ANALYSIS – EXPORT PERFORMANCE OF LEATHER AND LEATHER PRODUCTS DURING APRIL–AUGUST 2019-20 VIS-À-VIS APRIL–AUGUST 2018-19

ANNEXURE – I

 

ANALYSIS – EXPORT PERFORMANCE OF LEATHER AND LEATHER PRODUCTS DURING APRIL–AUGUST 2019-20 VIS-À-VIS APRIL–AUGUST 2018-19.

 

  1. Introduction:

 

As per officially notified DGCI&S monthly export data, the export of Leather and Leather products for the period April-August 2019 touched US $ 2276.39 Mn as against the performance of US $ 2398.44 Mn in April-August 2018, recording a decline of 5.09%.  In rupee terms, the export touched INR 157845.27 Mn in April-August 2019 as against INR 162714.34 Mn in April-August 2018, registering a decline of 2.99%.

 

Product Wise Analysis

 

EXPORT OF LEATHER AND LEATHER PRODUCTS FROM INDIA DURING APRIL – AUGUST 2019-20 VIS-À-VIS APRIL – AUGUST 2018-19.

 

                 (Value in Million Rs)
        CATEGORY APR-AUG APR-AUG % VARIATION % Share  
  2018 2019      
FINISHED LEATHER 22702.73 16481.47 -27.40% 10.44%  
LEATHER FOOTWEAR 66489.06 64980.65 -2.27% 41.17%  
FOOTWEAR COMPONENTS 9937.53 7986.98 -19.63% 5.06%  
LEATHER GARMENTS 14670.28 13179.53 -10.16% 8.35%  
LEATHER GOODS 37343.72 40520.01 8.51% 25.67%  
SADDLERY AND HARNESS 4622.43 4559.43 -1.36% 2.89%  
NON-LEATHER FOOTWEAR 6948.59 10137.21 45.89% 6.42%  
TOTAL 162714.34 157845.27 -2.99% 100.00%  
Source : DGCI &S  
         (Value in Million US $)  
          CATEGORY APR-AUG APR-AUG % VARIATION % Share  
  2018 2019      
FINISHED LEATHER 334.64 237.69 -28.97% 10.44%  
LEATHER FOOTWEAR 980.06 937.13 -4.38% 41.17%  
FOOTWEAR COMPONENTS 146.48 115.19 -21.36% 5.06%  
LEATHER GARMENTS 216.24 190.07 -12.10% 8.35%  
LEATHER GOODS 550.45 584.37 6.16% 25.67%  
SADDLERY AND HARNESS 68.14 65.75 -3.49% 2.89%  
NON-LEATHER FOOTWEAR 102.42 146.20 42.74% 6.42%  
TOTAL 2398.44 2276.39 -5.09% 100.00%  
Source : DGCI &S  
  • Footwear holds the major share of 47.59% in the total export of leather and leather products.

 

  • Except Finished leather, Leather Footwear, Footwear Components, Leather Garments and Saddlery & Harness other product categories have shown positive growth.

 

  1. Country-wise Analysis

 

Statement showing Export of Leather & Leather Products to different countries during April-August 2019-20 vis-à-vis April-August 2018-19 is given below:

                                                                                                      (Value in Million US $)

