Ups and downs – the 2015 market outlook in China

The sales revenue of China’s leather, fur, leather and fur products, and footwear industries in 2015 achieved an increase of 6.1% but declined 3.0 percentage points in growth rate from the previous year. The figures are derived from enterprises of which the annual sales revenue exceeds 20 million yuan or above.

The exports of these industries in 2015 totalled $86.1 billion, with a decrease of 3.1% year on year, and the growth rate declined by 10.3 percentage points. The imports reached $9.6 billion, up 2.1% and the growth rate increased by 8.6 percentage points.

Tanning industry

The total output of finished leather in 2015 produced by 607 medium and large-sized tanneries was six billion square meters, an increase of 2.2% compared with the previous year.

The exports of finished leather reached 39,224t, which was valued at $612.2 million, increasing by 19.1 and 20.2% respectively compared with last year.

A total of 1.37 million tons of raw hide/skin valued at $3.06 billion was imported, increasing by 5.7% and declining by 11.0% year on year. 739,800t of semi-finished valued at $1.81 billion were imported, down by 8.0% in terms of volume and down 5.4% in value compared with last year. The imports of finished leather reached 160,700t in volume and $2.63 billion in value, decreasing by 11.1 and 9.6% respectively in comparison with 2014.

Footwear industry

Last year, the output of leather shoes produced by medium and large-sized manufacturers totalled 4.56 billion pairs,
with a year-on-year rise of 1.2%.

Exports of all kinds of shoes totalled 9.87 billion pairs, with a value of $51.1 billion, decreasing by 8.1 and 5.1% respectively year on year. Imports of shoes reached 97.0 million pairs totalling $2.5 billion, 32.4 and 20.1% up respectively compared with last year.

Among the export figures, leather shoes accounted for 839 million pairs at a value of $12.1 billion, down by 13.0 and 11.8% respectively, while the imports of leather shoes amounted to 38.8 million pairs and $1.5 billion, increasing by 23.1 and 6.4% respectively.

Leather garments industry

In 2015, the output of leather garments totalled 80.3 million pieces, with a decrease of 7.4% year on year.

The volume and value of leather garments exports were 8.3 million pieces and $369.7 million, reducing by 15.4% and 34.2% respectively compared with last year. Total import amounted to 404,000 pieces, $101.9 million in terms of value, up by 42.2% and down by 12.0% respectively.

Luggage and bags industry

The value of luggage and bag exports reached $28.2 billion, up by 3.9% year-on-year. While the value of imports reached $1.8 billion, up by 3.3%.

Fur industry

The output of fur garments totalled 5.2 million pieces, with a decline of 3.7% year-on-year.

The exports of fur garments was 3.4 million pieces valued at $2.2 billion, decreasing by 10.2 and 21.4% respectively compared with last year. The value of other fur products exports was $1.1 billion, declining by 15.7%.

The imports of fur garments reached 31,600 pieces, valued at $34.3 million, increasing by 0.1% in volume and decreasing 2.4% in value in comparison with 2014. The value of other fur products exports was $1.1 billion, declining by 15.7%. The value of other fur products imports was $1.1 billion, increasing by 27.7%. ?