Indian saddlery & harness industry
The Global import of Saddlery & Harness increased from US$505.81 million in 2002 to US$914.58 million in 2006, growing at a CAGR of 15.96%. India’s share has increased from 8.63% to 9.00% in 2006.
|
2002 |
2003 |
2004 |
2005 |
2006 |
Global import |
505.81 |
605.19 |
714.10 |
825.50 |
914.58 |
India's export |
43.66 |
52.71 |
61.71 |
77.52 |
82.33 |
% Share of India |
8.63% |
8.71% |
8.64% |
9.39% |
9.00% |
Source : World Statistics, ITC, Geneva India's export, DGCI & S |
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The estimated annual production capacity for the production of Saddlery & Harness is 12.50 million pieces.
India’s export of Saddlery & Harness touched US$ 105.81 million in 2007-08, with a share of 3.04% in India’s total export. In 2006, India held a share of 9.00% in the global import of Saddlery & Harness.
The major markets for Indian saddlery & harness are the USA, Germany, UK, France, Netherlands, Sweden, Spain, Italy and Australia. Nearly 80.16% of India’s export of saddlery & harness is to the above countries.
A Statement showing India’s Export of Saddlery & Harness to different countries:
COUNTRY |
APR-MAR |
% share |
% change |
|
2006-07 |
2007-08 |
2007-08 |
|
Germany |
13.15 |
19.74 |
18.66% |
50.16% |
USA |
14.89 |
13.36 |
12.62% |
-10.27% |
UK |
12.54 |
16.23 |
15.34% |
29.43% |
Italy |
2.84 |
4.91 |
4.64% |
72.82% |
France |
7.18 |
9.21 |
8.70% |
28.29% |
Hong Kong |
1.11 |
0.46 |
0.44% |
-58.56% |
Spain |
3.07 |
3.54 |
3.35% |
15.39% |
Russia |
0.14 |
0.08 |
0.08% |
-43.63% |
Netherlands |
3.39 |
5.59 |
5.28% |
65.05% |
Australia |
4.20 |
5.34 |
5.05% |
27.29% |
New Zealand |
0.69 |
1.50 |
1.42% |
118.84% |
Denmark |
1.99 |
3.23 |
3.05% |
61.84% |
Greece |
0.19 |
0.29 |
0.27% |
50.54% |
Canada |
1.82 |
2.08 |
1.96% |
14.48% |
Switzerland |
0.16 |
0.26 |
0.25% |
63.28% |
Sweden |
4.71 |
6.36 |
6.01% |
35.08% |
South Africa |
0.59 |
0.67 |
0.64% |
14.77% |
Austria |
0.29 |
0.52 |
0.49% |
78.68% |
Belgium |
2.38 |
4.51 |
4.26% |
89.14% |
Japan |
0.19 |
0.14 |
0.13% |
-25.77% |
Portugal |
0.14 |
0.04 |
0.04% |
-73.44% |
China |
1.47 |
0.36 |
0.34% |
-75.31% |
Ireland |
0.65 |
1.23 |
1.17% |
90.59% |
UAE |
1.12 |
1.31 |
1.24% |
17.25% |
Indonesia |
0.01 |
0.00 |
0.00% |
-51.47% |
Korea Rep. |
0.03 |
0.05 |
0.05% |
66.14% |
Finland |
1.05 |
1.94 |
1.83% |
85.13% |
Saudi Arabia |
0.03 |
0.05 |
0.05% |
83.51% |
Others |
2.33 |
2.80 |
2.65% |
20.20% |
Total |
82.33 |
105.81 |
100.00% |
28.53% |
Source: DGCI& S
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