World - Leather - Market Analysis, Forecast, Size, Trends And Insights
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Leather market: download the most recent information powered by an Ai-driven business intelligence tool. Facts and figures include consumption, market size, exports, market prices, imports, companies, production, and trade. Here is a breakdown by region, including EU, Russia, the U.S., China, Africa, the U.K., the Middle East, and Latin America. Market trends and outlook to 2030 are also provided in the snapshots.
Leather - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | Italy |
4 | Pakistan |
5 | Bangladesh |
In value terms, the largest leather markets worldwide were the United States, China and Italy, together accounting for 29% of the global market. These countries were followed by Pakistan, Bangladesh, Russia, Argentina, India, Vietnam, Germany, Nigeria, Turkey and Brazil, which together accounted for a further 25%.
In terms of the main consuming countries, Brazil saw the highest growth rate of market size, over the period under review, while leather market for the other global leaders experienced more modest paces of growth.
Leather Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Paraguay | 1991 | 1442 | 869 | -33.9% |
Brazil | 3602 | 2976 | 2418 | -18.1% |
United States | 6019 | 5082 | 3280 | -26.2% |
Argentina | 6507 | 6763 | 4474 | -17.1% |
Taiwan (Chinese) | 5024 | 5159 | 4813 | -2.1% |
Mexico | 6491 | 5576 | 6156 | -2.6% |
Thailand | 9467 | 8795 | 7135 | -13.2% |
Vietnam | 5507 | 6003 | 10543 | 38.4% |
China | 12708 | 11594 | 11334 | -5.6% |
South Korea | 14351 | 11580 | 11788 | -9.4% |
Italy | 14829 | 12599 | 12450 | -8.4% |
Hong Kong SAR | 15855 | 14778 | 13943 | -6.2% |
Average | 8420 | 7779 | 7123 | -8.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($13,943 per ton), while Paraguay ($869 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Hong Kong SAR | 15939 | 15102 | 13375 | -8.4% |
Spain | 9579 | 9990 | 9750 | 0.9% |
Indonesia | 10153 | 8862 | 8661 | -7.6% |
Vietnam | 8147 | 7841 | 8505 | 2.2% |
Thailand | 8422 | 8701 | 7286 | -7.0% |
India | 8369 | 5840 | 5111 | -21.9% |
Italy | 5803 | 4756 | 3110 | -26.8% |
China | 4514 | 3472 | 2640 | -23.5% |
Taiwan (Chinese) | 1929 | 1856 | 1725 | -5.4% |
Nigeria | 11549 | 2570 | 1042 | -70.0% |
Average | 8910 | 7871 | 6805 | -12.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($13,375 per ton), while Nigeria ($1,042 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced mixed trends in the import price figures.
Leather - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 3.2 | 2.5 | 1.7 | -27.5% |
Vietnam | 1.6 | 1.6 | 1.3 | -9.1% |
Italy | 2.1 | 1.5 | 1.1 | -27.7% |
Hong Kong SAR | 1.3 | 0.9 | 0.6 | -33.5% |
Indonesia | 0.5 | 0.5 | 0.4 | -14.1% |
In value terms, the largest leather importing markets worldwide were China ($1.7B), Vietnam ($1.3B) and Italy ($1.1B), together accounting for 32% of global imports.
Vietnam saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.
Leather - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Italy | 4.3 | 3.7 | 2.8 | -19.0% |
Brazil | 1.8 | 1.4 | 1 | -25.6% |
China | 0.6 | 0.7 | 0.6 | -0.3% |
Hong Kong SAR | 1.1 | 0.9 | 0.5 | -29.7% |
United States | 0.9 | 0.8 | 0.5 | -23.1% |
In value terms, Italy ($2.8B) remains the largest leather supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Brazil ($971M), with a 8.3% share of global exports. It was followed by China, with a 5.4% share.
In Italy, leather exports plunged by an average annual rate of -19.0% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-25.6% per year) and China (-0.3% per year).
Leather - Market Forecast
Driven by rising demand for leather worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Leather - Product Coverage
- HS 410510 - Tanned or crust skins of sheep or lambs, without wool on, whether or not split, but not further prepared, in the wet state (including wet-blue)
- HS 410530 - Tanned or crust skins; of sheep or lambs, without wool on, whether or not split, but not further prepared, in the dry state (crust)
- HS 410621 - Tanned or crust hides and skins; of goats or kids, without wool or hair on, whether or not split, but not further prepared, in the wet state (including wet blue)
- HS 410622 - Tanned or crust hides and skins; of goats or kids, without hair on, whether or not split, but not further prepared, in the dry state (crust)
- HS 410631 - Tanned or crust hides and skins; of swine, without hair on, whether or not split, but not further prepared, in the wet state (including wet blue)
- HS 410632 - Tanned or crust hides and skins; of swine, without hair on, whether or not split, but not further prepared, in the dry state (crust)
- HS 4112 - Leather further prepared after tanning or crusting, including parchment dressed leather, of sheep or lamb, without wool on, whether or not split, other than leather of heading 41.14
- HS 411310 - Leather; further prepared after tanning or crusting, including parchment-dressed leather, without hair on, whether or not split, other than leather of heading 41.14, of goats and kids
- HS 411320 - Leather; further prepared after tanning or crusting, including parchment-dressed leather, without hair on, whether or not split, other than leather of heading 41.14, of swine
- HS 411330 - Leather; further prepared after tanning or crusting, including parchment-dressed leather, of reptiles, whether or not split, other than leather of heading 41.14
- HS 411390 - Leather; further prepared after tanning or crusting, including parchment-dressed leather, of animals (other than sheep and lambs, goats and kids, swine and reptiles), without wool or hair on, whether or not split, other than leather of heading 41.14
- HS 410640 - Tanned or crust hides and skins; of reptiles, whether or not split, but not further prepared
- HS 410691 - Tanned or crust hides and skins; of animals other than equine, ovine, bovine, goats or kids, swine and reptiles, without wool or hair on, whether or not split, but not further prepared, in the wet state (including wet blue)
- HS 410692 - Tanned or crust hides and skins; of animals other than equine, ovine, bovine, goats or kids, swine and reptiles, without wool or hair on, whether or not split, but not further prepared, in the dry state (crust)
- HS 411510 - Leather; composition leather with a basis of leather or leather fibre, in slabs, sheets or strip, whether or not in rolls
- HS 410411 - Tanned or crust hides and skins; without hair on, bovine or equine, in the wet state (including wet blue), full grains, unsplit; grain splits
- HS 410419 - Tanned or crust hides and skins; bovine or equine, without hair on, in the wet state (including wet blue),excluding full grains, unsplit; grain splits
- HS 410441 - Tanned or crust hides and skins; bovine or equine, without hair on, in the dry state (crust), full grains, unsplit; grain splits
- HS 410449 - Tanned or crust hides and skins; bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit; grain splits)
- HS 4107 - Leather; of animals n.e.s. in chapter 41, without hair on, excluding leather of heading no. 4108 or 4109
- HS 411410 - Leather; chamois (including combination chamois)
- HS 411420 - Leather; patent leather and laminated patent leather; metallised leather
This report provides an in-depth analysis of the global leather market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
In value terms, leather and composition leather articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, leather and composition leather articles exports amounted to $X in 2016. Overall, it indicated a pronounced expansion from 2007 to 2016: the total exports value decreased at an aver...
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.