Analysis of Export Performance of leather and leather products during April-March 2009-10 vis-à-vis April-March 2008-09
1.0 Introduction:
The export of leather and leather products for the period April-March 2009-10 touched US$ 3400.97 million against the performance of US$ 3599.46 million in the corresponding period of last year, registering a decline of 5.51%. In rupee terms, the export during April-March 2009-10 touched Rs.161353.39 million against the previous year’s performance of Rs.165551.27 million registering a marginal decline of 2.54%.
A Statement showing the Product-wise Export performance during April-March 2009-10 vis-à-vis April-March 2008-09 is given below:
(Value in Million Rs)
| CATEGORY | APR-MAR | APR-MAR | % VARIATION |
|---|---|---|---|
| 2008-09 | 2009-10 | ||
| FINISHED LEATHER | 30970.73 | 29677.49 | -4.18% |
| LEATHER FOOTWEAR | 57237.67 | 59511.52 | 3.97% |
| FOOTWEAR COMPONENTS | 11330.34 | 9921.86 | -12.43% |
| LEATHER GARMENTS | 19601.16 | 20330.45 | 3.72% |
| LEATHER GOODS | 40172.55 | 35867.98 | -10.72% |
| SADDLERY AND HARNESS | 4238.48 | 3956.19 | -6.66% |
| NON-LEATHER FOOTWEAR | 2000.34 | 2087.90 | 4.38% |
| TOTAL | 165551.27 | 161353.39 | -2.54% |
| Source : DGCI &S |
| CATEGORY | APR-MAR | APR-MAR | % VARIATION |
|---|---|---|---|
| 2008-09 | 2009-10 | ||
| FINISHED LEATHER | 673.37 | 625.54 | -7.10% |
| LEATHER FOOTWEAR | 1244.48 | 1254.37 | 0.79% |
| FOOTWEAR COMPONENTS | 246.35 | 209.13 | -15.11% |
| LEATHER GARMENTS | 426.17 | 428.52 | 0.55% |
| LEATHER GOODS | 873.44 | 756.02 | -13.44% |
| SADDLERY AND HARNESS | 92.15 | 83.39 | -9.51% |
| NON-LEATHER FOOTWEAR | 43.49 | 44.01 | 1.19% |
| TOTAL | 3599.46 | 3400.97 | -5.51% |
1.1 Major Highlights:
In Rupee terms, export of leather footwear, leather garments and non-leather footwear have recorded positive growth of 3.97%, 3.72% and 4.38% respectively. All other product categories are showing declining trend.
In Dollar terms too, export of leather footwear, leather garments and non-leather footwear have recorded positive growth of 0.79%, 0.55% and 1.19% respectively. All other product categories are showing declining trend.
Export of finished leather, footwear components, leather goods and saddlery& harness have declined during 2009-10 as compared to the exports in 2008-09.
2.0 Country-wise analysis
The major markets for Indian leather products are Germany with a share of 14.45%, UK 13.41%, Italy 11.72%, USA 8.71%, Hong Kong 7.35%, France 7.53%, Spain 6.43%, Netherlands 4.03%, Belgium 1.92%, U.A.E.2.03% and Australia 1.58% These 11 countries together accounts for nearly 79.16% of India’s total leather products export.
During 2009-10, export of leather & leather products to UK and France had shown a positive growth of 10.34% and 15.73% respectively.
Other markets showing increase in imports from India are Hong Kong 5.13%, Switzerland 3.98%, South Africa 9.37%, Austria 2.89%, Belgium 19.44%, and Korea Republic 10.92%.
Export of leather & leather products to USA has recorded a decline of 17.54%, Germany 3.36% and Italy 13.64%.
Trend in Major importing Countries of leather products
| Country | April-March 2008-09 | April-March 2009-10 | % Variation |
|---|---|---|---|
| Germany | 508.45 | 491.36 | -3.36% |
| USA | 359.22 | 296.23 | -17.54% |
| UK | 413.24 | 455.96 | 10.34% |
| Italy | 461.56 | 398.58 | -13.64% |
| France | 221.33 | 256.15 | 15.73% |
| Hong Kong | 237.72 | 249.91 | 5.13% |
| Spain | 219.18 | 218.63 | -0.25% |
| Russia | 12.01 | 6.68 | -44.37% |
| Netherlands | 148.77 | 136.96 | -7.94% |
| Australia | 55.76 | 53.65 | -3.80% |
| New Zealand | 5.46 | 4.28 | -21.65% |
| Canada | 35.29 | 27.65 | -21.65% |
| South Africa | 22.45 | 24.55 | 9.37% |
| Japan | 20.24 | 17.08 | -15.63% |
| Denmark | 60.12 | 55.68 | -7.38% |
| U.A.E. | 85.79 | 69.16 | -19.39% |
| Saudi Arabia | 19.28 | 20.98 | 8.82% |
| Source: DGCI & S |
3.0 Port-wise export performance
As per the Port-wise compilation for the period April-March 2009-10, export of leather and leather products from Western Region and Northern Region have shown positive trend while exports from all the other Regions recorded declining trend:
| (Value in Million US$) | |||||
|---|---|---|---|---|---|
| Region | APR-MAR | Share in | APR-MAR | Share in | % Variation |
| 2008-09 | Total Export | 2009-10 | Total Export | ||
| Southern | 1395.98 | 38.78% | 1352.97 | 39.78 | -3.08% |
| Western | 698.36 | 19.40% | 777.86 | 22.87% | 11.38% |
| Eastern | 542.40 | 15.07% | 409.78 | 12.05% | -24.45% |
| Northern | 429.46 | 11.93% | 445.45 | 13.10% | 3.72% |
| Central | 109.75 | 3.05% | 104.78 | 3.08% | -4.53% |
| Others | 423.51 | 11.77% | 310.14 | 9.12% | -26.77% |
| Total | 3599.46 | 100.00% | 3400.97 | 100.00% | -5.51% |
Note: This is purely based on port-wise compilation and does not reflect the accurate regional performance: Source: DGCI& S
4.0 Conclusion:
India’s export of leather & leather products during April-March 2009-10 touched US$ 3400.97 million as against US$ 3599.46 million in the corresponding period last year, recording a declining trend of 5.51%.
In Rupee terms, though the overall export decline was marginal at 2.54%, export of leather footwear, leather garments and non-leather footwear have shown increase in exports during the said period.
Footwear alone holds a major share of 44.33% in India’s total leather products export trade. This is followed by leather goods & accessories with a share of 22.23%, finished leather 18.39% and leather garments 12.60%