Netherlands: Composition Leather Market 2024

Composition Leather Market Size in the Netherlands

In 2021, after three years of decline, there was significant growth in the Dutch composition leather market, when its value increased by 21% to $X. The market value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Composition Leather Production in the Netherlands

In value terms, composition leather production stood at $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 64%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Composition Leather Exports

Exports from the Netherlands

In 2021, approx. X square meters of composition leather were exported from the Netherlands; falling by -2.8% against the previous year's figure. In general, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2016 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, composition leather exports amounted to $X in 2021. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 58%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X square meters), Poland (X square meters) and Ghana (X square meters) were the main destinations of composition leather exports from the Netherlands, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +192.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for composition leather exported from the Netherlands were Poland ($X), Estonia ($X) and Germany ($X), with a combined 68% share of total exports.

Estonia, with a CAGR of +177.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average composition leather export price stood at $X per square meter in 2021, rising by 4.3% against the previous year. Overall, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, composition leather export price increased by +13.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 52%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Composition Leather Imports

Imports into the Netherlands

In 2021, the amount of composition leather imported into the Netherlands skyrocketed to X square meters, growing by 23% compared with the previous year's figure. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 153% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, composition leather imports soared to $X in 2021. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 245% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium (X square meters), Italy (X square meters) and Germany (X square meters) were the main suppliers of composition leather imports to the Netherlands, with a combined 86% share of total imports. These countries were followed by France, Estonia and China, which together accounted for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +362.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest composition leather suppliers to the Netherlands were Belgium ($X), Italy ($X) and Germany ($X), together comprising 85% of total imports. These countries were followed by France, Estonia and China, which together accounted for a further 11%.

Estonia, with a CAGR of +268.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average composition leather import price stood at $X per square meter in 2021, surging by 2.3% against the previous year. Over the period under review, the import price showed strong growth. The growth pace was the most rapid in 2014 when the average import price increased by 97% against the previous year. The import price peaked at $X per square meter in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per square meter), while the price for China ($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 Italy (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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