China's Leather Imports Post Solid Gains This Year
Dec 6, 2021
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From January to July 2021, China's leather imports totalled $1.3B, an increase of 34% over the same period last year. Brazil and Italy are the leading suppliers, comprising more than half of China's leather imports. Over the past year, Italy (+34% y-o-y) significantly increased shipments to China, while supplies from Brazil (-24% y-o-y) declined. The average import price was $4,028 per ton in 2020, rising by 19% over the previous year.