Belarusian wet blue attracts competition
Poland has been the biggest recipient of leather products from Belarus this year with transactions totalling $2.1 million, according to the country’s exports agency.
Since the end of April, a total of $5.5 million worth of leather products have been sold abroad via the Belarusian Universal Commodity Exchange (BUCE), with the UK taking $1.3 million and Russia $1 million.
Roman Yaniv, a spokesman for BUCE, said: “In addition, the Belarusian wet blue leather is supplied to Italy, Lithuania and Switzerland, where we managed to find potential buyers and attract them to the trading in the shortest possible time.”
He added that foreign buyers’ interest in wet blue had risen significantly this month.
“We are seeing high competition for almost every lot put up for sale, and companies from at least three or four countries participate in each trading. All products offered by the Belarusian leather-dressing enterprises are bought out. If we talk about the market situation, right now it is definitely a traders' market, and they have been successfully using it,” he said.