Shoe value the only bright spot for Pakistan’s leather sector
09/04/2015
In the period between July 2014 and February 2015, tanners in Pakistan exported 14.9 million square-metres of finished leather, brining in export revenues of $352 million. These figures represent a year-on-year decline in volume of 18.5% and a fall in value of just over 3%.
Similarly, exports in finished leather products, including garments, fell in value by 4.8%, bringing in $412.6 million in the first eight months of the current financial year. And leather footwear exports fell by 7.9% in volume to 8.9 million pairs. However, the value of the country’s footwear exports increased by 18.7% over the period to reach $89.4 million.
In this way, the average export price per pair of Pakistan’s leather footwear increased from $7.76 in the first eight months of financial year 2013-2014 to $10.05.
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