Thailand: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2025

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Thailand

In 2022, the Thai market for sheep, goat, swine or reptile leather, excluding chamois leather increased by 78% to $X, rising for the third year in a row after four years of decline. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +123.4% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Thailand

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather rose modestly to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 31% against the previous year. Over the period under review, production of hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports from Thailand

In 2022, shipments abroad of sheep, goat, swine or reptile leather, excluding chamois leather decreased by -7.8% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Over the period under review, the exports of reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather shrank significantly to $X in 2022. Overall, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 31% against the previous year. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

China (X tons) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from Thailand, accounting for a 72% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-6.1% per year) and Italy (-2.0% per year).

In value terms, China ($X) remains the key foreign market for sheep, goat, swine or reptile leather, excluding chamois leather exports from Thailand, comprising 64% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 11% share of total exports. It was followed by Italy, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-5.3% per year) and Italy (+0.1% per year).

Export Prices by Country

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, reducing by -8.5% against the previous year. Over the period under review, the export price saw a slight shrinkage. The growth pace was the most rapid in 2019 an increase of 26%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports into Thailand

In 2022, purchases abroad of sheep, goat, swine or reptile leather, excluding chamois leather increased by 53% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 99%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +114.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

South Korea (X tons), Malaysia (X tons) and Indonesia (X tons) were the main suppliers of imports of sheep, goat, swine or reptile leather, excluding chamois leather to Thailand, together accounting for 85% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +41.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Malaysia ($X) and Indonesia ($X) appeared to be the largest sheep, goat, swine or reptile leather suppliers to Thailand, with a combined 81% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +49.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, falling by -9% against the previous year. Over the period under review, the import price, however, enjoyed a notable increase. The pace of growth appeared the most rapid in 2016 an increase of 52% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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