Scandinavia: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Scandinavia

In 2022, the Scandinavia market for chamois, patent and combination leather was finally on the rise to reach $X after four years of decline. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Chamois, Patent and Combination Leather in Scandinavia

In value terms, chamois, patent and combination leather production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 52%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Chamois, Patent and Combination Leather

Exports in Scandinavia

After two years of growth, overseas shipments of chamois, patent and combination leather decreased by -3.9% to X square meters in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 70% against the previous year. The volume of export peaked at X square meters in 2021, and then reduced modestly in the following year.

In value terms, chamois, patent and combination leather exports amounted to $X in 2022. In general, exports, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

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

Finland was also the fastest-growing in terms of the chamois, patent and combination leather exports, with a CAGR of +6.6% from 2012 to 2022. While the share of Finland (+7.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) also remains the largest chamois, patent and combination leather supplier in Scandinavia.

In Finland, chamois, patent and combination leather exports expanded at an average annual rate of +6.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per square meter, growing by 4.4% against the previous year. In general, the export price, however, saw a slight slump. The pace of growth appeared the most rapid in 2018 an increase of 5.4% 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 Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -0.5% per year.

Imports of Chamois, Patent and Combination Leather

Imports in Scandinavia

After two years of growth, purchases abroad of chamois, patent and combination leather decreased by -10.1% to X square meters in 2022. Overall, imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports reached the peak of X square meters, and then declined in the following year.

In value terms, chamois, patent and combination leather imports shrank to $X in 2022. In general, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Finland dominates imports structure, reaching X square meters, which was approx. 97% of total imports in 2022. Sweden (X square meters) followed a long way behind the leaders.

Finland was also the fastest-growing in terms of the chamois, patent and combination leather imports, with a CAGR of +3.0% from 2012 to 2022. Sweden (-11.3%) illustrated a downward trend over the same period. While the share of Finland (+8.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (-6 p.p.) displayed negative dynamics.

In value terms, Finland ($X) constitutes the largest market for imported chamois, patent and combination leather in Scandinavia, comprising 94% of total imports. The second position in the ranking was taken by Sweden ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Finland stood at +1.4%.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per square meter, increasing by 2.1% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2014 when the import price increased by 4.6% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the import prices failed to regain momentum.

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 Sweden ($X per square meter), while Finland amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-1.6%).

Source: IndexBox Platform