The Italian leather industry benefits by the impact of a stronger euro decline

According to the Italian "24 Sun" reported on 17 October, due to the strong euro and rising raw custom shopping bags wholesale material prices, situation in the first half of the Italian leather industry downturn. According to the Italian Federation of tanning data processing companies, first half of 2007, the Italian leather production dropped by nearly 3 percentage points, leather garments and leather furniture manufacturing production also decreased by 2% and 4%. Although the first-half sales growth of 3.6%, but custom pens wholesale not enough to offset the rate of increase of raw materials (+5.8%), plus relatively heavy tax burden (60%), resulting in decline in the marginal benefit of industry concern. On the export side, exports of Italian leather present in 143 countries. U.S. market is shrinking, the growth of exports to European countries, the most gratifying is that China's exports continued to grow, showing China's domestic market demand for increased high-grade leather. Most of the procurement of raw materials from Europe, the strong euro which is extremely unfavorable. Because South America, Africa and Asia, many countries prohibit the export tax or export of raw leather. Italy is currently the leather tanning industry enterprises are mainly concentrated beach totes wholesale in the Tuscany, Veneto and Campania, with distinctive characteristics of industrial clusters. Total employed 2.8 million people, a total of 2300 companies.