Sweden: Market for Leather Further Prepared After Tanning or Crusting 2025

Market Size for Leather Further Prepared After Tanning or Crusting in Sweden

After six years of decline, the Swedish market for leather further prepared after tanning or crusting increased by 10% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt descent. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Leather Further Prepared After Tanning or Crusting in Sweden

In value terms, production of leather further prepared after tanning or crusting expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a deep downturn. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Leather Further Prepared After Tanning or Crusting

Exports from Sweden

In 2021, shipments abroad of leather further prepared after tanning or crusting was finally on the rise to reach X tons after five years of decline. In general, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 151%. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of leather further prepared after tanning or crusting soared to $X in 2021. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 188%. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for exports of leather further prepared after tanning or crusting from Sweden, accounting for a 68% share of total exports. Moreover, exports of leather further prepared after tanning or crusting to Hungary exceeded the volume sent to the second major destination, Norway (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Hungary amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+47.9% per year) and Iceland (+180.3% per year).

In value terms, Hungary ($X), Norway ($X) and Iceland ($X) were the largest markets for leather further prepared after tanning or crusting exported from Sweden worldwide.

Iceland, with a CAGR of +305.6%, 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 export price for leather further prepared after tanning or crusting stood at $X per ton in 2021, with a decrease of -20.5% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 87% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Hungary ($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 Iceland (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leather Further Prepared After Tanning or Crusting

Imports into Sweden

In 2021, after two years of decline, there was significant growth in purchases abroad of leather further prepared after tanning or crusting, when their volume increased by 51% to X tons. Over the period under review, imports, however, saw a perceptible curtailment. The growth pace was the most rapid in 2014 with an increase of 724% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of leather further prepared after tanning or crusting skyrocketed to $X in 2021. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 783%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X kg), Italy (X kg) and India (X kg) were the main suppliers of imports of leather further prepared after tanning or crusting to Sweden, together accounting for 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +601.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest leather further prepared after tanning or crusting suppliers to Sweden were Germany ($X), Italy ($X) and India ($X), together comprising 99% of total imports.

Italy, with a CAGR of +928.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for leather further prepared after tanning or crusting amounted to $X per ton, jumping by 57% against the previous year. Overall, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 136%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+46.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform