Kenya Adds 80% Additional Value To Raw And Furs.
Kenya The leather development centre does not welcome the freedom to be signed between African countries and the European Union. Trade Agreement, because this will threaten the development of leather industry in recent years.
According to the leather development center, the EU's commitment to free trade may affect Kenya. Exit Leather and fur from EU Export duty 。 These export taxes have been levied since 2006 (starting at 20%, then rapidly rising to 40%), prompting Kenya's domestic enterprises to process raw hide and fur raw materials to at least wet blue stage.
Leather Development Center said that through processing to the wet blue stage, the added value of raw leather and fur can be increased by 80%, while the processing to the billet leather stage can add an additional value of 200%, and processing to leather can increase the additional value of 400%.
In the year when leather and fur were applied to the 40% export tax rate, Kenya's leather exports increased by 54%. At present, about 98% furs (and 96% raw skins) produced in Kenya are processed to wet blue stage at least. In 2004, the proportion was only 56%.
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