India: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in India

The Indian market for chamois leather and combination chamois leather amounted to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Chamois Leather and Combination Chamois Leather in India

In value terms, production of chamois leather and combination chamois leather totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23% against the previous year. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Chamois Leather and Combination Chamois Leather

Exports from India

Exports of chamois leather and combination chamois leather from India shrank remarkably to X square meters in 2022, with a decrease of -18.7% against 2021 figures. In general, exports recorded a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of 212%. Over the period under review, the exports of hit record highs at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of chamois leather and combination chamois leather plummeted to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2014 when exports increased by 121%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X square meters) was the main destination for exports of chamois leather and combination chamois leather from India, with a 64% share of total exports. Moreover, exports of chamois leather and combination chamois leather to Poland exceeded the volume sent to the second major destination, Germany (X square meters), fourfold. The UK (X square meters) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.6% per year) and the UK (-21.1% per year).

In value terms, Germany ($X), Poland ($X) and the UK ($X) constituted the largest markets for chamois leather and combination chamois leather exported from India worldwide, together accounting for 91% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +37.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, reducing by -8.6% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28% against the previous year. The export price peaked at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Nepal ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois Leather and Combination Chamois Leather

Imports into India

In 2022, after two years of growth, there was significant decline in purchases abroad of chamois leather and combination chamois leather, when their volume decreased by -82.4% to X square meters. In general, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 2,933% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of chamois leather and combination chamois leather dropped remarkably to $X in 2022. Overall, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 766% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters) and Italy (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to India.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of -9.8%).

In value terms, Italy ($X) constituted the largest supplier of chamois leather and combination chamois leather to India, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 31% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -14.0%.

Import Prices by Country

In 2022, the average import price for chamois leather and combination chamois leather amounted to $X per square meter, jumping by 107% against the previous year. In general, the import price posted a tangible expansion. Over the period under review, average import prices attained the peak figure at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for China amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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