              TOTAL   Share in Share in
COUNTRY APR-AUG APR-AUG % Change total export     total export
  2018 2019 2019-20 APR-AUG 2018 APR-AUG 2019
U.S.A. 375.58 384.28 2.32% 15.66% 16.88%
GERMANY 298.09 271.23 -9.01% 12.43% 11.91%
U.K. 259.79 234.72 -9.65% 10.83% 10.31%
ITALY 179.70 146.86 -18.28% 7.49% 6.45%
FRANCE 137.92 133.60 -3.14% 5.75% 5.87%
SPAIN 108.20 109.31 1.03% 4.51% 4.80%
U.A.E 59.79 83.79 40.14% 2.49% 3.68%
NETHERLANDS 88.81 79.89 -10.04% 3.70% 3.51%
HONG KONG 93.60 60.58 -35.27% 3.90% 2.66%
CHINA 72.20 66.55 -7.83% 3.01% 2.92%
POLAND 58.69 48.63 -17.14% 2.45% 2.14%
BELGIUM 51.73 47.53 -8.12% 2.16% 2.09%
SOMALIA 22.63 31.87 40.81% 0.94% 1.40%
VIETNAM 43.35 36.02 -16.90% 1.81% 1.58%
AUSTRALIA 36.84 34.18 -7.22% 1.54% 1.50%
PORTUGAL 30.36 26.10 -14.05% 1.27% 1.15%
DENMARK 26.08 27.79 6.55% 1.09% 1.22%
KOREA REP 26.83 25.45 -5.11% 1.12% 1.12%
JAPAN 26.73 24.62 -7.89% 1.11% 1.08%
RUSSIA 21.96 17.59 -19.90% 0.92% 0.77%
SOUTH AFRICA 18.35 21.56 17.46% 0.77% 0.95%
CHILE 17.82 18.72 5.05% 0.74% 0.82%
MALAYSIA 17.10 16.14 -5.62% 0.71% 0.71%
AUSTRIA 19.62 20.60 5.03% 0.82% 0.91%
CANADA 22.02 20.33 -7.68% 0.92% 0.89%
SWEDEN 19.30 15.81 -18.08% 0.80% 0.69%
NIGERIA 10.03 10.86 8.34% 0.42% 0.48%
INDONESIA 16.61 13.47 -18.89% 0.69% 0.59%
MEXICO 12.37 14.79 19.58% 0.52% 0.65%
SAUDI ARABIA 10.65 16.36 53.64% 0.44% 0.72%
KENYA 6.93 8.77 26.63% 0.29% 0.39%
SWITZERLAND 13.90 15.54 11.78% 0.58% 0.68%
SLOVAK REP 12.89 9.31 -27.77% 0.54% 0.41%
HUNGARY 10.42 7.89 -24.27% 0.43% 0.35%
THAILAND 7.80 7.85 0.66% 0.33% 0.35%
BANGLADESH 7.81 8.42 7.77% 0.33% 0.37%
FINLAND 6.95 6.50 -6.60% 0.29% 0.29%
TURKEY 8.17 3.54 -56.70% 0.34% 0.16%
ISRAEL 5.85 6.08 3.96% 0.24% 0.27%
CAMBODIA 3.48 3.94 13.32% 0.15% 0.17%
CZECH REPUBLIC 4.46 5.05 13.38% 0.19% 0.22%
GREECE 4.29 3.93 -8.21% 0.18% 0.17%
NEW ZEALAND 3.97 3.71 -6.48% 0.17% 0.16%
OMAN 3.80 3.21 -15.55% 0.16% 0.14%
SRI LANKA DES 3.57 3.13 -12.35% 0.15% 0.14%
SINGAPORE 3.19 2.22 -30.28% 0.13% 0.10%
SUDAN 1.20 5.55 361.67% 0.05% 0.24%
TAIWAN 4.18 2.94 -29.64% 0.17% 0.13%
NORWAY 3.38 3.36 -0.60% 0.14% 0.15%
DJIBOUTI 2.50 1.92 -23.19% 0.10% 0.08%
OTHERS 96.96 104.27 7.54% 4.04% 4.58%
TOTAL 2398.44 2276.39 -5.09% 100.00% 100.00%
Source : DGCIS          

 

  1. Major Export Destinations of India: April – June 2019 – 20.

 

(Value in Million US $)

COUNTRY APR –AUG COUNTRY APR – AUG
2019 – 20 2019 – 20
U.S.A. 384.28 POLAND 48.63
GERMANY 271.23 BELGIUM 47.53
U.K. 234.72 SOMALIA 31.87
ITALY 146.86 VIETNAM 36.02
FRANCE 133.60 AUSTRALIA 34.18
SPAIN 109.31 PORTUGAL 26.10
U.A.E, 83.79 DENMARK 27.79
NETHERLANDS 79.89 KOREA REP 25.45
HONG KONG 60.58 JAPAN 24.62
CHINA 66.55 RUSSIA 17.59

Source : DGCIS

 

 

 

 

  • The major markets for Indian Leather & Leather Products are USA with a share of 16.88%, Germany 11.91%, U.K 10.31%, Italy 6.45%, France 5.87%, Spain 4.80%, U.A.E 3.68%, Netherlands 3.51%, China 2.92%, Hong Kong 2.66%, Poland 2.14% and Belgium 2.09%.

 

  • The Top 12 countries together accounts for nearly 73.23% of India’s total leather & leather products export.

 

  • Export of Leather & Leather Products to major markets like Germany, UK, Italy, France, Netherlands, Hong Kong, China etc have shown negative growth during Apr – Aug 2019-20.

 

  1. Conclusion:

 

  • India’s export of Leather and Leather Products for the period April – August 19 – 20 touched US $ 2276.39 Mn as against the performance of US $ 2398.44 Mn in the corresponding period of last year, recording a decline of 5.09%.

 

  • Export of different categories of Footwear holds a major share of about 47.59% in India’s total leather & leather product exports with an export value of US $ 1083.33 Mn. This is followed by Leather Goods & Accessories with a share of 25.67%, Finished Leather 10.44%, Leather Garments 8.35% and Saddlery & Harness 2.89%.