Report Update Nov 1, 2024

Luxembourg - Leather - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Leather Market 2022

Leather Market Size in Luxembourg

After two years of growth, the Luxembourg leather market decreased by -5.3% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Leather Production in Luxembourg

In value terms, leather production shrank to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 49% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Leather Exports

Exports from Luxembourg

Leather exports from Luxembourg skyrocketed to X tons in 2021, increasing by 5,216% on 2020. In general, exports, however, saw a dramatic setback. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, leather exports skyrocketed to $X in 2021. Overall, exports, however, showed a drastic downturn. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg) was the main destination for leather exports from Luxembourg, with a 0.2% share of total exports. Moreover, leather exports to Belgium exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), tenfold. The Netherlands (X kg) ranked third in terms of total exports with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at -42.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (0.0% per year) and the Netherlands (-41.9% per year).

In value terms, Belgium ($X) remains the key foreign market for leather exports from Luxembourg, comprising 0.3% of total exports. The second position in the ranking was held by the Netherlands ($X), with less than 0.1% share of total exports. It was followed by Switzerland, with less than 0.1% share.

From 2012 to 2021, the average annual growth rate of value to Belgium stood at -35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-40.2% per year) and Switzerland (-54.0% per year).

Export Prices by Country

In 2021, the average leather export price amounted to $X per ton, shrinking by -9% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2018 an increase of 180%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Austria ($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 Switzerland (+59.2%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Imports

Imports into Luxembourg

In 2021, overseas purchases of leather were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when imports increased by 64%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, leather imports surged to $X in 2021. Over the period under review, imports, however, recorded a noticeable reduction. 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

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of leather imports to Luxembourg.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest leather suppliers to Luxembourg were Germany ($X), Belgium ($X) and the UK ($X), together accounting for 83% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +30.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average leather import price stood at $X per ton in 2021, growing by 39% against the previous year. Over the period under review, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 89% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.6%), 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 leather in the world?

The countries with the highest volumes of in 2021 were China, Italy and Turkey, with a combined 43% share of global consumption.

What are the largest producers of leather in the world?

The countries with the highest volumes of in 2021 were Italy, Brazil and Turkey, with a combined 35% share of global production.

What are the leading suppliers of leather to Luxembourg?

In value terms, Germany, Belgium and the UK constituted the largest leather suppliers to Luxembourg, with a combined 82% share of total imports.

What are the leading importers of leather from Luxembourg?

In value terms, Belgium $985) remains the key foreign market for leather exports from Luxembourg, comprising 0.3% of total exports. The second position in the ranking was occupied by the Netherlands $65), with a 0% share of total exports. It was followed by Switzerland, with a 0% share.

What is the average export price for leather in Luxembourg?

The average leather export price stood at $20,744 per ton in 2021, waning by -10.9% against the previous year.

What is the average import price for leather in Luxembourg?

The average leather import price stood at $34,956 per ton in 2021, rising by 35% against the previous year.

This report provides an in-depth analysis of the leather market in Luxembourg. 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 15113100 - Leather, of bovine animals, without hair, whole
Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
Prodcom 15113300 - Leather, of equine animals, without hair
Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
Prodcom 15115100 - Leather of other animals, without hair on
Prodcom 15112100 - Chamois leather and combination chamois leather
Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
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