16 September 2021

Leatherbiz Market Intelligence – Summer contrasts show up US-Europe differences

The latest issue of Leatherbiz Market Intelligence went live on the site on September 14.

In this issue of the fortnightly newsletter, there is in-depth analysis not just of the delicate balance between supply and demand in the leather value chain, but also of the stark differences that exist in the raw material markets in the US and in Europe.

It suggests that, after a period of stability, raw material prices gradually became “disconnected from reality” in the first quarter of this year. This was accompanied by sharply rising prices for transport and increasing production costs.

Slaughter levels and exports have remained high in the US, the report says. Packers, traders and wet blue tanners have had a plentiful supply of hides and have shipped them to China, Vietnam, Italy and other overseas markets at rates that are 60% above last year’s.

Meanwhile, in Europe the situation has been completely different, with low slaughter rates and weaker demand for meat, meaning little build-up of raw material inventory, even during tannery closures for the summer holiday. This has meant little pressure on hide suppliers to lower their prices, with European hides remaining unattractively expensive in the eyes of Asian buyers.

“A price delta has now developed between the markets,” Leatherbiz Market Intelligence says, “which will have to be closed sooner or later.”
 

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

社交媒體:​

聯絡我們: