World Footwear

Trade

Declining exports in India

Dec 3, 2019 India
Declining exports in India
The weak demand from key European countries impacted the performance of the exports of the Indian leather industry
Indian newspaper The Times of India is reporting that exports of the local leather industry have already fell by 5.6% year-on-year, in value, considering the first seven months of the fiscal year, and referring to data by the Council for Leather Exports (CLE).

According to the same source, exports of the leather industry have been falling since April. Amongst the different categories, exports of finished leather and footwear components registered the largest declines, with drops of 29.1% and 19.2%, respectively. Leather goods, growing by 2.4%, and non-leather footwear, increasing by 20.3%, registered good performances in the same period.

The fall in international prices of hides and skins is being referred as the main cause of the drop in exports.

Image credits: m0851 on Unsplash

Related Events

  • Mar
    28
    Mar 28-Mar 30, 2024 | Kolkata, India

    India Leather & Accessories Fair

  • Mar
    29
    Mar 29-Mar 31, 2024 | Agra, India

    Agra Footwear Expo

  • Nov
    19
    Nov 19-Nov 21, 2025 | Mumbai, India

    Techtextil India

Related Organizations

  • The Indian Leather Products Association

    The Indian Leather Products Association

    India
  • Indian Shoe Federation

    Indian Shoe Federation

    India
  • CFLA - Council for Footwear Leather & Accessories

    CFLA - Council for Footwear Leather & Accessories

    India
  • IFLMEA - Indian Finished Leather Manufacturers & Exporters Association

    IFLMEA - Indian Finished Leather Manufacturers & Exporters Association

    India