China Leather Industry Enters A Steady Development Track To Meet New Targets And Tasks In 2015

In April 16th, the leather industry economic operation conference was held in Beijing in April 16th. Ye Xiangju, Deputy Secretary General of China Leather Association, introduced the 2014 economic situation of leather industry in China, and summarized relevant questions and statistics.

China's leather industry has entered a new normal of steady development. The main economic indicators have grown to a single digit rate, and the growth rate has come down. In 2014, the middle and low leather prosperity index moved lower and lower, and gradually slid to the lower limit of the stable interval. The future trend is worrying, and the profit climate index is falling into the gradual cooling zone. The industry urgently needs to improve the quality of economic operation.

In 2014, China's annual sales income of more than 20 million yuan (hereinafter referred to as the regulation) leather, fur and products and shoemaking 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, apart from leather clothing industry, other sub sectors growth rate 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 worth noting that the industry's profit level has declined, the total profit is 83 billion 120 million yuan, the growth rate has dropped 4.9 percentage points, and the profit margin of sales has been 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.

Industry export growth slowed down for three consecutive years, 2014 Leatherwear The main industry exported 88 billion 900 million US dollars, the growth rate dropped 1.8 percentage points. At the end of the year, the export ended unexpectedly, which is different from previous years. Among them, bags accounted for 30.1% of the total exports of the industry, which led to the transfer of orders to foreign countries, and exports decreased by 1.7% year-on-year, which was 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.

2014, China Leather main body The industry imports 9 billion 370 million US dollars, accelerating. 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.

Data from the beginning of this year showed that production and exports were accelerating, while sales and profits continued to slow down. Although the opening is steady, the industry is cautiously optimistic about the future development. In the 1-2 month of 2015, the production of light leather was 71 million 957 thousand square meters, the output of leather garments was 11 million 44 thousand, fur clothing was 611 thousand, leather shoes 580 million pairs, and the growth rate of the products increased by 5.7, 30.6, 84.2, 4.5 percentage points respectively, except for leather shoes, the other three were negative growth in the same period last year. In the 1-2 months of this year, the sales revenue of the leather industry was 175 billion 40 million yuan, and the growth rate of 108.3 increased by 8.2% compared with the same period last year. The profit was 11.8% yuan, up 2.6 and 2.5 percentage points respectively. The footwear industry, which occupies half of the industry, is weak, and sales and profit growth rates are lower than the average 1.2 and 1 percentage points respectively. While the traditional leather provinces, Fujian, Guangdong and Zhejiang all performed poorly, while Fujian's sales and profits ranked first, but the growth rate was only 1.2% and 2.8% respectively.

Compared with the same period last year dropped 3.1%, 1-2 months this year, China's main industry exports $15 billion 580 million, an increase of 18.3% over the same period last year. The growth was concentrated in February. The growth rate was 97% because of the low base last year. In fact, it dropped by 11.2% in January compared with 17.2% in February. With regard to the ups and downs of data, the devaluation of the RMB is an important force to increase exports. While the European and American markets are warming, ASEAN's demand has not been reduced, and the growth of export orders has also been stimulated. In contrast, the industry's exports to Russia have declined sharply and will continue to be volatile in the future. Contrary to exports, imports amounted to US $1 billion 350 million, an increase of 5.1% over the same period last year, and the growth rate slowed down by 12.7 percentage points.

On the whole, it is expected that the industry will basically continue to grow in 2014 in 2015, and sales revenue, profits and exports will continue to maintain a high single digit growth rate. World clothing shoes and hats net Xiaobian believes that practical efforts and manipulation are important.