In 2012, China's leather, fur and products and footwear industry achieved a trade surplus of US$68.29 billion, an increase of 10.3% year-on-year, accounting for 29.5% of China's total trade surplus.
Import and export growth slowed down
The leather industry is an industry with more outward-looking features. Under the superposition of the US fiscal cliff, the European debt crisis, and political friction between China and Japan, coupled with exchange rate changes and the loss of cost advantages, orders have begun to shift to Southeast Asia. Statistics show that in 2012, the export growth of the leather industry in China was less than expected, and the value of export delivery accounted for 28% of the sales value, which was 1.4% lower than the same period of last year. China's imports were mainly based on raw materials, and the import growth was also affected by insufficient demand. Fall back.
In 2012, China's exports of leather, fur and products and footwear were US$76.09 billion, an increase of 9.8% year-on-year, and the growth rate dropped by 12.2 percentage points. Among them, footwear contributed a maximum of 7.2% to export growth, while leather garments and leather shoes contributed -0.05% and -0.03% to export growth. In 2012, China imported 7.81 billion U.S. dollars in leather, fur and products, which was an increase of 5.8% year-on-year, representing a 14.6 percentage point drop from the previous year.
In 2012, China's leather, fur and products and footwear industry achieved a trade surplus of US$68.29 billion, an increase of 10.3% year-on-year, accounting for 29.5% of China's total trade surplus.
Su Chaoying said that China's leather, fur and products and footwear industry's export growth in the first three quarters of 2012 was only 7.6%. The export in the fourth quarter was sprinted at the end of the year, and the hikes factor was obvious. The main reason was that foreign companies increased their inventory in the first quarter of the coming year and the orders were at the end of the year. The rebound is also the result of a combination of factors such as supply reduction, business failures, and industry consolidation.
Increased pressure on the industry
Although the leather industry has been operating steadily overall, it has been affected by multiple factors, such as weak domestic and foreign markets, cost pressures, and environmental pressures. Production and export growth have slowed down, and the profit margin of output value has fallen. In 2012, the national standard for leather, fur and products and footwear industry completed a total industrial output value of 1,055.6 billion yuan for the year, an increase of 14.01% year-on-year, and the growth rate fell by 11%.
In 2012, the total profit of the leather industry was 68.052 billion yuan, an increase of 10.02% year-on-year, and the growth rate fell by 19.26 percentage points. In 2012, the profit rate of the leather industry's output value was 5.89%, which was a decrease of 0.37 percentage point from the same period of last year.
The main reason for the decline in the profit rate of output value is that factors such as rising raw material prices and increasing labor costs have drastically increased the production costs of enterprises. At the same time, the market downturn and lack of pricing power have caused the price increase of terminal prices to be limited.
Diversified market strategy is effective
The diversified market strategy of "put eggs in different baskets" helps to avoid trade friction risks in the international market and enhance industrial competitiveness. The reporter learned that in recent years, China's leather industry has continued to promote a diversified market strategy and has achieved initial results.
In 2012, the dependence of the leather, fur and products and footwear industry in China on the main export markets was further reduced, and the EU’s second-largest export market decreased by 0.002%; among them, exports to Germany, France, Spain, and Italy to varying degrees The decline was 8.5%, 8.5%, 3.3% and 14.2% respectively. The pace of foreign trade with ASEAN has accelerated, and exports have become more active. In 2012, ASEAN’s export growth rate reached 70.6%. ASEAN replaced Russia as the fourth largest leather export market.
In 2012, China's leather, fur and products and footwear industry exports to the United States, the European Union, and Japan accounted for 26.2%, 21.2% and 6.1% of the market share, respectively, and the combined ratio of the three is 53.5%. Except for ASEAN countries, China's leather, fur and products and footwear industry increased by 31.8% year-on-year in African countries, which was significantly higher than the industry average.
The leather industry is an industry with more outward-looking features. Under the superposition of the US fiscal cliff, the European debt crisis, and political friction between China and Japan, coupled with exchange rate changes and the loss of cost advantages, orders have begun to shift to Southeast Asia. Statistics show that in 2012, the export growth of the leather industry in China was less than expected, and the value of export delivery accounted for 28% of the sales value, which was 1.4% lower than the same period of last year. China's imports were mainly based on raw materials, and the import growth was also affected by insufficient demand. Fall back.
In 2012, China's exports of leather, fur and products and footwear were US$76.09 billion, an increase of 9.8% year-on-year, and the growth rate dropped by 12.2 percentage points. Among them, footwear contributed a maximum of 7.2% to export growth, while leather garments and leather shoes contributed -0.05% and -0.03% to export growth. In 2012, China imported 7.81 billion U.S. dollars in leather, fur and products, which was an increase of 5.8% year-on-year, representing a 14.6 percentage point drop from the previous year.
In 2012, China's leather, fur and products and footwear industry achieved a trade surplus of US$68.29 billion, an increase of 10.3% year-on-year, accounting for 29.5% of China's total trade surplus.
Su Chaoying said that China's leather, fur and products and footwear industry's export growth in the first three quarters of 2012 was only 7.6%. The export in the fourth quarter was sprinted at the end of the year, and the hikes factor was obvious. The main reason was that foreign companies increased their inventory in the first quarter of the coming year and the orders were at the end of the year. The rebound is also the result of a combination of factors such as supply reduction, business failures, and industry consolidation.
Increased pressure on the industry
Although the leather industry has been operating steadily overall, it has been affected by multiple factors, such as weak domestic and foreign markets, cost pressures, and environmental pressures. Production and export growth have slowed down, and the profit margin of output value has fallen. In 2012, the national standard for leather, fur and products and footwear industry completed a total industrial output value of 1,055.6 billion yuan for the year, an increase of 14.01% year-on-year, and the growth rate fell by 11%.
In 2012, the total profit of the leather industry was 68.052 billion yuan, an increase of 10.02% year-on-year, and the growth rate fell by 19.26 percentage points. In 2012, the profit rate of the leather industry's output value was 5.89%, which was a decrease of 0.37 percentage point from the same period of last year.
The main reason for the decline in the profit rate of output value is that factors such as rising raw material prices and increasing labor costs have drastically increased the production costs of enterprises. At the same time, the market downturn and lack of pricing power have caused the price increase of terminal prices to be limited.
Diversified market strategy is effective
The diversified market strategy of "put eggs in different baskets" helps to avoid trade friction risks in the international market and enhance industrial competitiveness. The reporter learned that in recent years, China's leather industry has continued to promote a diversified market strategy and has achieved initial results.
In 2012, the dependence of the leather, fur and products and footwear industry in China on the main export markets was further reduced, and the EU’s second-largest export market decreased by 0.002%; among them, exports to Germany, France, Spain, and Italy to varying degrees The decline was 8.5%, 8.5%, 3.3% and 14.2% respectively. The pace of foreign trade with ASEAN has accelerated, and exports have become more active. In 2012, ASEAN’s export growth rate reached 70.6%. ASEAN replaced Russia as the fourth largest leather export market.
In 2012, China's leather, fur and products and footwear industry exports to the United States, the European Union, and Japan accounted for 26.2%, 21.2% and 6.1% of the market share, respectively, and the combined ratio of the three is 53.5%. Except for ASEAN countries, China's leather, fur and products and footwear industry increased by 31.8% year-on-year in African countries, which was significantly higher than the industry average.
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