Analysis of Export Performance of Leather and Leather Products during Apr-Jul 2014 vis-à-vis Apr-Jul 2013

1.0 Introduction:

As per officially notified DGCI& S monthly export data, the export of Leather and Leather products for the period April-July 2014 touched US$ 2251.83 mn as against the performance of US$ 1858.92 mn in the corresponding period of last year, recording a positive growth of 21.14%. In rupee terms, the export touched Rs. 134800.79 million in April-July 2014 as against the previous year’s performance of Rs. 105753.38 million registering a positive growth of 27.47%.

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

EXPORT OF LEATHER AND LEATHER PRODUCTS FROM INDIA

DURING APRIL-JULY 2014 VIS-A-VIS APRIL-JULY 2013

    
(Value in Million Rs)
CATEGORYAPRIL-JULYAPRIL-JULY% VARIATION
2013


2014
FINISHED LEATHER24252.59


29349.8321.02%
LEATHER FOOTWEAR35151.66


46904.06


33.43%
FOOTWEAR COMPONENTS6257.68


7887.69


26.05%
LEATHER GARMENTS10135.79

12007.7618.47%
LEATHER GOODS23950.31
28735.3919.98%
SADDLERY AND HARNESS2587.103119.1120.56%
NON-LEATHER FOOTWEAR3418.256796.95


98.84%
TOTAL105753.38134800.7927.47%
Source : DGCI &S

     
(Value in Million US$)
CATEGORYAPRIL-JULYAPRIL-JULY


% VARIATION% Share
20132014
FINISHED LEATHER426.31490.29


15.01%


21.77%
LEATHER FOOTWEAR617.89783.5326.81%


34.80%
FOOTWEAR COMPONENTS110.00131.76


19.79%5.85%
LEATHER GARMENTS178.17


200.59


12.59%8.91%
LEATHER GOODS420.99


480.02


14.02%


21.32%
SADDLERY AND HARNESS45.4852.1014.58%2.31%
NON-LEATHER FOOTWEAR60.09


113.5488.97%


5.04%
TOTAL1858.92


2251.83


21.14%100.00%

  • In Rupee Terms, export of leather & leather products have shown positive growth in all the product segments during the first four months of the current financial year 2014-15.
  • In Dollar Terms, export of leather & leather products have shown positive growth in all the product segments during the first four months of the current financial year 2014-15.
  • Country-wise analysis/
  • The major markets for Indian Leather & Leather Products are Germany with a share of 12.62%, U.K. 10.85%, USA 10.88%, Italy 8.62%, France 5.91%, Hong Kong 7.72%, Spain 5.18%, Netherlands 3.64%, China 3.09%, Denmark 1.23%, UAE.4.23%, Belgium 1.85%,
  • These 12 countries together accounts for nearly 76% of India’s total leather& leather products export.
  • Export of leather & leather products to major markets like Germany, USA, UK, Italy, France, Spain, Russia, Canada, Japan, Portugal, UAE, China have shown positive growth during April-July 2014.

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

     
(VALUE IN MILLION US$)
TOTALShare in
COUNTRY APRIL-JULY% change total export
201320142014
GERMANY235.50284.1720.66%12.62%
U.S.A.196.95


245.01


24.40%


10.88%
U.K.203.68244.31


19.95%10.85%
ITALY166.34194.1516.72%8.62%
FRANCE111.27133.07


19.59%


5.91%
HONG KONG178.74


173.79-2.77%7.72%
SPAIN87.71


116.69


33.04%5.18%
RUSSIA14.29


15.57


8.95%


0.69%
NETHERLANDS70.6982.07


16.10%


3.64%
AUSTRALIA22.3124.31


8.95%


1.08%
NEWZEALAND2.823.4522.30%


0.15%
DENMARK27.47


27.81


1.23%1.23%
GREECE2.935.03


71.48%


0.22%
CANADA14.44


20.44


41.55%0.91%
SWITZERLAND10.77


12.5116.20%0.56%
SWEDEN18.19


16.72




-8.08%0.74%
S. AFRICA16.22


15.43


-4.86%0.69%
AUSTRIA13.4912.11-10.22%0.54%
BELGIUM32.1341.6529.60%


1.85%
JAPAN14.4916.0810.97%


0.71%
PORTUGAL17.33


26.42


52.46%


1.17%
CHINA41.02


69.6469.76%3.09%
SINGAPORE5.89


9.8667.31%


0.44%
U.A.E.62.17


95.3553.37%


4.23%
INDONESIA9.467.53


-20.41%0.33%
KOREA REP.17.75


21.1619.25%0.94%
VIETNAM25.38


39.8256.92%


1.77%
SAUDI ARABIA14.3816.21


12.76%0.72%
OTHERS225.11281.4925.05%12.50%
TOTAL1858.92


2251.8321.14%100.00%
Source : DGCIS

3.0 Port-wise export performance

As per the Port-wise / Region-wise compilation for the period April-July 2014, export of leather & leather products from all the Regions have shown positive export trends

Port-wise / Regionwise Export of Leather and Leather products during

APRIL-JULY-2014 vis-a-vis APRIL-JULY-2013

TOTAL OF LEATHER AND LEATHER PRODUCTS

      
(Value in Million US$)
RegionAPRIL-JULYShare inAPRIL-JULYShare in % Variation
2013Total Export2014Total Export
Southern569.6830.65%690.1330.65%


21.14%
Western439.5423.65%504.4722.40%


14.77%
Eastern249.08


13.40%277.86


12.34%


11.55%
Northern205.54


11.06%


242.73


10.78%


18.10%
Central48.66


2.62%


84.313.74%73.26%
Others346.4318.64%452.3520.09%


30.58%
Total1858.92100.00%2251.83100.00%21.14%

4.0 Conclusion:

India’s export of leather & leather products during the period year April-July 2014 touched US$ 2251.83 million as against US$ 1858.92 million in the corresponding period last year, recording a positive growth of 21.14%.

Export of different categories of Footwear alone holds a major share of 46% in India’s total leather & leather Products exports with an export value of US$ 1028.83 mn. This is followed by Leather Goods & Accessories with a share of 21%, finished leather 22%, leather garments 9% and saddlery & harness 2%.

Chart showing the product wise exports April-July 2014
200