Middle East and North Africa: Leather Market 2022

Leather Market Size in Middle East and North Africa

After three years of decline, the MENA's leather market increased by X% to $X in 2021. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Leather Production in Middle East and North Africa

In value terms, leather production stood at $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Leather Exports

Exports in Middle East and North Africa

In 2021, after three years of decline, there was significant growth in overseas shipments of leather, when their volume increased by X% to X tons. Over the period under review, exports, however, showed a slight downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, leather exports skyrocketed to $X in 2021. In general, exports, however, showed a perceptible decrease. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey was the key exporter of leather in Middle East and North Africa, with the volume of exports recording X tons, which was near X% of total exports in 2021. It was distantly followed by Egypt (X tons) and Saudi Arabia (X tons), together constituting a X% share of total exports. The following exporters - Algeria (X tons), Iraq (X tons), the United Arab Emirates (X tons), Morocco (X tons), Iran (X tons) and Tunisia (X tons) - together made up X% of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2012 to 2021. At the same time, Egypt (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Middle East and North Africa, with a CAGR of +X% from 2012-2021. Morocco experienced a relatively flat trend pattern. By contrast, Algeria (-X%), Saudi Arabia (-X%), Iraq (-X%), Tunisia (-X%) and Iran (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the total exports, while Tunisia, Iraq, Iran and Saudi Arabia saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest leather supplier in Middle East and North Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at +X%. In the other countries, the average annual rates were as follows: Egypt (+X% per year) and Saudi Arabia (-X% per year).

Export Prices by Country

The export price in Middle East and North Africa stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the other leaders experienced a decline in the export price figures.

Leather Imports

Imports in Middle East and North Africa

After two years of decline, purchases abroad of leather increased by X% to X tons in 2021. In general, imports, however, showed a noticeable slump. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, leather imports expanded remarkably to $X in 2021. Overall, imports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Turkey represented the main importer of leather in Middle East and North Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2021. Tunisia (X tons) held the second position in the ranking, distantly followed by Morocco (X tons). All these countries together held approx. X% share of total imports. The United Arab Emirates (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Tunisia (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Tunisia ($X) constitutes the largest market for imported leather in Middle East and North Africa, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Tunisia amounted to +X%. In the other countries, the average annual rates were as follows: Turkey (-X% per year) and Morocco (+X% per year).

Import Prices by Country

In 2021, the import price in Middle East and North Africa amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Tunisia ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform