Northern America: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Northern America

The North American market for chamois leather and combination chamois leather declined modestly to $X in 2022, with a decrease of -1.7% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.3% against 2020 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Chamois Leather and Combination Chamois Leather in Northern America

In value terms, production of chamois leather and combination chamois leather fell slightly to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 82% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports in Northern America

In 2022, approx. X square meters of chamois leather and combination chamois leather were exported in Northern America; picking up by 274% compared with the previous year. Over the period under review, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chamois leather and combination chamois leather soared to $X in 2022. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of chamois leather and combination chamois leather, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the chamois leather and combination chamois leather exports, with a CAGR of +19.9% from 2012 to 2022. While the share of the United States (+11 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest chamois leather and combination chamois leather supplier in Northern America.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +9.8%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per square meter, with a decrease of -34.4% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2018 an increase of 6.1% against the previous year. Over the period under review, the export prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.4% per year.

Imports of Chamois Leather and Combination Chamois Leather

Imports in Northern America

For the third year in a row, Northern America recorded growth in supplies from abroad of chamois leather and combination chamois leather, which increased by 16% to X square meters in 2022. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 89%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, imports of chamois leather and combination chamois leather reached $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 24%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United States prevails in leather structure, resulting at X square meters, which was near 97% of total imports in 2022. Canada (X square meters) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the chamois leather and combination chamois leather imports, with a CAGR of +15.8% from 2012 to 2022. Canada (-7.8%) illustrated a downward trend over the same period. While the share of the United States (+21 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-21.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported chamois leather and combination chamois leather in Northern America, comprising 93% of total imports. The second position in the ranking was taken by Canada ($X), with a 7% share of total imports.

In the United States, imports of chamois leather and combination chamois leather expanded at an average annual rate of +4.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per square meter, reducing by -10.6% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the import price increased by 8.8% against the previous year. The level of import peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per square meter), while the United States stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-2.5%).

Source: IndexBox Platform

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