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$) | ||||
|---|---|---|---|---|
| CATEGORY | APRIL-OCT 2013 | APRIL-OCT 2014 | % VARIATION | % Share |
| FINISHED LEATHER | 741.63 | 827.57 | 11.59% | 21.05% |
| LEATHER FOOTWEAR | 1100.42 | 1356.56 | 23.28% | 34.51% |
| FOOTWEAR COMPONENTS | 185.81 | 230.22 | 23.90% | 5.86% |
| LEATHER GARMENTS | 339.69 | 360.96 | 6.26% | 9.18% |
| LEATHER GOODS | 773.36 | 855.71 | 10.65% | 21.77% |
| SADDLERY AND HARNESS | 83.80 | 104.31 | 24.48% | 2.65% |
| NON-LEATHER FOOTWEAR | 107.08 | 196.12 | 83.15% | 4.99% |
| TOTAL | 3331.78 | 3931.44 | 18.00% | 100.00% |
| (Value in Million US$) | |||
| CATEGORY | APRIL-OCT | APRIL-OCT | % VARIATION |
| 2013 | 2014 | ||
| FINISHED LEATHER | 44088.13 | 49955.74 | 13.31% |
| LEATHER FOOTWEAR | 65417.57 | 81888.22 | 25.18% |
| FOOTWEAR COMPONENTS | 11045.76 | 13896.87 | 25.81% |
| LEATHER GARMENTS | 20194.18 | 21789.11 | 7.90% |
| LEATHER GOODS | 45974.52 | 51654.80 | 12.36% |
| SADDLERY AND HARNESS | 4981.69 | 6296.79 | 26.40% |
| NON-LEATHER FOOTWEAR | 6365.83 | 11838.79 | 85.97% |
| TOTAL | 198067.68 | 237320.32 | 19.82% |
| 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 :
| TOTAL | Share in | |||
| COUNTRY | APRIL-OCT | % change | total export | |
| 2013 | 2014 | 2014 | ||
| GERMANY | 417.70 | 488.25 | 16.89% | 12.42% |
| U.S.A. | 376.70 | 450.31 | 19.54% | 11.45% |
| U.K. | 380.90 | 462.56 | 21.44% | 11.77% |
| ITALY | 288.94 | 312.71 | 8.22% | 7.95% |
| FRANCE | 188.84 | 214.05 | 13.35% | 5.44% |
| HONG KONG | 291.67 | 274.89 | -5.75% | 6.99% |
| SPAIN | 169.16 | 208.52 | 23.27% | 5.30% |
| RUSSIA | 27.90 | 29.60 | 6.08% | 0.75% |
| NETHERLANDS | 121.62 | 138.91 | 14.21% | 3.53% |
| AUSTRALIA | 43.40 | 47.91 | 10.39% | 1.22% |
| NEWZEALAND | 5.11 | 6.69 | 30.89% | 0.17% |
| DENMARK | 50.06 | 50.32 | 0.51% | 1.28% |
| GREECE | 6.80 | 9.00 | 32.32% | 0.23% |
| CANADA | 30.46 | 38.22 | 25.45% | 0.97% |
| SWITZERLAND | 18.63 | 22.83 | 22.57% | 0.58% |
| SWEDEN | 30.10 | 28.36 | -5.79% | 0.72% |
| S. AFRICA | 28.47 | 30.53 | 7.23% | 0.78% |
| AUSTRIA | 24.10 | 20.85 | -13.49% | 0.53% |
| BELGIUM | 53.97 | 70.23 | 30.13% | 1.79% |
| JAPAN | 25.42 | 29.66 | 16.68% | 0.75% |
| PORTUGAL | 28.13 | 42.84 | 52.32% | 1.09% |
| CHINA | 78.99 | 122.09 | 54.55% | 3.11% |
| SINGAPORE | 11.24 | 15.03 | 33.63% | 0.38% |
| U.A.E. | 103.41 | 162.70 | 57.33% | 4.14% |
| INDONESIA | 16.58 | 14.81 | -10.72% | 0.38% |
| KOREA REP. | 32.77 | 41.27 | 25.95% | 1.05% |
| VIETNAM | 51.11 | 69.35 | 35.67% | 1.76% |
| SAUDI ARABIA | 23.40 | 26.97 | 15.23% | 0.69% |
| OTHERS | 331.94 | 380.63 | 14.67% | 9.68% |
| TOTAL | 3331.78 | 3931.44 | 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$) | |||||
| Region | APRIL-OCT | Share in | APRIL-OCT | Share in | % Variation |
| 2013 | Total Export | 2014 | Total Export | ||
| Southern | 1012.53 | 30.39% | 1171.95 | 29.81% | 15.74% |
| Western | 744.47 | 22.34% | 850.16 | 21.62% | 14.20% |
| Eastern | 452.28 | 13.57% | 478.95 | 12.18% | 5.90% |
| Northern | 417.26 | 12.52% | 472.78 | 12.03% | 13.30% |
| Central | 95.21 | 2.86% | 164.90 | 4.19% | |
| Others | 610.03 | 18.31% | 792.71 | 20.16% | 29.95% |
| Total | 3331.78 | 100.00% | 3931.44 | 100.00% | 18.00% |
4.0 Conclusion:
India’s export of Leather and Leather products for the period April-October 2014 touched US$ 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
