Export growth in FIAMP sectors
During the second quarter 2006 overall Italian exports grew in value by 9.9% compared to the same quarter 2005. Overall, the first six months of 2006 closed with a growth trend of 10.6%.
With the overall growth of total exports from Italy, FIAMP sectors recorded on the whole a 4.3% increase in exports on a quarterly basis and 8.2% for the six-month period compared to the same periods last year.
An analysis of the exports from individual FIAMP sectors by the Fashion and Personal Accessories Federation in collaboration with the Edison Foundation highlighted a growth trend in the second quarter 2006 for the footwear, eyewear and leather goods segments, and a negative trend only for jewelry. The eyewear sector showed the greatest increase both in the second quarter (+22.2%) and overall for the first six months 2006 (+18.7%). It is followed by the leather goods segment with an 11.7% increase in export value for the second quarter and 14.8% for the first half of the year.
Less growth for footwear exports which recorded +2.6% in the second quarter and +3.2% for the first six months 2006. The trend in the jewelry sector was negative (-3.8%) in the second quarter, but it closed the first six months 2006 with a positive variation of 8.9% in value (but still negative at -3.8% in terms of quantities exported).
The analysis of the main destination countries for overall FIAMP exports highlighted an increase in exports to the top 3 outlet markets in the second quarter 2006: United States (first at +3.1%), France (second at +8.3%), Switzerland (third at +18.4%). However, there was a slight falloff in exports to Germany (-6.3% in the second quarter and -1.2% in the first six months 2006). In the classification for the first 20 destination countries for overall FIAMP exports, there was a considerable increase in exports to the Russian Federation (+24.5% for the quarter and +32.2% for the six months), China (+18.7% for the quarter and +32.9% for the six months), South Korea (+22.1% for the quarter and +47.2% for the six months) and Poland (+59.6% for the quarter).
Footwear sector exports to the three main destination countries were negative in the second quarter 2006 compared to the previous year: United States -3.8%, France -4.2% and Germany -9.6%. In the classification for the first half year, Germany is the top outlet market followed by France and the United States.
The main export destination countries for the eyewear sector were confirmed in the second quarter 2006: United States (+44.3%), France (+11.9%) and Spain (+20.2%).In the leather goods sector, the first export destination countries in the second quarter 2006 were: Switzerland (+23.4%), Japan (+1.5%) and United States (+13%).
Exports from the jewelry sector during the second quarter 2006 recorded a downturn of -12.7% to the United States (the first outlet market), +20.2% to Switzerland (second) and -25.9% to the United Arab Emirates (third for the quarter but second for the six months, ahead of Switzerland).
