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United Kingdom - Leather of Bovine and Equine Animals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUnited Kingdom: Market for Leather of Bovine and Equine Animals 2024
Market Size for Leather of Bovine and Equine Animals in the UK
In 2023, the UK bovine and equine leather market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Production of Leather of Bovine and Equine Animals in the UK
In value terms, bovine and equine leather production amounted to $X in 2023 estimated in export price. In general, production, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.
Exports of Leather of Bovine and Equine Animals
Exports from the UK
In 2023, after two years of growth, there was significant decline in shipments abroad of leather of bovine and equine animals, when their volume decreased by X% to X square meters. In general, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X square meters in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
In value terms, bovine and equine leather exports declined to $X in 2023. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
Exports by Country
Italy (X square meters) was the main destination for bovine and equine leather exports from the UK, with a X% share of total exports. Moreover, bovine and equine leather exports to Italy exceeded the volume sent to the second major destination, Belgium (X square meters), threefold. The United States (X square meters) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the United States (X% per year).
In value terms, Morocco ($X), the United States ($X) and Italy ($X) appeared to be the largest markets for bovine and equine leather exported from the UK worldwide, together comprising X% of total exports.
Among the main countries of destination, Morocco, with a CAGR of X%, recorded the highest growth rate of 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
The average bovine and equine leather export price stood at $X per square meter in 2023, almost unchanged from the previous year. Over the period under review, export price indicated slight growth from 2012 to 2023: its price 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, bovine and equine leather export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2018 to 2023, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per square meter), while the average price for exports to Belgium ($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 Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Leather of Bovine and Equine Animals
Imports into the UK
Bovine and equine leather imports into the UK shrank markedly to X square meters in 2023, falling by X% on 2022 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X square meters in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, bovine and equine leather imports declined sharply to $X in 2023. Overall, imports recorded a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Italy (X square meters) constituted the largest bovine and equine leather supplier to the UK, with a X% share of total imports. Moreover, bovine and equine leather imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X square meters), twofold. The third position in this ranking was held by Argentina (X square meters), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Argentina (X% per year).
In value terms, Italy ($X) constituted the largest supplier of leather of bovine and equine animals to the UK, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Lithuania, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Lithuania (X% per year).
Import Prices by Country
The average bovine and equine leather import price stood at $X per square meter in 2023, picking up by X% against the previous year. Overall, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per square meter in 2016; however, from 2017 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Argentina ($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 Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for bovine and equine leather in the UK. 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
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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