Iceland: Leather Market 2020

Leather Market Size in Iceland

The revenue of the leather market in Iceland amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, leather consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, the leather market attained its peak level of $X. From 2013 to 2018, the growth of the leather market remained at a somewhat lower figure.

Leather Production in Iceland

In value terms, leather production stood at $X in 2018 estimated in export prices. Overall, leather production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, leather production attained its maximum level at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Leather Exports

Exports from Iceland

In 2018, the leather exports from Iceland stood at X tons, going down by -X% against the previous year. In general, leather exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Iceland exports peaked at X tons in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, leather exports stood at $X in 2018. In general, leather exports, however, continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. In that year, leather exports reached their peak of $X. From 2012 to 2018, the growth of leather exports remained at a somewhat lower figure.

Exports by Country

Brazil (X tons) and Italy (X tons) were the main exporters of leathers in 2018, reaching near X% and X% of total exports, respectively. 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 took near 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) followed a long way behind the leaders.

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

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

In Italy, leather exports shrank 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

In 2018, the leather export price in Iceland amounted to $X per ton, picking up by X% against the previous year. In general, the leather export price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2018 an increase of X% y-o-y. Over the period under review, the export prices for leathers attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Iceland

In 2018, the amount of leathers imported into Iceland totaled X tons, picking up by X% against the previous year. In general, leather imports, however, continue to indicate a deep decline. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Iceland imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, leather imports totaled $X in 2018. Overall, leather imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, leather imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by Italy (X tons) and Vietnam (X tons) were the major importers of leathers, together generating X% of total imports. The following importers - 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) - together made up X% 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) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Vietnam, Mexico, India, Thailand, Spain, Portugal, Taiwan, Chinese and Iceland lagged somewhat behind, together accounting for a further X the main importing countries, India experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The leather import price in Iceland stood at $X per ton in 2018, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Iceland import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

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