World Footwear

Trade

Leather footwear exports continue to decline in India

Apr 22, 2016 India
Leather footwear exports continue to decline in India
According to the Council for Leather Exports (CLE) leather footwear exports reached 1 802.48 million US dollars in the first ten months of the fiscal year, declining by 7.0% from similar period in the previous year
Using data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) the CLE estimates that sales abroad of leather and leather products for the period April 2015 – January 2016 reached 4 956.53 million US dollars, compared to 5 551.21 million US dollars in similar period of the previous year. This represents a decline of 10.7%.

Leather footwear exports totaled 1 802.48 million US dollars in the first ten months of the fiscal year, declining by 7.0% from similar period in the previous year (1 938.07 million US dollars).

In the same period exports of finished leather declined by 22.70% and leather goods by 5.4%.

Worth being highlighted is the performance of exports of non-leather footwear, the only category within the industry not showing declining exports. A stable performance compared to similar period in 2014-15, with a growth rate of only 1.4%.

The main destinations for the exports of leather and leather products during the period were Germany (11.5%), US (14.4%), UK (12.3%) and Italy (6.9%), all together representing roughly 45% of the sales abroad of these products.

According to the World Footwear Yearbook in 2014 India was the 8th largest exporter of footwear with a 1.2% share in total exports.

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