Australia: Market for Leather of Bovine and Equine Animals 2025

Market Size for Leather of Bovine and Equine Animals in Australia

In 2021, after two years of growth, there was significant decline in the Australian bovine and equine leather market, when its value decreased by -49.2% to $X. Overall, consumption saw a deep slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Leather of Bovine and Equine Animals in Australia

In value terms, bovine and equine leather production amounted to $X in 2021 estimated in export price. Overall, production recorded a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of 12%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Leather of Bovine and Equine Animals

Exports from Australia

In 2021, approx. X tons of leather of bovine and equine animals were exported from Australia; with an increase of 64% against 2020. Over the period under review, exports, however, continue to indicate a slight setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bovine and equine leather exports soared to $X in 2021. In general, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for bovine and equine leather exports from Australia, accounting for a 47% share of total exports. Moreover, bovine and equine leather exports to Italy exceeded the volume sent to the second major destination, China (X tons), threefold. Vietnam (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-6.4% per year) and Vietnam (+4.1% per year).

In value terms, Italy ($X), China ($X) and Vietnam ($X) appeared to be the largest markets for bovine and equine leather exported from Australia worldwide, with a combined 82% share of total exports.

Vietnam, with a CAGR of +3.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average bovine and equine leather export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 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 Hong Kong SAR ($X per ton), while the average price for exports to Bangladesh ($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 Hong Kong SAR (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leather of Bovine and Equine Animals

Imports into Australia

After five years of decline, supplies from abroad of leather of bovine and equine animals increased by 37% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt slump. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, bovine and equine leather imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt decline. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X tons), Italy (X tons) and New Zealand (X tons) were the main suppliers of bovine and equine leather imports to Australia, together accounting for 66% of total imports. These countries were followed by Brazil, Germany, the United States, India, Portugal, Spain, Mexico and the UK, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +7.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), New Zealand ($X) and Argentina ($X) constituted the largest bovine and equine leather suppliers to Australia, together comprising 63% of total imports. Brazil, India, Germany, the United States, Spain, Portugal, the UK and Mexico lagged somewhat behind, together accounting for a further 31%.

In terms of the main suppliers, Spain, with a CAGR of +10.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bovine and equine leather import price amounted to $X per ton, increasing by 3.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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