Shenzhen Shoe Upper Leather Market: Cowhide Is Unsalable, PU Leather Is Popular.
The anti-dumping duty imposed by the European Union has a significant impact on the export oriented shoe factories in Shenzhen.
By visiting some shoe factories and leather sales market in Longgang, Shenzhen, the demand for genuine leather shoes is not optimistic.
In the same period last year, shoes factories generally had orders for leather goods, and then entered the peak of women's shoes in autumn and winter in June ~8 months.
However, a lot of dermis traders reflect that this year's shoe factories are lagging behind, and the amount has been significantly reduced, especially cowhide, which has been reduced by more than 60% over the same period last year. Some businesses have even temporarily abandoned the development and sale of cattle hide leather, and have turned to developing luggage leather and sofa leather vigorously.
Because the country has restricted the importation of raw leather, the source of leather is scarce, and the price is not falling, which is no doubt a plus for the shoe upper leather.
The EU has imposed an anti-dumping duty on 4.8%~19.4% on Chinese leather shoes, while the profit of China's exports to EU shoes is currently about 5%~15%.
As a result, many weaker Shenzhen shoe factories may quietly go out in the continuous growth of tariff.
In order to survive, many shoe manufacturers have made great adjustments to the product structure. Before making European orders, they began to make orders in the Middle East and Africa, thereby reducing the production of leather shoes and increasing the number of shoes made of leather and textile fabrics.
Many export enterprises began to turn to domestic sales, while the domestic sales of shoes were generally low, and the upper leather was mainly made of PU leather.
Therefore, the situation reflected from the leather market in Shenzhen is that the sales of PU shoe upper leather have been greatly increased, especially the PU leather, such as crazy horse skin, Niu Ba leather, super fiber and so on, is favored by shoe factories.
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