France holds fourth place in world leather exports
According to the forecast of the French tanners association Alliance France Cuir, France will retain its fourth position in world leather exports in 2024, generating a positive trade balance of 5,8 billion euros. However, experts are wary of the onset of 2025, writes laconciera.it
In the first 8 months of 2024, raw hide exports in France fell by 4% in value terms. Although sales to Italy grew by 3% and to China by 8%, this growth could not compensate for the collapse in a number of other countries that are regular importers of French raw hides: -56% in Turkey, -47% in Spain and -7% in Belgium.
The decline in demand on international markets has had a negative impact on the turnover of the French leather industry, which fell by 4%. Deliveries of finished leather from France to Italy increased by 19%, but sales of finished leather to China fell by 31%.
“On average, we sell 40% fewer leathers than in 2018, despite the fact that costs have increased,” explains Christophe Déart, president of Alliance France Cuir.
French shoe exports fell 3%, even as sales to China doubled, driving turnover up 60%. Industry insiders say there is still room for growth in the Chinese market, particularly in the luxury segment.
Overall, French shoe factories are expected to see a 2024% decline in turnover in 3. Leather goods exports are expected to grow by just 2% in 2024, compared to 5% growth in leather goods exports last year.
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