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.