GCC - Patent Leather, Patent Laminated Leather and Metallised Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Patent Leather Market 2024
Patent Leather Market Size in GCC
The GCC patent leather market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.4% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Patent Leather Production in GCC
In value terms, patent leather production rose slightly to $X in 2021 estimated in export price. The total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.6% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 56% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Patent Leather Exports
Exports in GCC
In 2021, shipments abroad of patent leather, patent laminated leather and metallised leather increased by 123% to X square meters, rising for the second consecutive year after three years of decline. In general, exports, however, faced a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 254%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, patent leather exports surged to $X in 2021. Over the period under review, exports, however, showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 290% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Export Prices by Country
The export price in GCC stood at $X per square meter in 2021, dropping by -19.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2015 when the export price increased by 78%. The level of export peaked at $X per square meter in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -4.8% per year.
Patent Leather Imports
Imports in GCC
In 2021, overseas purchases of patent leather, patent laminated leather and metallised leather increased by 175% to X square meters, rising for the third year in a row after three years of decline. Over the period under review, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 184% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, patent leather imports surged to $X in 2021. In general, imports, however, continue to indicate a slight decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Saudi Arabia (X square meters) was the key importer of patent leather, patent laminated leather and metallised leather, achieving 52% of total imports. The United Arab Emirates (X square meters) held the second position in the ranking, distantly followed by Kuwait (X square meters) and Qatar (X square meters). All these countries together held near 44% share of total imports. Oman (X square meters) held a little share of total imports.
From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +27.7%), while purchases for the other leaders experienced mixed trends in the imports figures.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported patent leather, patent laminated leather and metallised leather in GCC, comprising 80% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 10% share of total imports. It was followed by Kuwait, with a 4.9% share.
In the United Arab Emirates, patent leather imports expanded at an average annual rate of +12.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-3.4% per year) and Kuwait (-24.1% per year).
Source: IndexBox Platform
This report provides an in-depth analysis of the patent leather market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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