Leather Market Downturn Slowed Down To Below 10%

< p > recently, China's leather industry is in a depressed market, and the business of leather manufacturers is lighter than before. No matter in terms of sales or profit margins, it has been reduced to varying degrees. In the export market, it is not as good as expected. China's export oriented leather industry has been greatly impacted, and the growth rate of imports and exports of the industry has gone from double digit era to below 10%.

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< p > 2013, the business of the whole industry was generally depressed, and the consumption ability of consumers on leather decreased, resulting in a decline in total industry sales, and profit margins have been repeatedly compressed. Over five thousand of the price of clothing profits may reach 30%, and the profit margin in 2013 can only reach 15%.

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< p > > a href= "http://www.91se91.com/news/index_c.asp" > leather industry < /a > profits decline, mainly in recent years, the price of raw materials has been rising, nearly 20% per year.

Labor, rent and other expenses are also increasing. Meanwhile, the professional market prices of leather garments have not changed much.

Influenced by factors such as rising production costs and appreciation of RMB, China's leather industry's cost advantage has been weakened. Some of its former foreign customers are pferring to low-cost countries such as India.

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< p > China's < a href= "http://www.91se91.com/news/index_c.asp > > leather export < /a > the impact of enterprises is mainly reflected in the reduction of market orders, the reduction of international buyers' prices and the dilution of suppliers' profits. This has also prompted some foreign trade enterprises to turn their attention to the domestic market.

The main impact is the small and medium-sized enterprises and some small brand enterprises, and some of the local big enterprises have a brand advantage to deal with in time, and the impact is not large.

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The product structure of < p > a href= "http://www.91se91.com/news/index_c.asp" > leather goods < /a > has also changed. The whole market has seen a decline in sales of high priced leather goods, and sales of leather goods at medium and low prices are rising.

In addition, the past two years, leather industry electricity supplier sales also showed an upward trend, the road of electricity supplier may become the industry cost sharing, out of the doldrums of the road.

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< p > affected by the complex economic situation at home and abroad and the rising cost, the development of leather industry is facing many challenges. However, the market downturn and the lack of pricing power have limited the terminal price increase, and the downturn of the leather industry will continue.

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< p > related links: < /p >

< p > leather industry covers the main industries such as leather making, shoemaking, leather clothing, leather products, fur and its products, as well as supporting industries such as leather chemical industry, leather hardware, leather machinery, accessories and so on.

The relationship between upstream and downstream is high, and driven by market, the product is evergreen, which integrates foreign exchange, enriching people and employment.

After adjusting and optimizing the structure of China's leather industry, a series of leather production characteristics and specialized markets have been formed in the whole country, which play a decisive role in promoting the local economy.

Their formation has laid the foundation for the development of China's leather industry.

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< p > in the increasingly competitive market environment, it is not easy for China's leather industry to achieve such a result. It also proves the vitality and strength of China's leather industry.

The market potential of leather and its products is very large. The global leather demand is about 100 million square meters, equivalent to 300 million cowhide (standard leather) output. China's leather output is equivalent to nearly 70 million sheets of standard leather, accounting for 23.33% of the world's leather output.

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< p > however, Chinese leather shoes and related industries should also face up to the fact that in twenty-first Century, there are still many shortcomings in China. Although China is a big leather producer in the world, it is not a leather power country. It is still in a weak position in terms of quality and value. It needs to be honed and improved in the environment of this market.

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