Analysis of Export Performance of Leather and Leather Products during April-March 2011-12 vis-à-vis April-March 2010-11

1.0 Introduction:

As per officially notified DGCI& S monthly export data, the export of Leather and Leather products for the financial year April-March 2011-12 touched US$ 4868.71 million as against the performance of US$ 3968.54 million in the corresponding period of last year, recording a positive growth of 22.68%. In rupee terms, the export touched Rs.233323.80 million in April-March 2011-12 as against the previous year’s performance of Rs.180817.11 million registering a positive growth of 29.04%.

The Export data for the financial year 2010-11 has been upwardly revised by DGCI& S from Rs.175181.91 mn to Rs.180817.11 mn.
The Export Target fixed for the financial year 2011-12 was US$ 4725 mn and the actual export performance has surpassed the Target at US$ 4868.71 mn, recording an achievement of 103.04%

A Statement showing the Product-wise Export performance during April-March 2011-12 vis-à-vis April-March 2010-11 is given below:

    
(Value in Million Rs)
CATEGORYAPRIL-MARAPRIL-MAR% VARIATION
2010-112011-12
FINISHED LEATHER38324.0549035.50


27.95%
LEATHER FOOTWEAR67016.8182196.5022.65%
FOOTWEAR COMPONENTS10473.4613506.08


28.96%
LEATHER GARMENTS19365.77


27437.71


41.68%
LEATHER GOODS38991.68


52144.5933.73%
SADDLERY AND HARNESS4006.025156.4228.72%
NON-LEATHER FOOTWEAR2639.323847.00


45.76%
TOTAL180817.11


233323.80


29.04%
Source : DGCI &S
(Value in Million US$)
CATEGORYAPRIL-MARAPRIL-MAR% VARIATION
2010-112011-12
FINISHED LEATHER841.13


1023.21


21.65%
LEATHER FOOTWEAR1470.871715.17


16.61%
FOOTWEAR COMPONENTS229.87


281.83


22.60%
LEATHER GARMENTS425.04


572.54


34.70%
LEATHER GOODS855.78


1088.09


27.15%
SADDLERY AND HARNESS87.92


107.60


22.38%
NON-LEATHER FOOTWEAR57.9380.27


38.58%
TOTAL3968.54


4868.7122.68%

1.1 Major Highlights:

In Rupee and Dollar Terms, exports of different categories of leather & leather products have shown positive growth during 2011-12.

2.0 Country-wise analysis

The major markets for Indian Leather & Leather Products are Germany with a share of 15.01%, UK 11.15%, Italy 10.85%, USA 9.02%, Hong Kong 7.38%, France 6.25%, Spain 6.08%, Netherlands 4.07%, Belgium 2.32%, China 2.54%, U.A.E.2.24%, Australia 1.39%,

These 12 countries together accounts for nearly 78.30% of India’s total leather& leather products export.

Export of leather & leather products to major markets like Germany, USA, UK, Italy, France, Hong Kong, Spain, Netherlands, Russia, New Zealand, Canada, South Africa, UAE and Japan have shown positive growth during April-March 2011-12.

Trend in India’s Export of Leather & Leather Products to different countries during April-March 2011-12 vis-à-vis April-March 2010-11:

(Value in Million US$)

    
COUNTRYAPRIL-MAR% change
2010-112011-12
GERMANY575.38730.77


27.01%
U.S.A.348.13439.2726.18%
U.K.505.20542.997.48%
ITALY455.76528.39


15.94%
FRANCE280.04


304.238.64%
HONG KONG325.20359.5110.55%
SPAIN247.99


295.8119.28%
RUSSIA19.19


33.05


72.28%
NETHERLANDS155.43


198.2927.58%
AUSTRALIA51.81


67.7930.83%
NEWZEALAND5.98


7.29


21.81%
21.81%57.7574.1528.39%
GREECE10.05


10.888.30%
CANADA29.32


40.01


36.45%
SWITZERLAND25.02


33.52


33.97%
SWEDEN31.3644.29


41.24%
S. AFRICA32.1441.17


28.12%
AUSTRIA27.01


38.4342.29%
BELGIUM80.89113.0839.79%
JAPAN21.74


33.1852.62%
PORTUGAL39.6246.5517.48%
CHINA75.48123.78


63.99%
IRELAND5.367.56


40.97%
U.A.E.74.27109.1146.91%
INDONESIA20.1525.16


22.05%
FINLAND14.5722.1451.97%
SAUDI ARABIA22.1440.89


84.66%
OTHERS400.23


519.21


29.73%
TOTAL3968.544868.71


22.68%
Source : DGCIS

3.0 Port-wise export performance

As per the Port-wise / Region-wise compilation for the period April-March 2011-12, export of leather & leather products from Southern Region, Western, Eastern and Northern Regions have shown positive export trends. Export from Central Region has shown a decline of 17.67%.

(Value in Million $)

RegionAPRIL-MARShare inAPRIL-MARShare in % Variation
2010-11Total Export2011-12Total Export
Southern1565.95


39.46%1781.90


36.60%13.79%
Western961.3524.22%


1056.3721.70%


9.88%
Eastern490.19


12.35%


644.30


13.23%31.44%
Northern458.66


11.56%629.3412.93%


37.21%
Central116.002.92%95.511.96%-17.67%
Others376.399.48%661.2913.58%75.69%
Total3968.54100.00%4868.71100.00%


22.68%

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 & leather products during the financial year April-March 2011-12 touched US$ 4868.71 million as against US$ 3968.54 million in the corresponding period last year, recording a positive trend of 22.68%.

Export of different categories of Footwear alone holds a major share of 42.67% in India’s total leather & leather Products exports with an export value of $ 2077.27 mn. This is followed by Leather Goods & Accessories with a share of 22.35%, finished leather 21.02%, leather garments 11.76% and saddlery & harness 2.21%.