
The shortage of processed leather in Nicaragua is affecting shoe manufacturing workshops, who are currently importing from Mexico.
A failure of one of the leather processing providers has prevented the normal functioning of the footwear industry for almost the entire month of November, say leaders of the Chamber of Leather and Footwear.
An article in Laprensa.com.ni reports that, "This has stopped the manufacture of 150 thousand pairs of shoes, which were expected to be sold in December, when there is great demand due to school promotions, communions and other special seasonal celebrations. "
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