Indonesia: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2024

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Indonesia

In 2023, the Indonesian market for sheep, goat, swine or reptile leather, excluding chamois leather increased by X% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, showed a perceptible descent. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Indonesia

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather reduced markedly to $X in 2023 estimated in export price. Over the period under review, production recorded a drastic downturn. The pace of growth appeared the most rapid in 2022 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports from Indonesia

In 2023, approx. X square meters of sheep, goat, swine or reptile leather, excluding chamois leather were exported from Indonesia; increasing by X% on 2022 figures. Overall, total exports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X square meters. From 2022 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather fell slightly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2022, and then contracted modestly in the following year.

Exports by Country

China (X square meters) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from Indonesia, accounting for a X% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to China exceeded the volume sent to the second major destination, Hong Kong SAR (X square meters), threefold. Turkey (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Turkey (X% per year).

In value terms, Italy ($X), Germany ($X) and China ($X) appeared to be the largest markets for sheep, goat, swine or reptile leather exported from Indonesia worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for sheep, goat, swine or reptile leather, excluding chamois leather amounted to $X per square meter, which is down by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The export price peaked at $X per square meter in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Hong Kong SAR ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports into Indonesia

For the third consecutive year, Indonesia recorded growth in overseas purchases of sheep, goat, swine or reptile leather, excluding chamois leather, which increased by X% to X square meters in 2023. In general, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather reduced to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Malaysia (X square meters) constituted the largest sheep, goat, swine or reptile leather supplier to Indonesia, with a X% share of total imports. Moreover, imports of sheep, goat, swine or reptile leather, excluding chamois leather from Malaysia exceeded the figures recorded by the second-largest supplier, Kenya (X square meters), threefold. The third position in this ranking was held by Pakistan (X square meters), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and Pakistan (X% per year).

In value terms, India ($X), Pakistan ($X) and Malaysia ($X) constituted the largest sheep, goat, swine or reptile leather suppliers to Indonesia, together comprising X% of total imports. Kenya, China and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Hong Kong SAR, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per square meter in 2023, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price attained the peak level of $X per square meter. From 2017 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per square meter), while the price for Malaysia ($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 India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform