Canada: Market for Chamois, Patent and Combination Leather 2024

Exports of Chamois, Patent and Combination Leather

Exports from Canada

In 2022, overseas shipments of chamois, patent and combination leather were finally on the rise to reach X square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous decrease. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chamois, patent and combination leather exports skyrocketed to $X in 2022. In general, exports, however, faced a sharp decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for chamois, patent and combination leather exports from Canada, with a 73% share of total exports. Moreover, chamois, patent and combination leather exports to the United States exceeded the volume sent to the second major destination, the Dominican Republic (X square meters), fivefold. Cambodia (X square meters) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (0.0% per year) and Cambodia (-14.9% per year).

In value terms, the United States ($X) emerged as the key foreign market for chamois, patent and combination leather exports from Canada, comprising 69% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 15% share of total exports. It was followed by Mexico, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+4,706.2% per year) and Mexico (-32.8% per year).

Export Prices by Country

In 2022, the average export price for chamois, patent and combination leather amounted to $X per square meter, with a decrease of -5.4% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The growth pace was the most rapid in 2018 an increase of 35%. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chamois, Patent and Combination Leather

Imports into Canada

In 2022, the amount of chamois, patent and combination leather imported into Canada rose sharply to X square meters, growing by 6.2% against 2021 figures. Overall, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 44%. As a result, imports reached the peak of X square meters. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chamois, patent and combination leather imports fell to $X in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X square meters) constituted the largest chamois, patent and combination leather supplier to Canada, with a 68% share of total imports. Moreover, chamois, patent and combination leather imports from Italy exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold. The third position in this ranking was taken by the United States (X square meters), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.4% per year) and the United States (+8.7% per year).

In value terms, Italy ($X) constituted the largest supplier of chamois, patent and combination leather to Canada, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with a 26% share of total imports. It was followed by the United States, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.7% per year) and the United States (+6.6% per year).

Import Prices by Country

The average import price for chamois, patent and combination leather stood at $X per square meter in 2022, which is down by -11.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2021 an increase of 9.9% against the previous year. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per square meter) and China ($X per square meter), while the price for Italy ($X per square meter) and the United States ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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