India: Hides and Skins
In calendar year (CY) 2014, India produced approximately 51 million pieces of bovine hides, and 128 million pieces of sheep, lamb, and goat skins. In CY 2015, wet blues imports decreased by 5.1 percent to $677 million from the previous year due to less demand for Indian finished leather exports from major buyers such as Hong Kong, Italy, Spain, Germany and France. From CY 2010 to 2015, U.S. wet blues exports to India marginally grew from $9.3 to $10.7 million at a compound annual growth rate (CAGR) of 3 percent.
