There is a rising expectation about the evolution of footwear prices in the coming months. The experts from World Footwear Business Survey anticipate prices to continue to rise, as a result of several pressure points impacting the business. Get access to the latest Business Conditions report and find out more today

Expectations for the prices of footwear suffered a drastic upward tilt since the last edition of this Bulletin, in line with inflationary pressures that are being felt around the world: more than three quarters of our experts now expect prices to increase, while only 3% believe they will decrease. Only one in five respondents expects prices to remain unchanged.

This sentiment is common to respondents operating in every line of business and reflects the recent business context dominated by the rising inflation registered in some countries, the growing costs of raw materials or the rocketing transport costs (which are reflecting serious issues experienced within the global supply chain). All of these factors combined, if persisting, may help explain this expected pressure on footwear prices .

Geographically, perspectives on the evolution of prices are slightly more cautious in Africa or Asia than in other continents, but the balance of extreme answers is larger than 50 percentage points everywhere.