- Published on Monday, 05 August 2013 11:16
- Written by newbusinessethiopia
ADVERTORIAL: AN ETHIOPIAN SHOES MANUFACTURING IS LOOKING FOR AGENTS IN DIFFERENT AFRICAN COUNTRIES.
FOR OUR QUALITY ETHIOPIAN LEATHER PRODUCTS: SHOES, LEATHER JACKETS, BAGS AND MORE...
Ethiopia's Leather sector Overview
Official statistics shows that annual global trade of leather and leather products have increased from 60 billion US dollars in 2009 to 100 billion US dollars in 2012. This trade pattern shows that there is a great business opportunity for countries engaged in development of their leather and leather products.
It is high time for countries like Ethiopia with huge amount animal resources to grasp this opportunity and increase their market share in this fast-growing global market of leather and leather products.
With 50 million cattle, 25.98 million sheep and 21.80 million goats population, Ethiopia is top in Africa and 10 globally. Official data shows that Ethiopia’s hard currency earnings from the export of leather and leather products has been growing fast over the past years.
Some of the export items are: finished and semi-processed leather, shoes, jackets, bags, gloves and the like.
Looking at this encouraging performance of the sector, the Ethiopian government has set an ambitious target of generating half a billion US dollars in 2015 from the export of leather and leather products.