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China - Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Price in China - 2023
Contents:
- Leather Price in China (CIF) - 2022
- Leather Price in China (FOB) - 2022
- Leather Imports in China
- Leather Exports in China
Leather Price in China (CIF) - 2022
In 2021, the average leather import price amounted to $2.4 per square meter, increasing by 34% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. Over the period under review, average import prices hit record highs at $4 per square meter in 2016; however, from 2017 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 South Korea ($13 per square meter), while the price for Kazakhstan ($1 per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Price in China (FOB) - 2022
In 2021, the average leather export price amounted to $10 per square meter, with an increase of 8.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2016 an increase of 16% against the previous year. As a result, the export price attained the peak level of $12 per square meter. From 2017 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($11 per square meter), while the average price for exports to Indonesia ($4.5 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 Bangladesh (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Leather Imports in China
In 2022, imports of leather into China shrank sharply to 567M square meters, reducing by -42.3% against the previous year's figure. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%. Imports peaked at 1.1B square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, leather imports dropped to $2.1B in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked at $2.5B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Leather in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Brazil | 408 | 331 | 369 | -4.9% | |
Italy | 365 | 246 | 310 | -7.8% | |
Thailand | 172 | 132 | 151 | -6.3% | |
United States | 132 | 91.7 | 146 | 5.2% | |
South Korea | 184 | 119 | 112 | -22.0% | |
Vietnam | 141 | 89.8 | 101 | -15.4% | |
Taiwan (Chinese) | 95.9 | 54.9 | 65.5 | -17.4% | |
Argentina | 165 | 82.3 | 63.0 | -38.2% | |
Mexico | 58.6 | 51.0 | 54.2 | -3.8% | |
Bangladesh | 52.6 | 40.6 | 29.0 | -25.7% | |
Uzbekistan | 21.7 | 21.2 | 24.0 | 5.2% | |
Paraguay | 5.9 | 5.5 | 19.9 | 83.7% | |
Kazakhstan | 8.9 | 2.3 | 10.2 | 7.1% | |
Others | 645 | 449 | 885 | 17.1% | |
Total | 2,457 | 1,716 | 2,340 | -2.4% |
Top Suppliers of Leather to China in 2022:
- Brazil (93.2M square meters)
- Italy (72.8M square meters)
- Thailand (55.5M square meters)
- United States (47.9M square meters)
- Vietnam (45.2M square meters)
- Argentina (18.1M square meters)
- Taiwan (Chinese) (17.7M square meters)
- Uzbekistan (13.1M square meters)
- Bangladesh (12.6M square meters)
- Paraguay (12.5M square meters)
- Kazakhstan (9.8M square meters)
- Mexico (9.3M square meters)
- South Korea (8.7M square meters)
Leather Exports in China
In 2022, exports of leather from China contracted notably to 76M square meters, with a decrease of -20.4% compared with 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 95M square meters, and then fell significantly in the following year.
In value terms, leather exports shrank modestly to $920M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $952M, and then fell in the following year.
Export of Leather in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Vietnam | 237 | 252 | 394 | 28.9% | |
Hong Kong SAR | 167 | 120 | 147 | -6.2% | |
Indonesia | 55.2 | 56.6 | 106 | 38.6% | |
Cambodia | 33.9 | 35.1 | 66.0 | 39.5% | |
Bangladesh | 29.0 | 23.5 | 45.2 | 24.8% | |
Italy | 20.3 | 13.8 | 27.1 | 15.5% | |
Thailand | 19.3 | 18.1 | 25.1 | 14.0% | |
South Korea | 8.7 | 11.4 | 22.7 | 61.5% | |
Philippines | 13.7 | 10.0 | 20.3 | 21.7% | |
India | 24.3 | 16.5 | 19.7 | -10.0% | |
Mexico | 2.7 | 7.5 | 16.8 | 149.4% | |
Others | 65.0 | 52.5 | 61.3 | -2.9% | |
Total | 677 | 617 | 952 | 18.6% |
Top Export Markets for Leather from China in 2022:
- Vietnam (37.5M square meters)
- Indonesia (23.6M square meters)
- Hong Kong SAR (13.3M square meters)
- Cambodia (10.5M square meters)
- Bangladesh (7.3M square meters)
- Italy (3.8M square meters)
- India (3.4M square meters)
- South Korea (2.9M square meters)
- Thailand (2.7M square meters)
- Philippines (2.3M square meters)
- Mexico (1.9M square meters)
This report provides an in-depth analysis of the leather market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 2012–2023
- 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 leather market in China.
This report provides an in-depth analysis of the global leather market.
This report provides an in-depth analysis of the leather market in China.
This report provides an in-depth analysis of the global leather market.
From January to July 2021, China's leather imports totalled $1.3B, an increase of 34% over the same period last year. Brazil and Italy are the leading suppliers, comprising more than half of China's leather imports. Over the past year, Italy (+34% y-o-y) significantly increased shipments to China, while supplies from Brazil (-24% y-o-y) declined. The average import price was $4,028 per ton in 2020, rising by 19% over the previous year.
Discover the leading countries in the global leather market for imports, including China, Italy, and Vietnam. Learn about the key players driving the growth of the industry.
In value terms, leather and composition leather articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, leather and composition leather articles exports amounted to $X in 2016. Overall, it indicated a pronounced expansion from 2007 to 2016: the total exports value decreased at an aver...
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.
From January to July 2021, China's leather imports totalled $1.3B, an increase of 34% over the same period last year. Brazil and Italy are the leading suppliers, comprising more than half of China's leather imports. Over the past year, Italy (+34% y-o-y) significantly increased shipments to China, while supplies from Brazil (-24% y-o-y) declined. The average import price was $4,028 per ton in 2020, rising by 19% over the previous year.
Discover the leading countries in the global leather market for imports, including China, Italy, and Vietnam. Learn about the key players driving the growth of the industry.
In value terms, leather and composition leather articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value decreased at an average ann...