Pakistan’s leather industry is in decline, with a record drop in leather prices

Pukhtun Nama Desk News

The record fall in the price of skins in Pakistan and the impact of the Corona virus on economic activities has put the future of thousands of people involved in the leather business and leather industry in the region.

The business community says that due to low demand for skins in Pakistan, about 95% of the leather is exported, which could not be exported this year due to travel restrictions and lack of demand due to the Corona epidemic.

Not only has the non-export of leather increased unemployment, but domestic leather prices have fallen to record levels.

Pakistan is one of the largest foreign exchange earners from leather. But even before the Corona epidemic, the industry has been in decline for the past few years.

According to Sheikh Afzal Hussain, Chairman Pakistan Tanners Association, due to the global epidemic of corona, the export of skins from Pakistan is almost non-existent, while the prices of skins in the world market have also come down drastically.

Sheikh Afzal said that the chemicals used in the manufacture of leather have also become very expensive, which is badly affecting the local industry.

According to Sheikh Afzal, Pakistani leather ranks second in the world after Italy in terms of quality, but local traders are suffering due to lower prices and other reasons.

He said that in previous years, he used to pay ‘air freight’ at the rate of 2 dollars per kg, which has now reached 10

According to Agha Salahuddin, former chairman of the Pakistan Tanners Association, 81 lakh animals worth Rs 242 billion were slaughtered in Pakistan on the occasion of Eid-ul-Adha last year and their skins generated a turnover of Rs 5 billion in the local industry.

However, according to him, about 6 million animals have been sacrificed this year from which local traders have earned only Rs 1.5 billion in terms of skins.

Agha Salahuddin said that there has been a 20-25% difference in the prices of sheep and goat skins, but the price of cow skins, which was Rs 2000 to 2500 previously . It has reached Rs 500 this year.

He said that 60% of Pakistan’s leather is used in making shoes but the footwear industry is also declining due to the restrictions imposed by the Corona which has made a difference in the price of leather.

According to Sheikh Afzal, the current chairman of the Tanners Association, another reason for the significant decline in fur prices is the arrival of Eid-ul-Adha in the summer and rainy seasons as the fur deteriorates quickly in the heat and rain.

According to him, in hot weather, it is necessary to preserve the skin of the animal by salting it within six hours of its descent.

Remember that Pakistan not only exports leather abroad but also exports shoes, garments, jackets, bags and other products made from it.

Livestock trade is booming in Pakistan on the occasion of Eid-ul-Adha. According to experts, the livestock sector in the country accounts for 61% of the country’s agriculture and 11% of GDP.

Livestock is a major source of income for rural residents in Pakistan. Every year on the occasion of Eid-ul-Adha, increasing demand for livestock creates new employment opportunities.

Amanullah Aftab is a big leather trader in Karachi. According to him, people are now gradually reducing the use of leather products, which is having an impact on the industry.

According to Amanullah Aftab, leather products are mostly used in relatively cold countries where sales have been closed for the past three months due to corona, which is why leather and leather products could not be exported from Pakistan.