China’s leather industry grew revenues by 9% in 2014

11/09/2015
The China Leather Industry Association (CLIA) has said growth in the industry in China slowed last year to single figures.

Chen Zhanguang, the deputy general secretary of CLIA, revealed some of the Chinese industry’s latest statistics at the World Leather Congress in Milan. He said the industry there achieved revenues of $200 billion in 2014, year-on-year growth of 9%.

Mr Chen said China exported 2.7 billion pairs of shoes in 2014, with a value of $54 billion, with leather shoes accounting for $14 billion of this revenue. However, in terms of imports, leather shoes “dominate”, he explained, giving 73 million as the volume of shoes imported into China last year, an increase of 32% on the previous year, and $2 billion as the value of these imports, a year-on-year rise of 28%.

“These are hard times for the leather industry in China,” Mr Chen said in Milan, “but we are still positive about our medium- and long-term prospects.”