Asia-Pacific: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Asia-Pacific

The Asia-Pacific market for chamois, patent and combination leather declined to $X in 2022, waning by -3.3% against the previous year. In general, consumption saw a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chamois, Patent and Combination Leather in Asia-Pacific

In value terms, chamois, patent and combination leather production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of 31% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Chamois, Patent and Combination Leather

Exports in Asia-Pacific

In 2022, the amount of chamois, patent and combination leather exported in Asia-Pacific reduced to X square meters, shrinking by -14% compared with the previous year. Overall, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2014 when exports increased by 25%. The volume of export peaked at X square meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, chamois, patent and combination leather exports shrank notably to $X in 2022. In general, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 25% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X square meters) and China (X square meters) represented the major exporters of chamois, patent and combination leather in 2022, resulting at near 34% and 30% of total exports, respectively. It was distantly followed by Taiwan (Chinese) (X square meters) and Vietnam (X square meters), together mixing up a 29% share of total exports. The following exporters - Hong Kong SAR (X square meters) and Pakistan (X square meters) - each finished at a 4% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of exports in 2022, with a combined 74% share of total exports. Vietnam, Hong Kong SAR and Pakistan lagged somewhat behind, together accounting for a further 21%.

Vietnam, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per square meter, reducing by -5.5% against the previous year. Over the period under review, the export price saw a slight decrease. The pace of growth was the most pronounced in 2019 when the export price increased by 12% against the previous year. Over the period under review, the export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chamois, Patent and Combination Leather

Imports in Asia-Pacific

In 2022, imports of chamois, patent and combination leather in Asia-Pacific shrank to X square meters, dropping by -6.2% compared with 2021. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of 26%. The volume of import peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chamois, patent and combination leather imports declined to $X in 2022. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China was the major importer of chamois, patent and combination leather in Asia-Pacific, with the volume of imports finishing at X square meters, which was near 39% of total imports in 2022. Indonesia (X square meters) took the second position in the ranking, followed by Lao People's Democratic Republic (X square meters), Myanmar (X square meters) and the Philippines (X square meters). All these countries together took approx. 46% share of total imports. Cambodia (X square meters) and Bangladesh (X square meters) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chamois, patent and combination leather imports into China stood at -13.1%. At the same time, Lao People's Democratic Republic (+92.9%), Myanmar (+33.9%), Cambodia (+19.2%), Bangladesh (+10.8%) and Indonesia (+9.4%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +92.9% from 2012-2022. By contrast, the Philippines (-14.1%) illustrated a downward trend over the same period. While the share of Lao People's Democratic Republic (+16 p.p.), Indonesia (+15 p.p.), Myanmar (+5.5 p.p.), Cambodia (+3.5 p.p.) and Bangladesh (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (-6 p.p.) and China (-34 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported chamois, patent and combination leather in Asia-Pacific, comprising 55% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of total imports. It was followed by Lao People's Democratic Republic, with a 9.1% share.

In China, chamois, patent and combination leather imports plunged by an average annual rate of -12.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (+8.5% per year) and Lao People's Democratic Republic (+72.2% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per square meter in 2022, waning by -5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 17%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per square meter), while Myanmar ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+21.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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