Leather coat production in Hungary climbed by 57.5 per cent in volume and saw a 36.2 per cent year-on-year sales increase in the first half of 2001. Exports of these garments increased by 87.9 per cent to $500 million, with 95 per cent heading for the European Union.

Figures posted by the The Hungarian Union of Leather Goods and Shoe Industry show that the overall volume of leather goods production dropped by 4.4 per cent during this period, with sales of leather goods on the domestic market rising by 7.4 per cent.

The union reports that the shoe and leather processing industries are likely to come under additional pressure from a statutory rise in minimum wages which will impact on the final price of their products.

To view related research reports, please follow the links below:-

The 2000 World Forecasts of Leather Apparel and Clothing Accessories Export Supplies

Textile & Leather Chemicals - Private Companies Report