Greece: Market for Leather Further Prepared After Tanning or Crusting 2025

Market Size for Leather Further Prepared After Tanning or Crusting in Greece

In 2021, the Greek market for leather further prepared after tanning or crusting was finally on the rise to reach $X for the first time since 2013, thus ending a seven-year declining trend. Overall, consumption, however, faced a abrupt decrease. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Leather Further Prepared After Tanning or Crusting in Greece

In value terms, production of leather further prepared after tanning or crusting soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. Production of peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Leather Further Prepared After Tanning or Crusting

Exports from Greece

In 2021, overseas shipments of leather further prepared after tanning or crusting decreased by -39.7% to X tons, falling for the fourth consecutive year after four years of growth. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2015 when exports increased by 58% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of leather further prepared after tanning or crusting dropped significantly to $X in 2021. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 42% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for exports of leather further prepared after tanning or crusting from Greece, with a 59% share of total exports. Moreover, exports of leather further prepared after tanning or crusting to Italy exceeded the volume sent to the second major destination, Bulgaria (X tons), fivefold. Poland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to -6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+6.8% per year) and Poland (+23.8% per year).

In value terms, Italy ($X) remains the key foreign market for leather further prepared after tanning or crusting exports from Greece, comprising 59% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 12% share of total exports. It was followed by Serbia, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at -11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+6.1% per year) and Serbia (+36.2% per year).

Export Prices by Country

The average export price for leather further prepared after tanning or crusting stood at $X per ton in 2021, rising by 14% against the previous year. Overall, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Poland ($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 Poland (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Leather Further Prepared After Tanning or Crusting

Imports into Greece

In 2021, approx. X tons of leather further prepared after tanning or crusting were imported into Greece; which is down by -65.1% compared with the year before. In general, imports recorded a perceptible decline. The pace of growth appeared the most rapid in 2013 with an increase of 479% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of leather further prepared after tanning or crusting shrank dramatically to $X in 2021. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2013 with an increase of 263%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of imports of leather further prepared after tanning or crusting to Greece, with a combined 92% share of total imports. Poland lagged somewhat behind, comprising a further 8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +21.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest leather further prepared after tanning or crusting suppliers to Greece were Spain ($X), Italy ($X) and Poland ($X), together accounting for 94% of total imports.

Among the main suppliers, Poland, with a CAGR of +34.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for leather further prepared after tanning or crusting stood at $X per ton in 2021, with an increase of 39% against the previous year. Over the period under review, the import price saw a measured expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 65% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform