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

1.0 Introduction:

As per officially notified DGCI& S monthly export data, the export of Leather and Leather products for the period April-June 2014 touched US$ 1619.78 mn as against the performance of US$ 1320.16 mn in the corresponding period of last year, recording a positive growth of 22.70%. In rupee terms, the export touched Rs. 96858.85 million in April-June 2014 as against the previous year’s performance of Rs. 73833.98 million registering a positive growth of 31.18%.

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

EXPORT OF LEATHER AND LEATHER PRODUCTS FROM INDIA DURING APRIL-JUNE 2014 VIS-A-VIS APRIL-JUNE 2013

		(Value in Million Rs)
CATEGORY	APRIL-JUNE	APRIL-JUNE	% VARIATION
	2013	2014
FINISHED LEATHER	18215.11	22676.03	24.49%
LEATHER FOOTWEAR	23481.05	32596.57	38.82%
FOOTWEAR COMPONENTS	4456.42	5623.56	26.19%
LEATHER GARMENTS	6501.33	7724.79	18.82%
LEATHER GOODS	16925.23	20547.88	21.40%
SADDLERY AND HARNESS	1770.67	2236.48	26.31%
NON-LEATHER FOOTWEAR	2484.17	5453.54	119.53%
TOTAL	73833.98	96858.85	31.18%
Source : DGCI &S

		(Value in Million Rs)
CATEGORY	APRIL-JUNE	APRIL-JUNE	% VARIATION	% Share
	2013	2014
FINISHED LEATHER	325.69	379.21	16.43%	23.41%
LEATHER FOOTWEAR	419.85	545.12	29.84%	33.65%
FOOTWEAR COMPONENTS	79.68	94.04	18.02%	5.81%
LEATHER GARMENTS	116.24	129.18	11.13%	7.98%
LEATHER GOODS	302.63	343.62	13.55%	21.21%
SADDLERY AND HARNESS	31.66	37.40	18.13%	2.31%
NON-LEATHER FOOTWEAR	44.42	91.20	105.33%	5.63%
TOTAL	1320.16	1619.78	22.70%	100.00%

1.1 Major Highlights:

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

Country-wise analysis

The major markets for Indian Leather & Leather Products are Germany with a share of 12.19%, U.K. 10.83%, USA 10.49%, Italy 8.87%, France 5.72%, Hong Kong 8.46%, Spain 5.16%, Netherlands 3.37%, China 3.04%, Denmark 1.19%, UAE.4.50%, Belgium 1.89%,

These 12 countries together accounts for nearly 71% of India’s total leather& leather products export.
Export of leather & leather products to major markets like Germany, USA, UK, Italy, Hong Kong, France, Spain, Russia, Canada, Japan, Portugal, UAE, China have shown positive growth during April-June 2014.
Trend in India’s Export of Leather & Leather Products to different countries during April-June 2014 vis-à-vis April-June 2013:

(Value in Million US$)

	TOTAL			Share in
COUNTRY	APRIL-JUNE		% change	total export
	2013	2014		2014
GERMANY	157.75	197.52	25.21%	12.19%
U.S.A.	138.28	169.84	22.83%	10.49%
U.K.	147.94	175.36	18.53%	10.83%
ITALY	125.90	143.63	14.09%	8.87%
FRANCE	72.91	92.65	27.07%	5.72%
HONG KONG	136.71	137.10	0.28%	8.46%
SPAIN	62.46	83.65	33.93%	5.16%
RUSSIA	9.67	10.47	8.28%	0.65%
NETHERLANDS	47.61	54.54	14.56%	3.37%
AUSTRALIA	15.83	17.00	7.40%	1.05%
NEWZEALAND	2.05	2.56	24.77%	0.16%
DENMARK	18.62	19.35	3.95%	1.19%
GREECE	2.47	3.83	55.23%	0.24%
CANADA	9.94	14.50	45.87%	0.90%
SWITZERLAND	7.72	8.98	16.33%	0.55%
SWEDEN	11.13	10.08	-9.43%	0.62%
S. AFRICA	11.80	11.63	-1.44%	0.72%
AUSTRIA	7.90	7.00	-11.35%	0.43%
BELGIUM	22.91	30.59	33.52%	1.89%
JAPAN	10.05	10.47	4.11%	0.65%
PORTUGAL	11.54	18.76	62.46%	1.16%
CHINA	30.27	49.24	62.68%	3.04%
IRELAND	3.44	7.01	103.44%	0.43%
U.A.E.	46.50	72.83	56.62%	4.50%
INDONESIA	6.85	5.93	-13.44%	0.37%
KOREA REP.	12.18	14.25	17.02%	0.88%
FINLAND	19.49	29.97	53.76%	1.85%
SAUDI ARABIA	9.94	12.50	25.75%	0.77%
OTHERS	160.29	208.53	30.10%	12.87%
TOTAL	1320.16	1619.78	22.70%	100.00%
Source : DGCIS

3.0 Port-wise export performance

As per the Port-wise / Region-wise compilation for the period April-June 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-JUNE-2014 vis-a-vis APRIL-JUNE-2013
TOTAL OF LEATHER AND LEATHER PRODUCTS
				(Value in Million US$)
Region	APRIL-JUNE	Share in	APRIL-JUNE	Share in	% Variation
	2013	Total Export	2014	Total Export
Southern	412.13	31.22%	506.19	31.25%	22.82%
Western	315.99	23.94%	373.72	23.07%	18.27%
Eastern	181.17	13.72%	200.17	12.36%	10.49%
Northern	135.49	10.26%	159.58	9.85%	17.78%
Central	33.36	2.53%	68.03	4.20%
Others	242.03	18.33%	312.09	19.27%	28.95%
Total	1320.16	100.00%	1619.78	100.00%	22.70%

4.0 Conclusion:

India’s export of leather & leather products during the period year April-June 2014 touched US$ 1619.78 million as against US$ 1320.16 million in the corresponding period last year, recording a positive growth of 22.70%.
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$ 1619.78 mn. This is followed by Leather Goods & Accessories with a share of 21.21%, finished leather 23.41%, leather garments 7.98% and saddlery & harness 2.31%.

Chart showing the product wise exports April-June 2014