World Footwear

Trade

China leather industry expected to keep on track

Apr 29, 2016 China
China leather industry expected to keep on track
Moderate growth in revenue and profits is expected for 2016 according to CLIA, the China Leather Industry Association, notwithstanding the uncertainty in overseas markets which poses various challenges for exports
CLIA, the China Leather Industry Association, confirmed that the slowdown of exports has accelerated in the second half of 2015, with the overall export value in the year reaching 86.13 billion US dollars, resulting in a 3.1% decline. According to the same source, footwear exports, declining by 5.1%, accounted for 59.4% of exported value.

The export figures in the first two months of the current fiscal year are not very optimistic, as the total exports value declined by 21.1% year-on-year to 12.29 billion US dollars. CLIA pointed out that a weakness in creativity and a focus on low-end products are damaging the potential growth of the Chinese leather industry, which can be worsened by the lost of low production costs advantage and the relocation of industry to southeast Asia and Africa countries.

CLIA also pointed out that the fundamentals of the Chinese economy remain unchanged, which allied to the huge potential internal market, and complete industrial chain, high effective production clusters and high skilled workers result in a strong foundation to support the industry's growth.

Related Events

  • Apr
    23
    Apr 23-Apr 26, 2024 | Shenzhen, China

    Chinaplas

  • Apr
    25
    Apr 25-Apr 27, 2024 | Shangai, China

    China International Occupational Safety & Health Goods Expo

  • May
    6
    May 6-May 8, 2024 | Shanghai, China

    SISE Shanghai International Footwear Exhibition

  • May
    10
    May 10-May 12, 2024 | Guangzhou, China

    Asia Water Recreational Sports Expo

Related Organizations

  • Wenzhou Ouhai District Shoe Leather Industry Association of Wenzhou

    Wenzhou Ouhai District Shoe Leather Industry Association of Wenzhou

    China
  • CNLIC - China National Light Industry Council

    CNLIC - China National Light Industry Council

    China
  • China Sewing Machinery Association

    China Sewing Machinery Association

    China
  • CLIA - China Leather Industry Association

    CLIA - China Leather Industry Association

    China