Algeria: Leather Market 2022

Leather Market Size in Algeria

After three years of decline, the Algerian leather market increased by 7.8% to $X in 2021. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Leather Production in Algeria

In value terms, leather production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Leather Exports

Exports from Algeria

In 2021, shipments abroad of leather increased by 36% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2014 with an increase of 56%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, leather exports surged to $X in 2021. Overall, exports, however, recorded a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Portugal (X tons) and India (X tons) were the main destinations of leather exports from Algeria, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +12.7%), while the other leaders experienced a decline.

In value terms, Italy ($X) remains the key foreign market for leather exports from Algeria, comprising 70% of total exports. The second position in the ranking was taken by Portugal ($X), with a 22% share of total exports. It was followed by India, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+7.2% per year) and India (-23.7% per year).

Export Prices by Country

The average leather export price stood at $X per ton in 2021, with a decrease of -1.7% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-1.8%), while the prices for the other major destinations experienced a decline.

Leather Imports

Imports into Algeria

Leather imports into Algeria surged to X tons in 2021, increasing by 123% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 180%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, leather imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 33%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of leather imports to Algeria, together comprising 70% of total imports. France, Spain, the United Arab Emirates, India and Turkey lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of leather to Algeria, comprising 38% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.9% per year) and Spain (-11.7% per year).

Import Prices by Country

The average leather import price stood at $X per ton in 2021, dropping by -46.7% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by 83%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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