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

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

1.0 Introduction:

As per officially notified DGCI& S monthly export data, the export of Leather and Leather products for the period April-June 2014 touched US$ 1619.78 mn as against the performance of US$ 1320.16 mn in the corresponding period of last year, recording a positive growth of 22.70%. In rupee terms, the export touched Rs. 96858.85 million in April-June 2014 as against the previous year’s performance of Rs. 73833.98 million registering a positive growth of 31.18%.

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

EXPORT OF LEATHER AND LEATHER PRODUCTS FROM INDIA DURING APRIL-JUNE 2014 VIS-A-VIS APRIL-JUNE 2013

    
(Value in Million Rs)
CATEGORYAPRIL-JUNEAPRIL-JUNE% VARIATION
20132014
FINISHED LEATHER18215.1122676.0324.49%
LEATHER FOOTWEAR23481.0532596.5738.82%
FOOTWEAR COMPONENTS4456.42


5623.56


26.19%
LEATHER GARMENTS6501.337724.79


18.82%
LEATHER GOODS16925.23


20547.8821.40%
SADDLERY AND HARNESS1770.672236.4826.31%
NON-LEATHER FOOTWEAR2484.175453.54


119.53%


TOTAL73833.98


96858.8531.18%
Source : DGCI &S

     
(Value in Million Rs)
CATEGORYAPRIL-JUNEAPRIL-JUNE% VARIATION% Share
20132014
FINISHED LEATHER325.69379.2116.43%23.41%
LEATHER FOOTWEAR419.85


545.12


29.84%33.65%
FOOTWEAR COMPONENTS79.6894.04


18.02%5.81%
LEATHER GARMENTS116.24129.18


11.13%


7.98%
LEATHER GOODS302.63


343.6213.55%


21.21%
SADDLERY AND HARNESS31.66


37.4018.13%2.31%
NON-LEATHER FOOTWEAR44.4291.20105.33%5.63%
TOTAL1320.161619.7822.70%100.00%

1.1 Major Highlights:

In Rupee Terms, export of leather & leather products have shown positive growth in all the product segments during the first three 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 three 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 12.19%, U.K. 10.83%, USA 10.49%, Italy 8.87%, France 5.72%, Hong Kong 8.46%, Spain 5.16%, Netherlands 3.37%, China 3.04%, Denmark 1.19%, UAE.4.50%, Belgium 1.89%,

These 12 countries together accounts for nearly 71% of India’s total leather& leather products export.
Export of leather & leather products to major markets like Germany, USA, UK, Italy, Hong Kong, France, Spain, Russia, Canada, Japan, Portugal, UAE, China have shown positive growth during April-June 2014.
Trend in India’s Export of Leather & Leather Products to different countries during April-June 2014 vis-à-vis April-June 2013:

(Value in Million US$)

     
TOTALShare in
COUNTRY APRIL-JUNE% change total export
201320142014
GERMANY157.75197.5225.21%


12.19%
U.S.A.138.28169.8422.83%10.49%
U.K.147.94175.36


18.53%


10.83%
ITALY125.90143.63


14.09%


8.87%
FRANCE72.91


92.6527.07%5.72%
HONG KONG136.71137.10


0.28%8.46%
SPAIN62.4683.6533.93%


5.16%
RUSSIA9.67


10.47


8.28%0.65%
NETHERLANDS47.6154.54


14.56%3.37%
AUSTRALIA15.83


17.007.40%


1.05%
NEWZEALAND2.05


2.5624.77%0.16%
DENMARK18.6219.353.95%1.19%
GREECE2.473.8355.23%0.24%
CANADA9.94


14.50


45.87%0.90%
SWITZERLAND7.72


8.9816.33%0.55%
SWEDEN11.13


10.08-9.43%0.62%
S. AFRICA11.8011.63


-1.44%


0.72%
AUSTRIA7.90


7.00-11.35%


0.43%
BELGIUM22.9130.5933.52%


1.89%
JAPAN10.0510.474.11%


0.65%
PORTUGAL11.54


18.76


62.46%


1.16%
CHINA30.2749.24


62.68%3.04%
IRELAND3.447.01103.44%0.43%
U.A.E.46.5072.8356.62%4.50%
INDONESIA6.855.93-13.44%0.37%
KOREA REP.12.18


14.25


17.02%0.88%
FINLAND19.49


29.9753.76%1.85%
SAUDI ARABIA9.9412.50


25.75%0.77%
OTHERS160.29208.5330.10%12.87%
TOTAL1320.161619.7822.70%100.00%
Source : DGCIS

3.0 Port-wise export performance

As per the Port-wise / Region-wise compilation for the period April-June 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-JUNE-2014 vis-a-vis APRIL-JUNE-2013
TOTAL OF LEATHER AND LEATHER PRODUCTS
(Value in Million US$)
RegionAPRIL-JUNEShare in APRIL-JUNEShare in % Variation
2013Total Export2014Total Export
Southern412.1331.22%


506.19


31.25%


22.82%
Western315.9923.94%373.7223.07%18.27%
Eastern181.17


13.72%200.17


12.36%


10.49%
Northern135.4910.26%159.58


9.85%17.78%
Central33.36


2.53%


68.03


4.20%
Others242.0318.33%


312.0919.27%28.95%
Total1320.16100.00%1619.78100.00%22.70%

4.0 Conclusion:

India’s export of leather & leather products during the period year April-June 2014 touched US$ 1619.78 million as against US$ 1320.16 million in the corresponding period last year, recording a positive growth of 22.70%.
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$ 1619.78 mn. This is followed by Leather Goods & Accessories with a share of 21.21%, finished leather 23.41%, leather garments 7.98% and saddlery & harness 2.31%.

Chart showing the product wise exports April-June 2014
100