Estonia: Leather Market 2020

Leather Market Size in Estonia

The revenue of the leather market in Estonia amounted to $X in 2018, remaining stable against the previous year. Overall, leather consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Estonia leather consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Leather Production in Estonia

In value terms, leather production stood at $X in 2018 estimated in export prices. In general, leather production continues to indicate a measured increase. The growth pace was the most rapid in 2011 when production volume increased by X% y-o-y. Estonia leather production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Leather Exports

Exports from Estonia

In 2018, the leather exports from Estonia totaled X tons, jumping by X% against the previous year. Over the period under review, leather exports, however, continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Estonia exports peaked at X tons in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, leather exports stood at $X in 2018. Over the period under review, leather exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Estonia exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Brazil (X tons) and Italy (X tons) were the main exporters of leathersin the world, together accounting for approx. X% of total exports. The U.S. (X tons) took the next position in the ranking, followed by Argentina (X tons) and China, Hong Kong SAR (X tons). All these countries together occupied approx. X% share of total exports. Thailand (X tons), Taiwan, Chinese (X tons), Germany (X tons), China (X tons), India (X tons), Paraguay (X tons) and the UK (X tons) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest leather supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In Italy, leather exports contracted by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and China, Hong Kong SAR (-X% per year).

Export Prices by Country

The leather export price in Estonia stood at $X per ton in 2018, dropping by -X% against the previous year. In general, the export price indicated a measured expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, leather export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X% y-o-y. Estonia export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Imports

Imports into Estonia

Leather imports into Estonia totaled X tons in 2018, picking up by X% against the previous year. Over the period under review, leather imports, however, continue to indicate a drastic setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, leather imports reached their maximum at X tons in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, leather imports amounted to $X in 2018. In general, leather imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Estonia imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by Italy (X tons) and Vietnam (X tons) represented the key importers of leathers, together comprising X% of total imports. Thailand (X tons), China, Hong Kong SAR (X tons), Taiwan, Chinese (X tons), India (X tons), Mexico (X tons), Spain (X tons) and Portugal (X tons) occupied a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Vietnam, Mexico, India, Thailand, Spain, Portugal, Taiwan, Chinese and Estonia, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the leather import price in Estonia amounted to $X per ton, declining by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the import price increased by X% against the previous year. Estonia import price peaked at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform