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Italy - Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

Italy - Leather - Market Analysis, Forecast, Size, Trends And Insights

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Sep 9, 2024

Italy's Leather Exports Dip Marginally to $3.3 Billion in 2023

Italy Leather Exports

For the sixth consecutive year, Italy recorded decline in shipments abroad of leather, which decreased by -11.2% to 221M square meters in 2023. Over the period under review, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 5%. As a result, the exports reached the peak of 341M square meters. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, leather exports declined slightly to $3.3B (IndexBox estimates) in 2023. In general, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked at $4.4B in 2015; however, from 2016 to 2023, the exports remained at a lower figure.Italy Leather Exports By Country (Million USD)

COUNTRYExport Value of Leather in Italy (million USD)
201520162017201820192020202120222023
France244253275310283198272308371
Spain277275273285242147210222250
Romania382363357341273221253237226
United States228258253241216185213194187
Tunisia148129124146137105115142181
Vietnam180189213235229187246163179
Serbia72.984.786.111912597.2122156169
China310276292259203166219182162
Hong Kong39431332627318410712189.082.5
Others2,1192,0032,0332,0481,8081,4121,6891,5911,449
Total4,3564,1444,2324,2573,6982,8253,4603,2843,256

Exports by Country

China (46M square meters) was the main destination for leather exports from Italy, accounting for a 21% share of total exports. Moreover, leather exports to China exceeded the volume sent to the second major destination, Vietnam (19M square meters), twofold. The third position in this ranking was taken by Spain (19M square meters), with an 8.7% share.

From 2015 to 2023, the average annual growth rate of volume to China stood at -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-2.4% per year) and Spain (-3.1% per year).

In value terms, the largest markets for leather exported from Italy were France ($371M), Spain ($250M) and Romania ($226M), with a combined 26% share of total exports. the United States, Tunisia, Vietnam, Serbia, China and Hong Kong lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Serbia, with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Leather of bovine and equine animals (191M square meters) was the largest type of leather exported from Italy, with a 86% share of total exports. Moreover, leather of bovine and equine animals exceeded the volume of the second product type, sheep, goat, swine or reptile leather, excluding chamois leather (13M square meters), more than tenfold. The third position in this ranking was taken by chamois, patent and combination leather (9.9M square meters), with a 4.5% share.

From 2015 to 2023, the average annual growth rate of the volume of leather of bovine and equine animals exports totaled -4.4%. With regard to the other exported products, the following average annual rates of growth were recorded: sheep, goat, swine or reptile leather, excluding chamois leather (-5.3% per year) and chamois, patent and combination leather (-7.7% per year).

In value terms, leather of bovine and equine animals ($2.7B) remains the largest type of leather exported from Italy, comprising 82% of total exports. The second position in the ranking was taken by sheep, goat, swine or reptile leather, excluding chamois leather ($324M), with a 9.9% share of total exports. It was followed by chamois, patent and combination leather, with a 7.7% share.

From 2015 to 2023, the average annual rate of growth in terms of the value of leather of bovine and equine animals exports amounted to -3.1%. With regard to the other exported products, the following average annual rates of growth were recorded: sheep, goat, swine or reptile leather, excluding chamois leather (-4.1% per year) and chamois, patent and combination leather (-7.2% per year).

Export Prices by Country

In 2023, the leather price amounted to $15 per square meter (FOB, Italy), growing by 12% against the previous year. Over the last eight years, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was France ($47 per square meter), while the average price for exports to China ($3.5 per square meter) was amongst the lowest.

From 2015 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15113100 - Leather, of bovine animals, without hair, whole
  • Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
  • Prodcom 15113300 - Leather, of equine animals, without hair
  • Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
  • Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
  • Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
  • Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
  • Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
  • Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
  • Prodcom 15115100 - Leather of other animals, without hair on
  • Prodcom 15112100 - Chamois leather and combination chamois leather
  • Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
  • Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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