Surprise good news from German leathermakers
Examination of the latest statistics from the German Leather Federation (VDL) shows that the organsation’s forty-strong membership upped its output 5.1% to Eur632 million in 2002. Domestic business increased by 4.5% while exports were up 6%.
The sector provided employment for some 3,300 workers who produced 17 million square metres of finished leather, making Germany Europe’s third-biggest producer after
Supplies of cow and bull hides from domestic sources meanwhile were down 1.2% and calves by -8.6%. Despite its continuing problems, VDL says it is hoping for further signs of improvement in the second half of 2003.
Chinese imports accounted for the largest (33.5%) share, totalling Eur171 million ($192.2 million).