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Among the poorest countries, clothes and shoes in Albania cost more than in Europe
2025-01-03 11:04:49 / EKONOMI&SOCIALE
Albania is among the poorest countries in Europe, but for some prices it can be compared with the richest countries.
One of these products is shoes. On average, a pair of shoes in Albania costs 16% more than the European Union average.
For example, if in the EU, the shoes are 100 euros in the store, in Albania you buy them for 116 euros.
This is the sixth most expensive price in Europe, after Denmark (125%), Iceland (123.5%), Switzerland (121.6%), Estonia and Finland with 117%.
The cheapest shoes in Europe can be found in Turkey, with 30% of the European average, that is, a pair that costs 100 euros in the EU can be bought in Turkey for 30 euros.
Even for clothing, Albanians have to spend more because of the expensive prices. Clothes cost about 5% more than the European average.
Even in this ranking, Albania is the 11th most expensive.
In first place is Switzerland (44% more than the EU average), while the cheapest is again Turkey, with about 30% of the EU average.
As clothing and footwear retailing has reorganized over the last decade towards malls, prices seem to have become more expensive.
According to Eurostat data, in 2014, clothing prices were 85% of the European average, while footwear prices were 92%.
Shoes exceeded the EU average in 2020 (102.9%), while clothing in 2023.
Expensive prices drive Albanians to Gabi
Other data show that with the high inflation of the last two years, there is a shift in the purchases of Albanian consumers, who stopped buying new clothes, moving to used ones.
INSTAT's foreign trade data show that in the 8th month of 2024, textile and footwear imports in value decreased by 8.6% and on the other hand, used clothing imports increased by 4.7%.
During January-August 2024, imports of used clothing reached 2.47 billion ALL from 2.3 billion ALL in the same period of 2023.
While textiles and new clothing marked 56 billion ALL imports, from 61.4 billion last year in the 8-month period.
Clothing imports account for the largest part of imports, reaching 47.3 billion ALL in January-August 2024, with an annual decrease of 8.47%.
Footwear imports marked a value of 8.8 billion ALL in the same period from 9.7 billion ALL that were imported in the same period of 2023 with an annual decrease of 9.3%.
The decline in clothing and footwear imports continues for the second year in a row, as in 2023 they were also 4.2% lower than in 2022.
On the other hand, the used clothing market is growing year by year. Import value exceeded 24 million euros in 8 months with an annual increase of 4.7%./ Monitor.al
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