Home / Knowledge / News / PTA warns of further decline in leather exports
PTA warns of further decline in leather exports
23
May '12
Pakistan's leather and leather goods exports, which experienced a 10 percent fall during the current fiscal year that ends on June 30, are likely to plummet further by 10 percent during the first quarter of next fiscal, Pakistan Tanners Association (PTA) South Zone Chairman Khurshid Ahmed has said.

He said Pakistani exporters are unable to compete with the prices quoted by other value-added finished leather manufacturing countries in the region, owing to factors like rise in the cost of raw materials and intensifying energy and water crisis situations in the tannery zone, where several export-oriented tanneries are clustered.

Leather and leather goods industry is a key employment and foreign exchange generating sector in Pakistan. It employs around 300,000 people and the losing of its overseas export orders to other countries is impacting the country's foreign exchange earnings.

Mr. Ahmed said that Pakistan's biggest leather cluster, sector 7-A of Korangi Industrial Area, is enduring severe water crisis, as over the last many years the Karachi Water Supply Board has shelved water supply to this area.

Water is a key input for tanning industry and due to the current crisis tanneries are forced to use sub soil water, which is impacting the quality of leather. Following this, countries like Italy, Spain, China, Korea and Germany, the key importers of leather apparels and shoes, have reduced their sourcing from Pakistan.

Mr. Ahmed forewarned that if smooth supply of water and gas is not restored, it would cause majority of the units in the country's second largest export-oriented value-added industry to relocate to other countries.

He further cautioned that the high export quota of live animals fixed by the Government for the current year would also badly hit the domestic leather industry. Last year too, as the country exported huge quantity of live animals to Iran and Afghanistan under the quota system, it resulted in severe scarcity of basic inputs like hides and skins for domestic leather industry.

This resulted in a surge in prices of hides and skins in domestic market, pushing up the prices of finished products, which resulted in reduced orders with Pakistani leather exporters from their regular overseas buyers.

Moreover, due to high cost of production, the sector's production also experienced a dip, he added.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Kraig delivers first dragon silk fibre to medical firm

Kraig Biocraft Laboratories, Inc. a leading developer of genetically...

Information Technology | On 23rd Aug 2017

ThreadSol to organise Apparel Tech-Up in Bangladesh

ThreadSol, the pioneer in enterprise material management for sewn...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search