Pakistan - Composition Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingComposition Leather Price in Pakistan - 2023
Contents:
- Composition Leather Price in Pakistan (CIF) - 2022
- Composition Leather Price in Pakistan (FOB) - 2022
- Composition Leather Imports in Pakistan
- Composition Leather Exports in Pakistan
Composition Leather Price in Pakistan (CIF) - 2022
In 2022, the average composition leather import price amounted to $14 per square meter, falling by -54.6% against the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 92% against the previous year. Over the period under review, average import prices hit record highs at $30 per square meter in 2021, and then shrank rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($54 per square meter), while the price for Spain ($0.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), while the prices for the other major suppliers experienced a decline.
Composition Leather Price in Pakistan (FOB) - 2022
In 2022, the average composition leather export price amounted to $7.3 per square meter, approximately equating the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the maximum at $12 per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($29 per square meter), while the average price for exports to Hong Kong SAR ($0.8 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Composition Leather Imports in Pakistan
In 2022, overseas purchases of composition leather were finally on the rise to reach 6.8K square meters after two years of decline. Overall, imports, however, showed a drastic downturn. Imports peaked at 12K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, composition leather imports fell to $93K in 2022. In general, imports, however, faced a significant decline. Over the period under review, imports attained the maximum at $296K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Composition Leather in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 264 | 101 | 91.2 | 88.9 | -30.4% |
China | 26.3 | 2.1 | 1.2 | 1.9 | -58.4% |
Italy | 0.3 | 0.3 | 0.1 | 1.0 | 49.4% |
Japan | 1.8 | 0.8 | 0.6 | 0.5 | -34.8% |
Hungary | 1.1 | 0.4 | 0.3 | 0.2 | -43.3% |
South Korea | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
Spain | 0.1 | N/A | N/A | N/A | 0% |
Others | 2.2 | 1.0 | 1.0 | 0.8 | -28.6% |
Total | 296 | 106 | 94.5 | 93.4 | -31.9% |
Top Suppliers of Composition Leather to Pakistan in 2022:
- Italy (4273.0 square meters)
- United States (1651.0 square meters)
- China (238.0 square meters)
- Hungary (154.0 square meters)
- Spain (144.0 square meters)
- South Korea (131.0 square meters)
- Japan (52.0 square meters)
Composition Leather Exports in Pakistan
In 2022, approx. 211K square meters of composition leather were exported from Pakistan; declining by -9.1% against the previous year. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of 232K square meters, and then dropped in the following year.
In value terms, composition leather exports declined to $1.5M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of $1.7M, and then shrank in the following year.
Export of Composition Leather in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 991 | 964 | 886 | 987 | -0.1% |
Philippines | 19.6 | 69.9 | 223 | 170 | 105.5% |
Vietnam | 58.8 | 61.0 | 106 | 88.8 | 14.7% |
Fiji | 43.1 | 32.2 | 104 | 77.2 | 21.4% |
Hong Kong SAR | 39.2 | 39.8 | 67.9 | 55.3 | 12.2% |
Myanmar | 229 | 160 | 158 | 46.5 | -41.2% |
United States | 0.8 | 1.9 | 7.4 | 34.3 | 250.0% |
Spain | 9.8 | 9.7 | 16.0 | 12.7 | 9.0% |
Others | 102 | 63.6 | 97.1 | 61.3 | -15.6% |
Total | 1,493 | 1,402 | 1,665 | 1,533 | 0.9% |
Top Export Markets for Composition Leather from Pakistan in 2022:
- Cambodia (89.7K square meters)
- Hong Kong SAR (66.0K square meters)
- Spain (11.6K square meters)
- Vietnam (11.1K square meters)
- Fiji (10.0K square meters)
- Philippines (5.8K square meters)
- United States (4.3K square meters)
- Myanmar (2.8K square meters)
This report provides an in-depth analysis of the composition leather market in Pakistan. 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 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the composition leather market in Pakistan.
This report provides an in-depth analysis of the global composition leather market.
This report provides an in-depth analysis of the composition leather market in Pakistan.
This report provides an in-depth analysis of the global composition leather market.
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...