In the past few years, economic changes and recent euro devaluation generated a significant increase in the leather sector activities and relocation of many international brands in Spain, resulting into an historical double-digit annual growth for export of the Spanish and Portuguese footwear.
The Iberian Peninsula, with 111 tanneries in Spain and about 60 in Portugal, producing more than 50 million sq m of high value and quality leather per year, is the second European Area in production of leather footwear, leather goods and leather accessories, exporting more than €600 million. Spain is among the top ten world producers of leather footwear, the seventh in exports.
Elche, located in the southeast of Spain, along the Mediterranean Sea, with an international airport, good rail and road connections, between two tanning clusters, is one of the most important shoemaking areas in the world, where important groups have established their design and manufacturing centers. Alicante is the European connecting door to Africa and because of the cultural and linguistic proximity, the natural bridge with Latin America.
TFL is supporting emerging regions where we believe that the leather sector has considerable potential of growth. With this new hub, TFL further invests in this region and wants to give an excellent technological service to all its business partners.