Report World - Leather - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Leather - Market Analysis, Forecast, Size, Trends and Insights

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Global Leather Market 2022

Leather Market Size

In 2021, the global leather market increased by 8.2% to $X for the first time since 2014, thus ending a six-year declining trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the global market remained at a lower figure.

Leather Production

In value terms, leather production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight descent. The growth pace was the most rapid in 2014 with an increase of 11%. As a result, production reached the peak level of $X. From 2015 to 2021, global production growth remained at a lower figure.

Leather Exports

Exports

In 2021, after three years of decline, there was significant growth in overseas shipments of leather, when their volume increased by 12% to X tons. In general, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 12% against the previous year. Over the period under review, the global exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, leather exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the global exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) and the United States (X tons) represented roughly 35% of total exports in 2021. It was distantly followed by Italy (X tons), constituting an 8.8% share of total exports. Vietnam (X tons), China (X tons), Argentina (X tons), Paraguay (X tons), India (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), Turkey (X tons), Hong Kong SAR (X tons) and New Zealand (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of +9.8%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest leather supplier worldwide, comprising 23% of global exports. The second position in the ranking was held by Brazil ($X), with a 9.8% share of global exports. It was followed by China, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Italy totaled -3.2%. In the other countries, the average annual rates were as follows: Brazil (-4.9% per year) and China (+9.1% per year).

Export Prices by Country

In 2021, the average leather export price amounted to $X per ton, growing by 9.5% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the other global leaders experienced more modest paces of growth.

Leather Imports

Imports

In 2021, supplies from abroad of leather increased by 17% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Global imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, leather imports surged to $X in 2021. In general, imports, however, saw a noticeable descent. Global imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China was the key importing country with an import of around X tons, which finished at 41% of total imports. Italy (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (9.3%). The following importers - India (X tons), Mexico (X tons), Hong Kong SAR (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons), the United States (X tons), Spain (X tons) and Cambodia (X tons) - together made up 17% of total imports.

China experienced a relatively flat trend pattern with regard to volume of imports of leather. At the same time, Cambodia (+16.7%), Vietnam (+4.8%), Indonesia (+2.8%), the United States (+2.5%) and India (+1.5%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in the world, with a CAGR of +16.7% from 2012-2021. By contrast, Mexico (-1.2%), Italy (-3.0%), Taiwan (Chinese) (-4.1%), Spain (-5.3%) and Hong Kong SAR (-15.5%) illustrated a downward trend over the same period. Vietnam (+4.3 p.p.) and China (+4.1 p.p.) significantly strengthened its position in terms of the global imports, while Hong Kong SAR saw its share reduced by -6.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2021, together comprising 34% of global imports. Hong Kong SAR, the United States, Indonesia, Mexico, Spain, India, Cambodia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 23%.

In terms of the main importing countries, Cambodia, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average leather import price amounted to $X per ton, picking up by 2.6% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.8%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Italy and Turkey, together accounting for 43% of global consumption.
The countries with the highest volumes of in 2021 were Italy, Brazil and Turkey, together accounting for 35% of global production.
In value terms, Italy remains the largest leather supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Brazil, with an 8.6% share of global exports. It was followed by the United States, with a 5.4% share.
In value terms, China, Italy and Vietnam were the countries with the highest levels of imports in 2021, with a combined 34% share of global imports.
The average leather export price stood at $8,059 per ton in 2021, with an increase of 12% against the previous year.
In 2021, the average leather import price amounted to $7,603 per ton, with an increase of 9.2% against the previous year.

This report provides an in-depth analysis of the global leather market. 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:

  • Prodcom 15113100 - Leather, of bovine animals, without hair, whole
  • Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
  • Prodcom 15113300 - Leather, of equine animals, without hair
  • Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
  • Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
  • Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
  • Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
  • Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
  • Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
  • Prodcom 15115100 - Leather of other animals, without hair on
  • Prodcom 15112100 - Chamois leather and combination chamois leather
  • Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
  • Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Guangzhou Shunhe (Lao'aisi) Leather Goods Co., Ltd., TEYS AUSTRALIA MURGON PTY LTD, RATHNAM LEATHERS, Eagle Ottawa, LLC, Gst Autoleather, Inc., GRUPPO MASTROTTO SPA, NIPPI, INCORPORATED, BOXMARK Leather GmbH & Co KG, RINO MASTROTTO GROUP SPA, CONCERIA PASUBIO SPA

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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