CLIA pleased by early 2017 results after last year’s - leatherbiz: Lea Leatherbiz

News

CLIA pleased by early 2017 results after last year’s “slump”

25/04/2017
A mid-April report from the China Leather Industry Association (CLIA) has said the country’s wider leather sector generated revenue of $28 billion in the first two months of 2017.

Of this revenue, $11.3 billion came from exports. This figure represents a 1.1% decrease in exports year on year, but the CLIA said this suggests the rate of decrease in exports is slowing. In 2016, the industry recorded a downturn in export revenues of 11.3%, the organisation said, the first decline in exports for any year in the last two decades. Exports to the US of leather and finished products made from leather (including footwear) fell by 15% last year, while shipments to the European Union were down by 7.2%.

The CLIA said the figures for the first two months of this year indicated a slow but steady recovery after the “slump” of 2016.



Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.