Leather Industry Enters New Normal Development

In 2014, China's annual sales income was more than 20 million yuan (hereinafter referred to as the regulations) leather, fur and products and footwear enterprises (hereinafter referred to as leather main industry) sales revenue of 1 trillion and 300 billion yuan, the growth rate dropped 1.5 percentage points.

Among them, except Leather clothing Outside the industry, the growth rate of other sub sectors has declined. The effect of the central region's undertaking transfer has shown a 15.7% increase compared with the same period last year, and the growth rate in the eastern and western regions has slowed down. It is noteworthy that the industry Profitability level The total profit was 83 billion 120 million yuan, the growth rate dropped 4.9 percentage points, and the sales profit margin was 6.5%, down 0.04 percentage points compared with the same period last year. In particular, coastal provinces are facing pains in the process of transformation and upgrading. The profit margins of leather and leather provinces such as Guangdong and Zhejiang are only 3.6% and 4.6%, significantly lower than the average level of the industry.

The export growth rate of industry has dropped for three consecutive years. In 2014, the main leather industry exported 88 billion 900 million US dollars, and the growth rate dropped 1.8 percentage points. Among them, luggage accounted for 30.1% of the total export volume of the industry. Order Exports to foreign countries declined by 1.7% over the same period last year, the first time since 2009. The growth rate of exports to the traditional markets such as Europe and the United States is low, while the export growth rates to emerging markets such as ASEAN and Africa are 11.6% and 19.1% respectively. Among them, the industry's exports to the five Central Asian countries on the Silk Road Economic Belt surged by 85.9%, and Kazakhstan jumped to the seventh largest exporter of the industry. The boom in border trade has spurred exports in the provinces of the same economic belt. Xinjiang grew by 84.5% over the same period last year, becoming the fifth largest export province in China. Exports from Inner Mongolia and Ningxia doubled, up 135.7% and 161.6% respectively.

In 2014, China's leather industry imported 9 billion 370 million US dollars, showing an accelerated state. The contribution of products to growth once again exceeds the import of raw materials. The consumption oriented Shanghai instead of the processing trade type Guangdong has become the first big import Province in China, showing that the consumption structure of our country has changed. Shanghai and Guangdong each account for 30% of the total imports, but the import products are obviously different. Shanghai imports mainly shoes, bags and other products, accounting for 87.5% of its total imports. Guangdong imports mainly raw materials such as finished leather, semi finished leather and tanned fur, accounting for 86% of its total imports.