Analysis of Export Performance of Leather and Leather Products April-November 2014 vis-à-vis April-November 2013

1.0 Introduction:

As per officially notified DGCI&S monthly export data, the export of Leather and Leather products for the financial year April-November 2014 touched US$ 4450.61 mn as against the performance of US$ 3797.98 mn in the corresponding period of last year, recording a positive growth of 17.18%. In rupee terms, the export touched Rs. 269405.23 million in April-November 2014 as against the previous year’s performance of Rs. 227294.23 million registering a positive growth of 18.53%.

A Statement showing the Product-wise Export performance during April-November 2014 vis-à-vis April-November 2013 is given below:\

     
(Value in Million US$)
CATEGORY APRIL-NOV APRIL-NOV% VARIATION% Share
2013 2014
FINISHED LEATHER852.02942.02 10.56%21.17%
LEATHER FOOTWEAR1254.53 1526.60 21.69%34.30%
FOOTWEAR COMPONENTS210.77 259.6823.21% 5.83%
LEATHER GARMENTS386.66 409.785.98% 9.21%
LEATHER GOODS880.05 977.33 11.05%21.96%
SADDLERY AND HARNESS 94.65 114.2220.67%2.57%
NON-LEATHER FOOTWEAR119.31221.00 85.24%4.97%
TOTAL 3797.984450.6117.18% 100.00%

    
(Value in Million Rs)
CATEGORYAPRIL-NOVAPRIL-NOV% VARIATION
2013 2014
FINISHED LEATHER50990.17 57022.45 11.83%
LEATHER FOOTWEAR75078.75 92408.49 23.08%
FOOTWEAR COMPONENTS12613.47 15718.76 24.62%
LEATHER GARMENTS23139.83 24804.657.19%
LEATHER GOODS52667.57 59159.6912.33%
SADDLERY AND HARNESS5664.47 6913.79 22.06%
NON-LEATHER FOOTWEAR7139.97 13377.40 87.36%
TOTAL227294.23269405.2318.53%
Source: DGCI&S

1.1 Major Highlights:

In Rupee Terms, export of leather & leather products have shown positive growth in all the product segments during the period April-November 2014.
In Dollar Terms, export of leather & leather products have shown positive growth in all the product segments during the period April-November 2014.

2.0 Country-wise analysis

The major markets for Indian Leather & Leather Products are Germany with a share of 12.39%, U.K. 11.68%, USA 11.50%, Italy 8.77%, Hong Kong 5.34%, France 6.39%, Spain 5.42%, Netherlands 3.79%, China 2.48%, Denmark 1.27%, UAE.2.53%, Belgium 1.86%,

These 12 countries together accounts for nearly 73% of India’s total leather& leather products export.

Export of leather & leather products to major markets like Germany, USA, UK, Italy, France, Russia, Netherlands, Canada, S. Africa, Japan, Portugal, UAE, China have shown positive growth during April-Nov 2014.

Trend in India’s Export of Leather & Leather Products to different countries during April-Nov 2014 vis-à-vis April-Nov 2013 :

     
(VALUE IN MILLION US$)
TOTALShare in
COUNTRYAPRIL-NOV% change total export
2014 2013 2014
GERMANY 476.96551.24 15.57% 12.39%
U.S.A.431.05511.7418.72%11.50%
U.K.431.68519.8420.42%11.68%
ITALY331.73 349.60 5.39% 8.77%
FRANCE 216.84 242.72 11.93% 6.39%
HONG KONG329.66310.68-5.76% 5.34%
SPAIN193.97241.07 24.28% 5.42%
RUSSIA30.84 32.746.15%0.74%
NETHERLANDS138.16 154.2111.61% 3.79%
AUSTRALIA49.3753.95 9.26%1.21%
NEWZEALAND5.70 7.38 29.29%0.17%
DENMARK57.04 56.32-1.26% 1.27%
GREECE7.32 9.91 35.41%0.22%
CANADA33.40 42.0525.87% 0.94%
SWITZERLAND 20.99 25.6522.22%0.58%
SWEDEN34.45 31.72-7.93%0.71%
S. AFRICA30.87 33.177.44% 0.75%
AUSTRIA26.99 23.44-13.16% 0.53%
BELGIUM61.38 78.4227.76% 1.86%
JAPAN 29.4935.7421.18% 0.80%
PORTUGAL32.33 48.14 48.89% 1.08%
CHINA95.54139.78 46.30% 2.48%
SINGAPORE12.7316.5029.60%0.37%
U.A.E.114.11188.36 65.07% 2.53%
INDONESIA 19.0717.29-9.35% 0.39%
KOREA REP. 36.73 47.32 28.84% 1.06%
VIETNAM 59.5481.12 36.24%1.82%
SAUDI ARABIA25.68 31.96 24.49%0.72%
OTHERS464.33568.56 22.45%12.77%
TOTAL 3797.984450.61 17.18% 100.00%
Source : DGCIS

Port-wise / Regionwise Export of Leather and Leather products during APRIL-NOVEMBER-2014 & APRIL-NOVEMBER-2013

      
(Value in Million US$)
RegionAPRIL-NOVShare in APRIL-NOVShare in% Variation
2013 Total Export2014 Total Export
Southern

1170.63
30.82% 1338.5930.08% 14.35%
Western

836.83
22.03%950.72 21.36%13.61%
Eastern 516.3113.59% 549.58 12.35% 6.44%
Northern

472.23
12.43% 539.20

12.12%
14.18%
Central

112.74
2.97% 176.46 3.96%
Others

689.24
18.15%

896.05
20.13% 30.01%
Total 3797.98100.00% 4450.61 100.00% 17.18%

Note: This is purely based on port-wise compilation and does not reflect the accurate regional performance: Source: DGCI& S

4.0 Conclusion:

India’s export of leather and leather products increased to US$ 4450.61 mn as against the performance of US$ 3797.98 mn in the corresponding period of last year, recording a positive growth of 17.18%.
Export of different categories of Footwear alone holds a major share of 45% in India’s total leather & leather Products exports with an export value of US$ 2007.28 mn. This is followed by Leather Goods & Accessories with a share of 21.96%, finished leather 21.17%, leather garments 9.21% and saddlery & harness 2.57%.

Chart showing the Product wise Percentage Share in total exports

saddlery