Leather manufacturing had always been a procedure which was performed manually with the help of tools. In the recent years, machinery has taken over the leather manufacturing industry. Leather machinery is taking over the leather production industry due to its recent advances that reduce time, cost and manpower required for leather production.
The coronavirus pandemic had a lot of adverse effect on the global textile industry. Leather machinery exports witness this impact globally. A subsequent decrease was witnessed in the export of leather machinery in the year 2020 due to the pandemic.
China was the leading exporter of the leather machinery in the year 2019 as well as 2020. Its export was worth 527 million dollars in the year 2019. The export dropped drastically in the year 2020 due to the covid-19 pandemic. Though a reduction in the export was witnessed, China’s global share in leather machinery export climbed up from 39% in 2019 to 41% in 2020.
Italy was the second largest exporter of leather machinery in 2019 and 2020 with the export worth 394 million dollars and 272 million dollars. Records suggest that it was the top exporter for the past 3 years from 2016-2018 but China’s export drastically increased in 2019, while Italy’s export dropped dramatically. Its share in the global export of leather machinery in the year 2020 was 32%.
Due to the covid-19 pandemic, almost all the nation’s exports dwindled in 2020. Taiwan’s export of leather machinery was one $28 million in the year 2019 due to the pandemic its export decreased to $76 million in 2020. Not only the exports but even its global share fell from 10% to 9% in the year 2020.
Turkey’s contribution was worth 1% in the global share of leather machinery export. Turkey’s global share remains same in both the years. Its export was worth 11 million Dollars in the year 2019. These exports drastically shrinked to $5 million in the year 2020.
USA was surprisingly not among the top exporters of leather machinery. Its export was worth $15 million and $10 million in the year 2019 and 2020, respectively. Its contribution was 1% in both years to global share.
France was the only nation that witnessed a hike in export in the year 2020. Its export was worth $19 million in 2019, in 2020 its export increased to $19.6 million. Its contribution to the global share was one person in the year 2019. There was a subsequent increase in its global share in 2020 which was 2%.
Korea’s export was worth $87 million in the year 2019. There was a dramatic decrease in its export in the year 2020 due to the pandemic. Korea’s export fell to $46 million in the year 2020. Its global share was 7% in the year 2019. There was a decrease in its global share in the year 2020. Its global share was 6% in the year 2020.
Germany’s export was worth $54 million in the year 2019. Like other nations Germany also witnessed decrease in its export in the year 2020 due to the pandemic. Its export was worth $46 million in 2020. despite the decrease in the export in the year 2020 Germany witnessed a hike in its global share from 4% in 2019 to 6% in 2020.
Hong Kong exported the leather machinery’s worth $19 million in the year 2019. Its export dwindled to $8 million in the year 2020 due to the pandemic. Its global share remained 1% in both the years for the same.
Though Spain was among the top ten exporters of leather machinery, its export was word $13 million only in the year 2019. Its export filled two $9 million from$13 million in the earlier year in the year 2020 due to the pandemic. Its global share remained 1% in both the years for leather machinery export.
The export done by other countries was worth $83 million which was even less than Korea in the year 2019. This export fell drastically two $55 million in the year 2020 due to the pandemic.
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