The leather industry shaken by the economic and geopolitical crisis

by time news

Teh decline⁢ in the use of leather is a global trend, cutting‌ across all sectors (clothing, footwear and even automotive), accompanied for​ several months by a slowdown in demand from the ‍world’s largest buyer, China. A difficult situation for the sector and in ‌particular for the leading European exporter of raw hides: France.

The‍ underlying⁢ trend is a decline in demand. Car manufacturers, for example, are questioning the ​use of leather in their ⁣vehicles in favor of ⁣less expensive ​materials. The intention has been expressed by several producers even if‍ it is still struggling to‌ materialize, but this trend⁣ does not bode well⁣ for the sector.

There are also cyclical effects linked to ​the global ⁢economic and geopolitical situation, which ‌make investments rarer. And then there is ‍China,⁣ the” real subject » today, confides Marc Brunel, general director⁣ of the ⁢Alliance France Cuir, ‍as Chinese ⁤demand is‍ crucial in this sector as​ in many others.

Chinese engine broken down

French exports of raw hides and skins – untreated, untanned – to China have increased by 8% (in value) this year, but exports of finished leather to the country have collapsed by 31% while the year last year they had increased by 84%. “ China always purchases raw material ⁢to be able to process in its tanneries, both‍ for the luxury ⁤market, at a local ‍level, and for the medium and low-end market, at an international level. high-end finished leathers⁣ already popular ​in Europe have a harder time selling », ⁢explains ‍marc Brunel.

This market slowdown is not without repercussions in exporting countries. The​ weakening of ​international ​demand therefore caused an average decline in tanning activity in ​France of 4%.

Read alsothe supply of French hides and skins is reduced

Prices falling

The market difficulties are reflected in raw hide ​prices,⁣ which ⁢have⁢ fallen by an ⁣average of 40% since ‌2018, according to the ​Alliance France Cuir.However,​ there are large price disparities depending on the type of leather, for example for calfskins, a European specialty, the market is​ much smaller.

For the moment, ‍these prices do ‍not ​appear to be affected by the decline in⁤ European livestock. ‍But the supply and the market could be influenced in the ⁢coming years by ⁢a ​new​ situation: the change⁣ in ‌eating habits. In france ‍there is a decline in​ the​ breeding of ⁢so-called “meat” ⁣breeds in favor of‍ dairy breeds. However, these ⁣breeds provide⁢ thinner and smaller skins, which find fewer ⁢markets in Europe.

The French ⁤herd is currently made​ up‌ of 60% meat⁢ breeds and 40%⁣ dairy breeds, but​ the day⁤ the proportions⁢ are reversed will be an critically important change for the leather industry which is already evaluating strategies to adaptation.

Interview: The ​Future of Leather in ⁤a Changing ⁤Market with​ Marc Brunel, General Director‌ of Alliance france Cuir

in our latest‍ interview, we sit down with ⁢Marc⁣ Brunel, the ⁣General Director‍ of Alliance France ‌Cuir, ​to‌ discuss the ⁢current decline⁣ in leather demand,‍ especially in France, and the implications for the industry moving forward.

Q: ⁤Marc,⁣ we’ve seen a global decline in⁢ leather use across various sectors. What do you believe are the main drivers of this trend?

A: ‍The decline ⁣in leather usage is influenced by ​several factors. Firstly, there’s a important shift in​ consumer preferences towards more affordable and sustainable materials. This has been most‍ evident ⁣in the automotive‍ industry,where manufacturers‍ are questioning ⁣the ⁣need‌ for leather interiors in favor of synthetic ‍alternatives. Additionally, our reliance on⁢ the Chinese market ‍cannot be overstated; changes there particularly impact the luxury and mid-range segments we rely on for ‌growth.

Q: Can ​you‌ elaborate on⁢ the current situation with China and how it affects ⁣French leather‍ exports?

A: Certainly. While we’ve‌ seen a⁤ modest increase of 8% in⁣ the value of raw hides exported to China this year, finished leather exports have dramatically collapsed ‍by ​31%.Last year, ⁢we had a remarkable 84% uptick ⁣in this area. The ‍challenge lies in the fact that ‍the high-end finished leathers traditionally popular in Europe now‌ face⁢ tougher selling conditions in China. As their domestic tanneries⁤ process more raw materials, international ​demand for these premium products declines.

Q: What‌ implications does the slowdown in the leather market have for France’s⁢ tanning industry?

A: The repercussions ⁤are significant.⁣ Current‌ data indicates an​ average decline of around 4%⁤ in tanning activity within ⁤France.This downturn can lead to job losses and could‌ further destabilize the supply chain. ‍Additionally, we are seeing‍ raw ‍hide‌ prices falling sharply—averaging ‌a 40% decline ⁤since 2018—affecting the revenue of ​many⁢ businesses⁣ involved in this sector.

Q: With the decline in livestock breeds for meat and a shift ‍towards dairy breeds, how do you foresee this affecting leather production in France?

A: The change in breeding patterns poses a pivotal concern for‌ our industry.Currently, our livestock consists of 60% meat⁢ breeds and⁣ 40% dairy breeds.If this‌ proportion were to reverse, we’d be facing⁣ a significant reduction in the quality and size of the hides available for leather production. ‍This ⁤shift could severely limit markets for thinner and smaller skins, particularly ⁤in Europe, ​where demand for such ⁣products ‌is much lower.

Q:⁣ As the industry faces these changes, what adaptations should companies consider to ‍thrive in this evolving landscape?

A: ‌Companies must be proactive in ⁣diversifying their offerings and exploring⁤ alternative materials for production.⁢ Investing in⁢ sustainable practices and ⁤innovations ​could help meet the growing‌ consumer demand for ethical and eco-kind​ products. Moreover, it will ‍be⁣ vital for us to establish better relationships ⁢with markets​ outside of china to reduce ⁤the heavy reliance on a single economy.

Q: What‍ practical advice would⁢ you give to readers who ​are⁢ interested in the leather industry or​ who may be⁢ affected by these changes?

A: I urge individuals and businesses to stay informed about market trends and shifts in consumer preferences. ⁢Understanding the broader economic landscape will be crucial. For consumers, consider looking into products that prioritize sustainability and ethical sourcing. For ​professionals in the‍ sector, fostering adaptability in your operations and maintaining adaptability ‌will be ⁢essential as we navigate this uncertain future.

With⁤ the leather industry facing unprecedented challenges, insights ⁤from experts like ⁤Marc Brunel are⁢ invaluable.As consumers and businesses ‍alike adapt, staying ahead of market trends will be critical for‌ success.

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