Introduction:

As per officially notified DGCI&S monthly export data, the export of Leather and Leather products for the period April-August 2015 touched US$ 2653.64 mn as against the performance of US$ 2872.64 mn in the corresponding period of last year (April-August 2014), recording a negative growth of -7.62%. In rupee terms, the export touched Rs. 169367.00 million in April-August 2015 as against the previous year’s performance of Rs. 172557.35 million registering a negative growth of -1.85%.

A Statement showing the Product-wise Export performance during April-August 2015 vis-à-vis April-August 2014 is given below:

		(Value in Million US$)
CATEGORY	APRIL-AUG	APRIL-AUG	% VARIATION	% Share
	2014	2015
FINISHED LEATHER	605.47	486.34	-19.68%	18.33%
LEATHER FOOTWEAR	1010.22	962.75	-4.70%	36.28%
FOOTWEAR COMPONENTS	171.61	134.68	-21.52%	5.08%
LEATHER GARMENTS	264.11	260.22	-1.47%	9.81%
LEATHER GOODS	606.06	590.83	-2.51%	22.26%
SADDLERY AND HARNESS	74.07	63.35	-14.47%	2.39%
NON-LEATHER FOOTWEAR	141.11	155.47	10.18%	5.86%
TOTAL	2872.64	2653.64	-7.62%	100.00%

		(Value in Million Rs)
CATEGORY	APRIL-AUG	APRIL-AUG	% VARIATION
	2014	2015
FINISHED LEATHER	36369.96	31040.15	-14.65%
LEATHER FOOTWEAR	60682.96	61447.04	1.26%
FOOTWEAR COMPONENTS	10308.72	8595.74	-16.62%
LEATHER GARMENTS	15864.81	16608.66	4.69%
LEATHER GOODS	36405.39	37709.32	3.58%
SADDLERY AND HARNESS	4449.38	4043.31	-9.13%
NON-LEATHER FOOTWEAR	8476.13	9922.78	17.07%
TOTAL	172557.35	169367	-1.85%
Source: DGCI&S

Major Highlights:

• In Rupee Terms, export of leather & leather products have shown positive growth in all the product segments during the period April-August 2015.
• In Dollar Terms, export of leather & leather products have shown positive growth in all the product segments during the period April-August 2015.

Country-wise analysis:

Major export markets are USA 14.35%, U.K. 12.32%, Germany 11.09%, Italy 6.95%, Hong Kong 5.85%, U.A.E. 5.66%, Spain 5.56%, France 4.94%, Netherlands 3.02%, China 2.90%, Vietnam 1.81% and Belgium 1.42%.

These 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, Italy, France, Hong Kong, Russia, Netherlands, Denmark, Greece, Canada, Switzerland, Sweden etc. have shown negative growth during April-August 2015. However, export of leather and leather products to the markets viz., USA, New Zealand, South Africa, Japan, UAE, Korea Rep. etc., has recorded positive growth during the reporting period.

Trend in India’s Export of Leather & Leather Products to different countries during April-August 2015 vis-à-vis April-August 2014 :

			(VALUE IN MILLION US$)
	TOTAL			Share in	Share in
COUNTRY	APRIL-AUG		% change	total export	total export
	2014	2015		2014	2015
GERMANY	363.5	294.24	-19.05%	12.65%	11.09%
U.S.A.	315.3	380.73	20.75%	10.98%	14.35%
U.K.	321.6	326.9	1.65%	11.20%	12.32%
ITALY	236.15	184.3	-21.95%	8.22%	6.95%
FRANCE	170.38	131.11	-23.05%	5.93%	4.94%
HONG?KONG	206.87	155.26	-24.95%	7.20%	5.85%
SPAIN	149.73	147.65	-1.39%	5.21%	5.56%
RUSSIA	21.65	17.57	-18.87%	0.75%	0.66%
NETHERLANDS	105.45	80.12	-24.02%	3.67%	3.02%
AUSTRALIA	32.94	32.71	-0.68%	1.15%	1.23%
NEWZEALAND	4.96	5.4	8.79%	0.17%	0.20%
DENMARK	36.42	30.18	-17.13%	1.27%	1.14%
GREECE	6.24	4.98	-20.27%	0.22%	0.19%
CANADA	26.28	21.61	-17.75%	0.91%	0.81%
SWITZERLAND	16.07	14.26	-11.22%	0.56%	0.54%
SWEDEN	22.1	17.41	-21.21%	0.77%	0.66%
S. AFRICA	22.2	24.56	10.66%	0.77%	0.93%
AUSTRIA	16.39	13.09	-20.15%	0.57%	0.49%
BELGIUM	56.66	37.59	-33.66%	1.97%	1.42%
JAPAN	21.33	23.12	8.39%	0.74%	0.87%
PORTUGAL	32.59	27.78	-14.75%	1.13%	1.05%
CHINA	87.52	76.97	-12.05%	3.05%	2.90%
SINGAPORE	11.85	8.58	-27.60%	0.41%	0.32%
U.A.E.	116.92	150.15	28.42%	4.07%	5.66%
INDONESIA	10.6	10.71	1.07%	0.37%	0.40%
KOREA REP.	28.39	32.58	14.75%	0.99%	1.23%
VIETNAM	49.14	48.12	-2.07%	1.71%	1.81%
SAUDI ARABIA	19.99	17.84	-10.75%	0.70%	0.67%
OTHERS	363.43	338.11	-6.97%	12.65%	12.74%
TOTAL	2872.64	2653.64	-7.62%	100.00%	100.00%
Source : DGCIS

Port-wise Export Performance:

As per the Port-wise / Region-wise compilation for the period April-August-2015 vis-à-vis April-August 2014, export of leather & leather products from all the Regions have shown positive export trends.

				(Value in Million US$)
Region	APRIL-AUG	Share in	APRIL-AUG	Share in	% Variation
	2014	Total Export	2015	Total Export
Southern	862.1	30.01%	764.58	28.81%	-11.31%
Western	625.78	21.78%	588.81	22.19%	-5.91%
Eastern	351.87	12.25%	308.32	11.62%	-12.38%
Northern	324.74	11.30%	320.07	12.06%	-1.44%
Central	127.33	4.43%	52.21	1.97%	? -59.00%
Others	580.83	20.22%	619.66	23.35%	6.69%
Total	2872.64	100.00%	2653.64	100.00%	-7.62%

Note: This is purely based on port-wise compilation and does not reflect the accurate regional performance: Source: DGCI& S

Conclusion:

India’s export of leather and leather products decreased to US$ 2653.64 mn as against the performance of US$ 2872.64 mn in the corresponding period of last year, recording a negative growth of -7.62%.

Export of Footwear alone holds a major share of 36.28% in India’s total leather & leather Products exports, followed by Leather Goods & Accessories with a share of 22.26%, finished leather 18.33%, leather garments 9.81%, Non-Leather Footwear 5.86%, Footwear Components 5.08% and saddlery & harness 2.39%.

Chart showing the Product wise Percentage Share in total exports