The export of leather and leather products for the period April-March 2009-10 touched US$ 3400.97 million against the performance of US$ 3599.46 million in the corresponding period of last year, registering a decline of 5.51%. In rupee terms, the export during April-March 2009-10 touched Rs.161353.39 million against the previous year’s performance of Rs.165551.27 million registering a marginal decline of 2.54%.
A Statement showing the Product-wise Export performance during April-March 2009-10 vis-à-vis April-March 2008-09 is given below:
(Value in Million Rs)
|SADDLERY AND HARNESS||4238.48||3956.19||-6.66%|
|Source : DGCI &S|
|SADDLERY AND HARNESS||92.15||83.39||-9.51%|
In Rupee terms, export of leather footwear, leather garments and non-leather footwear have recorded positive growth of 3.97%, 3.72% and 4.38% respectively. All other product categories are showing declining trend.
In Dollar terms too, export of leather footwear, leather garments and non-leather footwear have recorded positive growth of 0.79%, 0.55% and 1.19% respectively. All other product categories are showing declining trend.
Export of finished leather, footwear components, leather goods and saddlery& harness have declined during 2009-10 as compared to the exports in 2008-09.
The major markets for Indian leather products are Germany with a share of 14.45%, UK 13.41%, Italy 11.72%, USA 8.71%, Hong Kong 7.35%, France 7.53%, Spain 6.43%, Netherlands 4.03%, Belgium 1.92%, U.A.E.2.03% and Australia 1.58% These 11 countries together accounts for nearly 79.16% of India’s total leather products export.
During 2009-10, export of leather & leather products to UK and France had shown a positive growth of 10.34% and 15.73% respectively.
Other markets showing increase in imports from India are Hong Kong 5.13%, Switzerland 3.98%, South Africa 9.37%, Austria 2.89%, Belgium 19.44%, and Korea Republic 10.92%.
Export of leather & leather products to USA has recorded a decline of 17.54%, Germany 3.36% and Italy 13.64%.
Trend in Major importing Countries of leather products
|Country||April-March 2008-09|| April-March 2009-10||% Variation|
|Source: DGCI & S|
As per the Port-wise compilation for the period April-March 2009-10, export of leather and leather products from Western Region and Northern Region have shown positive trend while exports from all the other Regions recorded declining trend:
|(Value in Million US$)|
|Region||APR-MAR||Share in||APR-MAR||Share in||% Variation|
|2008-09||Total Export||2009-10||Total Export|
Note: This is purely based on port-wise compilation and does not reflect the accurate regional performance: Source: DGCI& S
India’s export of leather & leather products during April-March 2009-10 touched US$ 3400.97 million as against US$ 3599.46 million in the corresponding period last year, recording a declining trend of 5.51%.
In Rupee terms, though the overall export decline was marginal at 2.54%, export of leather footwear, leather garments and non-leather footwear have shown increase in exports during the said period.
Footwear alone holds a major share of 44.33% in India’s total leather products export trade. This is followed by leather goods & accessories with a share of 22.23%, finished leather 18.39% and leather garments 12.60%