Australia: Composition Leather Market 2025

Composition Leather Market Size in Australia

The Australian composition leather market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, showed a noticeable shrinkage. Composition leather consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Composition Leather Production in Australia

In value terms, composition leather production soared to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2017 when the production volume increased by 22% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Composition Leather Exports

Exports from Australia

Composition leather exports from Australia contracted remarkably to X square meters in 2021, which is down by -57.5% compared with 2020 figures. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 254%. As a result, the exports attained the peak of X square meters. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, composition leather exports shrank rapidly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 262%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X square meters), China (X square meters) and Fiji (X square meters) were the main destinations of composition leather exports from Australia, together accounting for 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +10.1%), while shipments for the other leaders experienced a decline.

In value terms, New Zealand ($X) remains the key foreign market for composition leather exports from Australia, comprising 71% of total exports. The second position in the ranking was taken by China ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+0.7% per year) and Fiji (-6.1% per year).

Export Prices by Country

In 2021, the average composition leather export price amounted to $X per square meter, surging by 62% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 607% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per square meter), while the average price for exports to Fiji ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+246.4%), while the prices for the other major destinations experienced more modest paces of growth.

Composition Leather Imports

Imports into Australia

In 2021, purchases abroad of composition leather was finally on the rise to reach X square meters after three years of decline. Overall, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports attained the maximum at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, composition leather imports soared to $X in 2021. In general, imports, however, showed a abrupt slump. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X square meters), Germany (X square meters) and the United States (X square meters) were the main suppliers of composition leather imports to Australia, with a combined 74% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +20.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest composition leather suppliers to Australia were the UK ($X), Germany ($X) and the United States ($X), with a combined 82% share of total imports. Italy, Spain and China lagged somewhat behind, together comprising a further 18%.

Italy, with a CAGR of +13.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average composition leather import price amounted to $X per square meter, with a decrease of -9.4% against the previous year. In general, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 56% against the previous year. As a result, import price reached the peak level of $X per square meter, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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