USHSLA is wary of sluggish leather demand and of trading tensions
15/02/2018
On releasing full-year figures for 2017, Mr Sothmann said USHSLA’s export data figures show that global leather consumption remains “sluggish” following a deep market correction in 2015. “A variety of factors, including reduced leather utilisation in footwear globally, have pushed overall leather demand lower,” he commented.
He went on to say that the hide industry is also closely monitoring the global political situation and trade environment.
“The hides and skins industry is concerned about the political rhetoric surrounding international trade,” he said. “We hope that any policy revisions to the existing international trading system will not negatively impact a thriving US industry’s ability to compete in the global marketplace.”
He added that this is of particular concern at a time when “formidable competitors” are finalising free trade agreements that he believes could put the US industry at a competitive disadvantage. He said USHSLA is committed to working with the US government and trading partners across the world to make sure US raw material continues to have good market access.
Share this story:
