Ukraine: Composition Leather Market 2025

Composition Leather Market Size in Ukraine

In 2021, after four years of growth, there was significant decline in the Ukrainian composition leather market, when its value decreased by -28.9% to $X. Overall, consumption, however, recorded a notable expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Composition Leather Production in Ukraine

In value terms, composition leather production dropped markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 when the production volume increased by 4,735%. Composition leather production peaked at $X in 2020, and then declined markedly in the following year.

Composition Leather Exports

Exports from Ukraine

In 2021, shipments abroad of composition leather decreased by -32.5% to X square meters for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a noticeable slump. The pace of growth was the most pronounced in 2017 when exports increased by 255% against the previous year. As a result, the exports reached the peak of X square meters. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, composition leather exports contracted notably to $X in 2021. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 390%. The exports peaked at $X in 2020, and then fell remarkably in the following year.

Exports by Country

Belarus (X square meters) was the main destination for composition leather exports from Ukraine, accounting for a 60% share of total exports. Moreover, composition leather exports to Belarus exceeded the volume sent to the second major destination, Moldova (X square meters), twofold. Russia (X square meters) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+109.5% per year) and Russia (+20.4% per year).

In value terms, Belarus ($X) remains the key foreign market for composition leather exports from Ukraine, comprising 86% of total exports. The second position in the ranking was held by Moldova ($X), with a 7.3% share of total exports. It was followed by Russia, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Belarus amounted to +56.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+112.0% per year) and Russia (+78.7% per year).

Export Prices by Country

In 2021, the average composition leather export price amounted to $X per square meter, growing by 18% against the previous year. In general, the export price showed a strong increase. The pace of growth was the most pronounced in 2013 an increase of 261%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per square meter), while the average price for exports to Moldova ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2,546.9%), while the prices for the other major destinations experienced more modest paces of growth.

Composition Leather Imports

Imports into Ukraine

In 2021, the amount of composition leather imported into Ukraine contracted rapidly to X square meters, falling by -16.3% compared with 2020 figures. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 151% against the previous year. As a result, imports reached the peak of X square meters. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, composition leather imports rose remarkably to $X in 2021. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when imports increased by 84%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X square meters) constituted the largest supplier of composition leather to Ukraine, accounting for a 76% share of total imports. Moreover, composition leather imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X square meters), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.3% per year) and China (-19.2% per year).

In value terms, the largest composition leather suppliers to Ukraine were Turkey ($X), Germany ($X) and China ($X), together accounting for 93% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average composition leather import price amounted to $X per square meter, rising by 29% against the previous year. In general, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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