German Leather Federation looks back on 2002
After expanding its turnover by 10.1% to Eur600 million in 2001 (source: German Leather Federation), the German leather industry grew by a more modest 7.4% in the first half of this year. Of the total 2001 – and in spite of the strength of the euro - 47% was derived from direct exports and around 20% from indirect business. For the full year, production of bovine grain leather is expected to rise to Eur14 million square meters. – the main engine for growth being continued strong demand from the automotive sector.