
U.S. Leather and Hide Market. Analysis and Forecast to 2030
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View PricingU.S.: Leather And Hide Market 2022
Leather And Hide Market Size in the U.S.
In 2021, the U.S. leather and hide market increased by 9.7% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Leather And Hide Production in the U.S.
In value terms, leather and hide production amounted to $X in 2021. Overall, production, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 9.6%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Leather And Hide Exports
Exports from the U.S.
In 2021, after six years of decline, there was significant growth in shipments abroad of leather and hide, when their volume increased by 37% to X units. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, leather and hide exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Mexico (X units) was the main destination for leather and hide exports from the United States, with a 693% share of total exports. Moreover, leather and hide exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), sevenfold. Vietnam (X units) ranked third in terms of total exports with a 91% share.
From 2020 to 2021, the average annual growth rate of volume to Mexico totaled +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+24.9% per year) and Vietnam (+26.7% per year).
In value terms, Mexico ($X), China ($X) and Vietnam ($X) were the largest markets for leather and hide exported from the United States worldwide, together comprising 62% of total exports. Italy, Thailand, Canada, the Dominican Republic, Cambodia, Hong Kong SAR, Hungary and India lagged somewhat behind, together accounting for a further 28%.
The Dominican Republic, with a CAGR of +251.3%, 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.
Leather And Hide Imports
Imports into the U.S.
In 2021, overseas purchases of leather and hide were finally on the rise to reach X units after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 23% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, leather and hide imports surged to $X in 2021. In general, imports, however, saw a pronounced decline. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Italy (X units), Brazil (X units) and Mexico (X units) were the main suppliers of leather and hide imports to the United States.
From 2020 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +180.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest leather and hide suppliers to the United States were Italy ($X), Brazil ($X) and Mexico ($X), together accounting for 70% of total imports. Argentina, Germany, Spain, South Africa, China, Austria and the UK lagged somewhat behind, together accounting for a further 17%.
Spain, with a CAGR of +180.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the leather and hide market in the U.S.. 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:
- NAICS 316110 - Leather and hide tanning and finishing
Companies mentioned:
- Eagle Ottawa
- Andrew Alexander Inc
- Gst Autoleather
- McAdoo & Allen
- Oklahoma Leather Products
- Everett Smith Group
- Horween Leather Company
- Wickett & Craig of America
- Pearl Leather Finishers
- Edsim Leather Co.
- National Beef Leathers
- Action
- Hermann Oak Leather Company
- Seidel Tanning Corporation
- Afx Industries
- Tasman Industries
- Hawtan Leathers
- S.B.foot Tanning Company
- Twin City Hide
- Texpac Hide & Skin
- Twin City Tanning Company
- Trebbianno
- D. R. Diedrich & Co.
- Albert Trostel & Sons Company
- The Myers Group
- Branco Leather
- Pearl Meadow Stables
- Lombardo
- Pearl Leather Group
- Gutmann & Day Leather Co.
- Smith Greentech Tannery
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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