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

1.0 Introduction:

As per officially notified DGCI& S monthly export data, the export of Leather and Leather products for the period April-October 2014 touched US$ 3931.44 mn as against the performance of US$ 3331.78 mn in the corresponding period of last year, recording a positive growth of 18.00%. In rupee terms, the export touched Rs. 237320.32 million in April-October 2014 as against the previous year’s performance of Rs. 198067.68 million registering a positive growth of 19.82%.

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

  (Value in Million US$) 
CATEGORYAPRIL-OCT 2013APRIL-OCT 2014% VARIATION% Share
FINISHED LEATHER741.63


827.5711.59%21.05%
LEATHER FOOTWEAR1100.421356.56


23.28%34.51%
FOOTWEAR COMPONENTS185.81230.22


23.90%5.86%
LEATHER GARMENTS339.69360.96


6.26%


9.18%
LEATHER GOODS773.36855.7110.65%21.77%
SADDLERY AND HARNESS83.80104.3124.48%2.65%
NON-LEATHER FOOTWEAR107.08196.12


83.15%4.99%
TOTAL3331.783931.4418.00%100.00%

    
(Value in Million US$)
CATEGORYAPRIL-OCTAPRIL-OCT% VARIATION
20132014
FINISHED LEATHER44088.1349955.74


13.31%
LEATHER FOOTWEAR65417.5781888.2225.18%
FOOTWEAR COMPONENTS11045.7613896.87


25.81%
LEATHER GARMENTS20194.1821789.11


7.90%
LEATHER GOODS45974.5251654.80


12.36%
SADDLERY AND HARNESS4981.696296.79


26.40%
NON-LEATHER FOOTWEAR6365.8311838.7985.97%
TOTAL198067.68237320.3219.82%
Source: DGCI&S

In Rupee Terms, export of leather & leather products have shown positive growth in all the product segments during the first seven 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 seven months of the current financial year 2014-15.

2.0 Country-wise analysis

The major markets for Indian Leather & Leather Products are Germany with a share of 12.42%, U.K. 11.77%, USA 11.45%, Italy 7.95%, France 5.44%, Hong Kong 6.99%, Spain 5.30%, Netherlands 3.53%, China 3.11%, Denmark 1.28%, UAE.4.14%, Belgium 1.79%,

The above 12 countries together accounts for nearly 75% of India’s total leather& leather products export.

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

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

     
TOTALShare in
COUNTRYAPRIL-OCT% change total export
20132014


2014
GERMANY417.70488.25


16.89%


12.42%
U.S.A.376.70


450.3119.54%11.45%
U.K.380.90462.5621.44%11.77%
ITALY288.94


312.71


8.22%7.95%
FRANCE188.84


214.05


13.35%


5.44%
HONG KONG291.67274.89-5.75%6.99%
SPAIN169.16


208.52


23.27%


5.30%
RUSSIA27.90


29.606.08%0.75%
NETHERLANDS121.62138.9114.21%


3.53%
AUSTRALIA43.4047.9110.39%


1.22%
NEWZEALAND5.116.6930.89%0.17%
DENMARK50.06


50.32


0.51%1.28%
GREECE6.809.00


32.32%0.23%
CANADA30.4638.2225.45%0.97%
SWITZERLAND18.63


22.8322.57%0.58%
SWEDEN30.1028.36-5.79%0.72%
S. AFRICA28.47


30.537.23%0.78%
AUSTRIA24.1020.85-13.49%


0.53%
BELGIUM53.9770.2330.13%1.79%
JAPAN25.4229.6616.68%0.75%
PORTUGAL28.1342.84


52.32%1.09%
CHINA78.99


122.09


54.55%3.11%
SINGAPORE11.24


15.0333.63%0.38%
U.A.E.103.41162.7057.33%4.14%
INDONESIA16.58


14.81


-10.72%0.38%
KOREA REP.32.77


41.2725.95%


1.05%
VIETNAM51.1169.3535.67%


1.76%
SAUDI ARABIA23.4026.9715.23%0.69%
OTHERS331.94380.6314.67%9.68%
TOTAL3331.783931.44


18.00%100.00%

3.0 Port-wise Export Performance

As per the Port-wise / Region-wise compilation for the period April-Oct 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-OCT-2014 vis-a-vis APRIL-OCT-2013
(Value in Million US$)
RegionAPRIL-OCTShare inAPRIL-OCTShare in % Variation
2013Total Export2014Total Export
Southern1012.5330.39%


1171.95


29.81%15.74%
Western744.47


22.34%850.1621.62%14.20%
Eastern452.2813.57%478.95


12.18%


5.90%
Northern417.2612.52%


472.78


12.03%


13.30%
Central95.21


2.86%


164.90


4.19%
Others610.0318.31%


792.71


20.16%


29.95%
Total3331.78100.00%3931.44100.00%


18.00%

4.0 Conclusion:

India’s export of Leather and Leather products for the period April-October 2014 touched US$ 3931.44 mn as against the performance of US$ 3331.78 mn in the corresponding period of last year, recording a positive growth of 18.00%.
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$ 1782.9 mn. This is followed by Leather Goods & Accessories with a share of 22%, finished leather 21%, leather garments 9% and saddlery & harness 3%.

Chart showing the Product wise Percentage Share in total exports
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