Leather industry in China grew leaps and bounds, last year in the face of adverse trading situations like over-production and trade conflicts, and will continue to expand in next few years, says an industry expert.
Leather is the masthead of China's light industrial sector and maintained a rapid pace of development during 2005, he said.
Every top trader in leather registered sales volume more than 5 million yuan (US $671,280), making a total of 318.5 billion yuan ($39.32 billion); an increase of 26 percent compared to previous year.
The industry's exports increased 19.3 percent to $32.71 billion last year. Total exports of leather shoes hit $17.11 billion mark and exports of leather and fur garments amounted to $1.87 billion, a year-on-year growth of 24 percent and 40 percent respectively.
Imports of leather was up 7 percent to $4.15 billion.
As one of the largest leather producers in the world, China produced 550 million square metres of leather, 2.53 billion pairs of leather shoes, 550 million leather bags and 66.4 million leather garments.
China's livestock rearing industry provided ample raw material to support the leather industry's development.
marketing@alchempro.com
