UNIC explains leather problems to the German press

UNIC explains leather problems to the German press

The voice of the Italian tanning industry has also reached the German press. Because the war in Ukraine, with the consequent sanctions against Russia, complicates even more the macro-economic scenario in which companies in the leather sector operate. They were already experiencing a (long) stressful season on the price lists of raw materials, auxiliaries and energy. This was explained by Fabrizio Nuti, president of UNIC – Concerie Italiane and the Nuti Ivo group, to Frankfurter Allgemeine Zeitung (FAZ).

Conversation with the German press

For the readers of the generalist newspaper, this is a new issue. Those who follow La Conceria, however, are familiar with the scenario: the leather market is suffering from rising prices, while the war in Eastern Europe is creating a new bottleneck upstream. The situation is not sustainable. “Italian tanneries are mostly small,” explains Nuti. “More than 90% of our raw material requirements are met by imports. If even just one supply region fails, we have a major problem”. This is why the import ban on Russia, Ukraine and Belarus opens up a crisis scenario. While waiting for the next round of negotiations, companies must now bear the increased costs and accept a “lower profit margin”. But this cannot be the solution.

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