
Peru - Leather - Market Analysis, Forecast, Size, Trends and Insights
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Leather Market Size in Peru
The Peruvian leather market rose sharply to $X in 2021, growing by 6.5% against the previous year. In general, consumption, however, recorded a slight decline. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Leather Production in Peru
In value terms, leather production expanded markedly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 12%. Leather production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
Leather Exports
Exports from Peru
In 2021, approx. X tons of leather were exported from Peru; stabilizing at 2020 figures. Overall, exports saw a sharp contraction. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, leather exports rose markedly to $X in 2021. In general, exports faced a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Nigeria (X tons), Hong Kong SAR (X tons) and Italy (X tons) were the main destinations of leather exports from Peru.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +148.1%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for leather exported from Peru were Hong Kong SAR ($X), Italy ($X) and Spain ($X), together comprising 36% of total exports. These countries were followed by Nigeria, China, Brazil and Ecuador, which together accounted for a further 6.7%.
In terms of the main countries of destination, Brazil, with a CAGR of +61.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average leather export price stood at $X per ton in 2021, picking up by 9.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Nigeria ($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 Portugal (+51.7%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Imports
Imports into Peru
In 2021, supplies from abroad of leather was finally on the rise to reach X tons after two years of decline. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 43%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, leather imports amounted to $X in 2021. Over the period under review, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2017 with an increase of 23% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Mexico (X tons), Bolivia (X tons) and Chile (X tons) were the main suppliers of leather imports to Peru, together accounting for 45% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +14.3%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Mexico ($X), Chile ($X) and Uruguay ($X) appeared to be the largest leather suppliers to Peru, with a combined 49% share of total imports.
Mexico, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average leather import price stood at $X per ton in 2021, approximately equating the previous year. In general, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, leather import price increased by +30.8% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 81%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Uruguay ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the leather market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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