China: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in China

The Chinese market for chamois, patent and combination leather declined to $X in 2022, reducing by -2.4% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Chamois, Patent and Combination Leather in China

In value terms, chamois, patent and combination leather production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 42%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Chamois, Patent and Combination Leather

Exports from China

In 2022, the amount of chamois, patent and combination leather exported from China declined to X square meters, which is down by -14.1% compared with 2021 figures. Overall, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 87%. As a result, the exports attained the peak of X square meters. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, chamois, patent and combination leather exports shrank rapidly to $X in 2022. Over the period under review, exports, however, posted a measured expansion. The growth pace was the most rapid in 2021 when exports increased by 117% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X square meters) was the main destination for chamois, patent and combination leather exports from China, with a 19% share of total exports. Moreover, chamois, patent and combination leather exports to Vietnam exceeded the volume sent to the second major destination, Indonesia (X square meters), twofold. Bangladesh (X square meters) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+60.0% per year) and Bangladesh (+62.9% per year).

In value terms, Vietnam ($X) remains the key foreign market for chamois, patent and combination leather exports from China, comprising 21% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 9.1% share of total exports. It was followed by Cambodia, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+66.7% per year) and Cambodia (+46.4% per year).

Export Prices by Country

In 2022, the average export price for chamois, patent and combination leather amounted to $X per square meter, falling by -9.8% against the previous year. Overall, the export price saw a slight setback. The growth pace was the most rapid in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per square meter), while the average price for exports to Myanmar ($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 Guatemala (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois, Patent and Combination Leather

Imports into China

Chamois, patent and combination leather imports into China fell to X square meters in 2022, declining by -13% against 2021 figures. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 22%. Over the period under review, imports hit record highs 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 dropped notably to $X in 2022. Over the period under review, imports faced a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X square meters), South Korea (X square meters) and Italy (X square meters) were the main suppliers of chamois, patent and combination leather imports to China, together comprising 28% of total imports. These countries were followed by Brazil, Mexico, Pakistan, Cambodia and India, which together accounted for a further 3.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cambodia (with a CAGR of +98.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of chamois, patent and combination leather to China, comprising 17% of total imports. The second position in the ranking was held by Vietnam ($X), with a 7.8% share of total imports. It was followed by Italy, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to -7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+45.5% per year) and Italy (-19.5% per year).

Import Prices by Country

In 2022, the average import price for chamois, patent and combination leather amounted to $X per square meter, dropping by -5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2016 when the average import price increased by 40%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per square meter), while the price for Cambodia ($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 Mexico (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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