Turkish consumers feel the effect of higher leathe - footwearbiz: Lead

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Turkish consumers feel the effect of higher leather prices

01/06/2022

Industry observers in Turkey have said the price in the domestic market of finished leather for shoe uppers has increased by 40% in the last four months.

They have pointed out that the effects of this are already noticeable in the prices Turkish consumers are having to pay for footwear and other finished products made from leather.

Tanners have said higher prices for imported leather chemicals and for transportation are the main reasons, but have pointed out that devaluation of the local currency, the lira, against the dollar and the euro have made the situation even more challenging.

 

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