Report Update Nov 1, 2024

Hong Kong SAR, China - Patent Leather, Patent Laminated Leather and Metallised Leather - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Patent Leather Market 2024

Patent Leather Market Size in Hong Kong SAR, China

The Hong Kong patent leather market dropped rapidly to $X in 2021, falling by -27.7% against the previous year. In general, consumption saw a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Patent Leather Production in Hong Kong SAR, China

In value terms, patent leather production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 32% against the previous year. Patent leather production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Patent Leather Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of patent leather, patent laminated leather and metallised leather was finally on the rise to reach X square meters for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, faced a abrupt shrinkage. Imports peaked at X square meters in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, patent leather imports rose sharply to $X in 2021. In general, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 18%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest patent leather supplier to Hong Kong SAR, with a 78% share of total imports. Moreover, patent leather imports from China exceeded the figures recorded by the second-largest supplier, Italy (X square meters), sixfold. Brazil (X square meters) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-21.9% per year) and Brazil (-14.9% per year).

In value terms, China ($X), Italy ($X) and Brazil ($X) constituted the largest patent leather suppliers to Hong Kong SAR, together comprising 94% of total imports.

China, with a CAGR of +13.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average patent leather import price amounted to $X per square meter, declining by -35% against the previous year. In general, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2017 an increase of 15%. Over the period under review, average import prices hit record highs at $X per square meter in 2020, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for patent leather, patent laminated leather and metallised leather in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, together comprising 35% of global consumption.

What are the largest producers of patent leather, patent laminated leather and metallised leather in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 37% share of global production.

What are the leading suppliers of patent leather, patent laminated leather and metallised leather to Hong Kong SAR, China?

In value terms, the largest patent leather suppliers to Hong Kong SAR were China, Italy and Brazil, with a combined 94% share of total imports.

What are the leading importers of patent leather, patent laminated leather and metallised leather from Hong Kong SAR, China?

In value terms, China remains the key foreign market for patent leather exports from Hong Kong SAR, comprising 79% of total exports. The second position in the ranking was occupied by Indonesia, with a 21% share of total exports.

What is the average export price for patent leather, patent laminated leather and metallised leather in Hong Kong SAR, China?

In 2021, the average patent leather export price amounted to $26,147 per ton, surging by 4.6% against the previous year.

What is the average import price for patent leather, patent laminated leather and metallised leather in Hong Kong SAR, China?

The average patent leather import price stood at $16,867 per ton in 2021, which is down by -15.4% against the previous year.

This report provides an in-depth analysis of the patent leather market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023