International Trade Center (Geneva)
September 29, 2006
Posted to the web September 29, 2006
World trade in leather and leather products -- worth more than $60 billion in 2004 -- is expected to grow. With a quarter of the world’s sheep and goats and 15% of its cattle, Africa is bursting with potential, but there is a gap between resources and production. African countries produce just 14.9% of the global output of hides and skins and hardly any ready-for-market finished leather goods. When a country such as Ethiopia makes high-end leather products, it shows that promise can become a reality. Ethiopia has tremendous potential to develop leather exports, which the Government has singled out as a priority sector."