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%
(Value in Million Rs) | |||
CATEGORY | APRIL-MAR | APRIL-MAR | % VARIATION |
2010-11 | 2011-12 | ||
FINISHED LEATHER | 38324.05 | 49035.50 | 27.95% |
LEATHER FOOTWEAR | 67016.81 | 82196.50 | 22.65% |
FOOTWEAR COMPONENTS | 10473.46 | 13506.08 | 28.96% |
LEATHER GARMENTS | 19365.77 | 27437.71 | 41.68% |
LEATHER GOODS | 38991.68 | 52144.59 | 33.73% |
SADDLERY AND HARNESS | 4006.02 | 5156.42 | 28.72% |
NON-LEATHER FOOTWEAR | 2639.32 | 3847.00 | 45.76% |
TOTAL | 180817.11 | 233323.80 | 29.04% |
Source : DGCI &S | |||
(Value in Million US$) | |||
CATEGORY | APRIL-MAR | APRIL-MAR | % VARIATION |
2010-11 | 2011-12 | ||
FINISHED LEATHER | 841.13 | 1023.21 | 21.65% |
LEATHER FOOTWEAR | 1470.87 | 1715.17 | 16.61% |
FOOTWEAR COMPONENTS | 229.87 | 281.83 | 22.60% |
LEATHER GARMENTS | 425.04 | 572.54 | 34.70% |
LEATHER GOODS | 855.78 | 1088.09 | 27.15% |
SADDLERY AND HARNESS | 87.92 | 107.60 | 22.38% |
NON-LEATHER FOOTWEAR | 57.93 | 80.27 | 38.58% |
TOTAL | 3968.54 | 4868.71 | 22.68% |
1.1 Major Highlights:
In Rupee and Dollar Terms, exports of different categories of leather & leather products have shown positive growth during 2011-12.
2.0 Country-wise analysis
The major markets for Indian Leather & Leather Products are Germany with a share of 15.01%, UK 11.15%, Italy 10.85%, USA 9.02%, Hong Kong 7.38%, France 6.25%, Spain 6.08%, Netherlands 4.07%, Belgium 2.32%, China 2.54%, U.A.E.2.24%, Australia 1.39%,
These 12 countries together accounts for nearly 78.30% of India’s total leather& leather products export.
Export of leather & leather products to major markets like Germany, USA, UK, Italy, France, Hong Kong, Spain, Netherlands, Russia, New Zealand, Canada, South Africa, UAE and Japan have shown positive growth during April-March 2011-12.
Trend in India’s Export of Leather & Leather Products to different countries during April-March 2011-12 vis-à-vis April-March 2010-11:
(Value in Million US$) 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 $) Note: This is purely based on port-wise compilation and does not reflect the accurate regional performance: Source: DGCI& S India’s export of leather & leather products during the financial year April-March 2011-12 touched US$ 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%.
COUNTRY APRIL-MAR % change
2010-11 2011-12
GERMANY 575.38 730.77
27.01%
U.S.A. 348.13 439.27 26.18%
U.K. 505.20 542.99 7.48%
ITALY 455.76 528.39
15.94%
FRANCE 280.04
304.23 8.64%
HONG KONG 325.20 359.51 10.55%
SPAIN 247.99
295.81 19.28%
RUSSIA 19.19
33.05
72.28%
NETHERLANDS 155.43
198.29 27.58%
AUSTRALIA 51.81
67.79 30.83%
NEWZEALAND 5.98
7.29
21.81%
21.81% 57.75 74.15 28.39%
GREECE 10.05
10.88 8.30%
CANADA 29.32
40.01
36.45%
SWITZERLAND 25.02
33.52
33.97%
SWEDEN 31.36 44.29
41.24%
S. AFRICA 32.14 41.17
28.12%
AUSTRIA 27.01
38.43 42.29%
BELGIUM 80.89 113.08 39.79%
JAPAN 21.74
33.18 52.62%
PORTUGAL 39.62 46.55 17.48%
CHINA 75.48 123.78
63.99%
IRELAND 5.36 7.56
40.97%
U.A.E. 74.27 109.11 46.91%
INDONESIA 20.15 25.16
22.05%
FINLAND 14.57 22.14 51.97%
SAUDI ARABIA 22.14 40.89
84.66%
OTHERS 400.23
519.21
29.73%
TOTAL 3968.54 4868.71
22.68%
Source : DGCIS
3.0 Port-wise export performance
Region APRIL-MAR Share in APRIL-MAR Share in % Variation
2010-11 Total Export 2011-12 Total Export
Southern 1565.95
39.46% 1781.90
36.60% 13.79%
Western 961.35 24.22%
1056.37 21.70%
9.88%
Eastern 490.19
12.35%
644.30
13.23% 31.44%
Northern 458.66
11.56% 629.34 12.93%
37.21%
Central 116.00 2.92% 95.51 1.96% -17.67%
Others 376.39 9.48% 661.29 13.58% 75.69%
Total 3968.54 100.00% 4868.71 100.00%
22.68%
4.0 Conclusion: