Introduction:

As per officially notified DGCI&S data, export of leather & leather products for the period April-December 2015 touched US$ 4457.36 mn as against the export of US$ 4990.15 mn in the corresponding period of last year i.e. April-December, 2014, recording a negative growth of -10.68%.

A statement showing export of leather and leather products (both in rupees and dollar terms) from India during April-December 2015 vis-à-vis April-December 2014 is given below:

		(Value in Million Rs)
CATEGORY	APR-DEC	APR-DEC	% VARIATION
	2014	2015
FINISHED LEATHER	63403.86	52358.53	-17.42%
LEATHER FOOTWEAR	104849.89	103599.25	-1.19%
FOOTWEAR COMPONENTS	17449.18	14291.42	-18.10%
LEATHER GARMENTS	28478.24	27865.47	-2.15%
LEATHER GOODS	66900.77	67912.58	1.51%
SADDLERY AND HARNESS	7663.93	7119.94	-7.10%
NON-LEATHER FOOTWEAR	14549.84	15645.31	7.53%
TOTAL	303295.71	288792.5	-4.78%
Source : DGCI &S

		(Value in Million US$)
CATEGORY	APR-DEC	APR-DEC	% VARIATION	% Share
	2014	2015
FINISHED LEATHER	1043.19	808.13	-22.53%	18.13%
LEATHER FOOTWEAR	1725.1	1599	-7.31%	35.87%
FOOTWEAR COMPONENTS	287.09	220.58	-23.17%	4.95%
LEATHER GARMENTS	468.55	430.09	-8.21%	9.65%
LEATHER GOODS	1100.72	1048.2	-4.77%	23.52%
SADDLERY AND HARNESS	126.1	109.89	-12.85%	2.47%
NON-LEATHER FOOTWEAR	239.39	241.48	0.87%	5.42%
TOTAL	4990.15	4457.36	-10.68%	100.00%
Source : DGCI &S

• From the above table, it may please be noted that all the leather & leather products (except Non-Leather footwear) have shown decline during the first nine months of the current financial year 2015-16.
• Footwear holds the major share in exports. The export of different categories of Footwear (leather and non-leather) accounts for 41%. This is followed by Leather Goods accounting for 24%, Finished Leather 18% and Leather Garments 10%.

A Statement showing the Product-wise Export performance (both in rupees & dollar terms) during December, 2014 vis-à-vis December, 2015 is given below:

		(Value in Million Rs)
CATEGORY	DEC	DEC	% VARIATION	% Share
	2014	2015
FINISHED LEATHER	6382.35	5133.25	-19.57%	18.13%
LEATHER FOOTWEAR	12846.55	12332.52	-4.00%	35.87%
FOOTWEAR COMPONENTS	1743.03	1431.93	-17.85%	4.95%
LEATHER GARMENTS	3674.37	3080.83	-16.15%	9.65%
LEATHER GOODS	7572.73	7561.28	-0.15%	23.52%
SADDLERY AND HARNESS	750.13	713.35	-4.90%	2.47%
NON-LEATHER FOOTWEAR	1163.19	1207.39	3.80%	5.42%
TOTAL	34132.35	31460.55	-7.83%	100.00%
Source : DGCI &S, Calcutta

			(Value in Million US$)
CATEGORY	DEC		DEC	% VARIATION
	2014		2015
FINISHED LEATHER	105.01		79.23	-24.55%
LEATHER FOOTWEAR	211.37		190.35	-9.94%
FOOTWEAR COMPONENTS	28.68		22.1	-22.93%
LEATHER GARMENTS	60.45		47.55	-21.34%
LEATHER GOODS	124.59		116.7	-6.33%
SADDLERY AND HARNESS	12.34		11.01	-10.79%
NON-LEATHER FOOTWEAR	19.14		18.64	-2.63%
TOTAL	543.92		472.41	-13.15%
Source : DGCI &S, Calcutta

Major Highlights:

• In Rupee Terms,export of leather & leather products has shown an overall negative growth @ -7.83% during the reporting month.
• In Dollar Terms, export of leather & leather products has shown an overall negative growth @ -13.15% in the month of December, 2015 as compared to December, 2014.

Trend in India’s export of Leather & Leather Products to different Countries during April-December 2015 vis-à-vis April-December2014, are given below:

	TOTAL			Share in	Share in
COUNTRY	APR-DEC		% change	total export	total export
	2014	2015		2014	2015
GERMANY	624.7	507.28	-18.80%	12.52%	11.38%
U.S.A.	572.18	645.49	12.81%	11.47%	14.48%
U.K.	574.87	553.33	-3.75%	11.52%	12.41%
ITALY	388.22	304.29	-21.62%	7.78%	6.83%
FRANCE	279.94	222.43	-20.55%	5.61%	4.99%
HONG KONG	339.52	248.65	-26.76%	6.80%	5.58%
SPAIN	269.25	243.7	-9.49%	5.40%	5.47%
RUSSIA	39.49	32.64	-17.34%	0.79%	0.73%
NETHERLANDS	173.78	140.95	-18.89%	3.48%	3.16%
AUSTRALIA	61.22	61.98	1.24%	1.23%	1.39%
NEWZEALAND	8.19	8.42	2.81%	0.16%	0.19%
DENMARK	64.25	56.71	-11.74%	1.29%	1.27%
GREECE	11.14	8.4	-24.59%	0.22%	0.19%
CANADA	46.9	35.27	-24.80%	0.94%	0.79%
SWITZERLAND	28.76	22.32	-22.41%	0.58%	0.50%
SWEDEN	36.38	29.19	-19.77%	0.73%	0.65%
S. AFRICA	37.93	40.58	6.99%	0.76%	0.91%
AUSTRIA	25.59	20.07	-21.55%	0.51%	0.45%
BELGIUM	88.74	63.44	-28.51%	1.78%	1.42%
JAPAN	39.24	44.51	13.42%	0.79%	1.00%
PORTUGAL	53.32	44.99	-15.62%	1.07%	1.01%
CHINA	155.81	125.92	-19.18%	3.12%	2.82%
SINGAPORE	18.37	17.35	-5.58%	0.37%	0.39%
U.A.E.	211.49	213.22	0.82%	4.24%	4.78%
INDONESIA	20.1	18.97	-5.62%	0.40%	0.43%
KOREA REP.	54.47	62.32	14.40%	1.09%	1.40%
VIETNAM	89.53	84.56	-5.55%	1.79%	1.90%
SAUDI ARABIA	34.79	25.91	-25.51%	0.70%	0.58%
OTHERS	642.01	574.49	-10.52%	12.87%	12.89%
TOTAL	4990.15	4457.36	-10.68%	100.00%	100.00%

Country-wise analysis:

• The major markets for Indian Leather & Leather Products are USA with a share of 14.48%, U.K. 12.41%, Germany 11.38%, Italy 6.83%, Hong Kong 5.58%, Spain 5.47%, France 4.99%, UAE 4.78%, Netherlands 3.16%, China 2.82%, Vietnam 1.90%, Belgium 1.42%, Korea Rep. 1.40%, Australia 1.39%, Denmark 1.27% and Portugal 1.01%.
• These 16 countries together accounts for nearly 80% of India’s total leather& leather products export.
• Export of leather & leather products to the markets like, USA, UAE, New Zealand, South Africa, Japan and Korea Republic have shown positive growth during April-December, 2015.
• Whereas, export to the markets like Germany, Italy, France, Hong Kong, Spain, UK, Russia and Netherlands etc., have declined during the reporting period.

Port-wise Export Performance:

As per the Port-wise / Region-wise compilation for the period April-December 2015 vis-à-vis April-December, 2014, export of leather & leather products from all the Regions are given below:-

				(Value in Million US$)
Region	APR-DEC	Share in	APR-DEC	Share in	% Variation
	2014	Total Export	2015	Total Export
Southern	1488.75	29.83%	1294.99	29.05%	-13.02%
Western	1083.06	21.70%	966.55	21.68%	-10.76%
Eastern	628.21	12.59%	558	12.52%	-11.18%
Northern	600.01	12.02%	533.14	11.96%	-11.15%
Central	192.39	3.86%	88.01	1.97%	-54.26%
Others	997.73	19.99%	1016.67	22.81%	1.90%
Total	4990.15	100.00%	4457.36	100.00%	-10.68%
Source : DGCI &S, Calcutta

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 & leather products for the period April-December, 2015 touched US$ 4457.36 mn as against the export of US$ 4990.15 mn in the corresponding period of last year i.e. April-December, 2014, recording a negative growth of -10.68%.

Export of different categories of Footwear (leather and non-leather) holds the major share in exports. The export of different categories of Footwear accounts for 41%. This is followed by Leather Goods accounting for 24%, Finished Leather 18% and Leather Garments 10%.

Chart showing the Product wise Percentage Share in total exports