Lineapelle looks back on lacklustre third quarter
In advance of next week’s show, the organisers of Lineapelle have issued their market trends report for the third quarter of 2003. In terms of raw materials, improved prospects for the global economy helped boost mainstream prices, reversing the downward trend previously seen. Though raw hides/skins prices remained stable a slight decrease on the previous quarter was seen in bovine hides and calf skins while sheepskin prices edged upward. The upward price trend was broadly in line with other commodities such as oil and wool.
With regard to leather manufacturing, mean turnovers were down compared with the year before, the only growth being in sheep and goatskins. Calf and bovine leathers were both down, the only interest in the latter being seen from Far Eastern manufacturers. Demand for medium-priced products was generally poor while the long term outlook for fabrics, synthetics, footwear accessories and bottoms/soles remained gloomy. The
In terms of manufactured goods, footwear output was down on the year before as Chinese manufacturers recovered quickly in the wake of SARS. Consumer demand slowed in