Europe: Leather Market 2024

Leather Market Size in Europe

The Europe leather market expanded markedly to $X in 2023, increasing by X% against the previous year. Overall, consumption continues to indicate a noticeable contraction. As a result, consumption attained the peak level of $X. From 2016 to 2023, the growth of the market remained at a somewhat lower figure.

Leather Production in Europe

In value terms, leather production contracted to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Leather Exports

Exports in Europe

In 2023, the amount of leather exported in Europe fell to X square meters, shrinking by X% on the previous year's figure. In general, exports saw a perceptible contraction. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, leather exports contracted to $X in 2023. Overall, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy represented the key exporting country with an export of around X square meters, which accounted for X% of total exports. It was distantly followed by Spain (X square meters), Germany (X square meters), Poland (X square meters) and the UK (X square meters), together constituting a X% share of total exports. France (X square meters), Ukraine (X square meters), Belarus (X square meters), the Netherlands (X square meters) and Denmark (X square meters) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to leather exports from Italy stood at X%. At the same time, Poland (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Belarus (X%), the UK (X%), France (X%), Ukraine (X%), Germany (X%), the Netherlands (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Italy (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Netherlands (X p.p.), Germany (X p.p.) and Spain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest leather supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

In Italy, leather exports decreased by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per square meter in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per square meter), while Belarus ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Leather Imports

Imports in Europe

In 2023, approx. X square meters of leather were imported in Europe; which is down by X% against 2022. Over the period under review, imports, however, posted a tangible expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, leather imports reduced to $X in 2023. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Italy dominates imports structure, resulting at X square meters, which was approx. X% of total imports in 2023. It was distantly followed by Spain (X square meters), achieving a X% share of total imports. Portugal (X square meters), Poland (X square meters), France (X square meters), the UK (X square meters), Germany (X square meters), Ukraine (X square meters) and Romania (X square meters) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to leather imports into Italy stood at X%. At the same time, the UK (X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2023. By contrast, Ukraine (X%), Spain (X%), Portugal (X%), France (X%), Poland (X%), Romania (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Italy increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported leather in Europe, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Italy totaled X%. In the other countries, the average annual rates were as follows: France (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per square meter, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. Over the period under review, import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per square meter), while Italy ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform