United Kingdom - Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

United Kingdom - Leather - Market Analysis, Forecast, Size, Trends And Insights

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Leather Price in the UK - 2023

Contents:

  1. Leather Price in the UK (FOB) - 2022
  2. Leather Price in the UK (CIF) - 2022
  3. Leather Exports in the UK
  4. Leather Imports in the UK

Leather Price in the UK (FOB) - 2022

In 2021, the average leather export price amounted to $5.6 per square meter, with a decrease of -29.3% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 11%. The export price peaked at $11 per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($48 per square meter), while the average price for exports to Italy ($4.1 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 the United States (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Price in the UK (CIF) - 2022

The average leather import price stood at $8.6 per square meter in 2021, which is down by -4.7% against the previous year. Overall, the import price showed a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $24 per square meter. From 2017 to 2021, the average 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 the Netherlands ($47 per square meter), while the price for Argentina ($6.1 per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Leather Exports in the UK

In 2022, approx. 29M square meters of leather were exported from the UK; waning by -7.4% on 2021 figures. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 96%. As a result, the exports attained the peak of 32M square meters, and then shrank in the following year.

In value terms, leather exports soared to $208M in 2022. In general, exports recorded a slight downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, the exports hit record highs at $220M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Leather in the UK (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States24.39.426.74.8%
Italy38.624.519.0-29.8%
Romania13.45.417.113.0%
Belgium0.61.215.8413.2%
Hong Kong SAR4.75.511.355.1%
Czech Republic13.39.110.6-10.7%
Vietnam9.58.68.8-3.8%
Poland12.58.08.6-17.1%
Germany5.65.68.221.0%
Portugal1.71.95.274.9%
India8.84.92.3-48.9%
China6.45.42.3-40.1%
Others80.437.740.9-28.7%
Total220127177-10.3%

Top Export Markets for Leather from the UK in 2022:

  1. Italy (4.6M square meters)
  2. Romania (0.6M square meters)
  3. United States (0.6M square meters)
  4. Hong Kong SAR (0.6M square meters)
  5. Czech Republic (0.4M square meters)
  6. Belgium (0.4M square meters)
  7. Vietnam (0.3M square meters)
  8. Portugal (0.2M square meters)
  9. Poland (0.2M square meters)
  10. China (0.2M square meters)
  11. Germany (0.2M square meters)
  12. India (0.1M square meters)

Leather Imports in the UK

After three years of growth, supplies from abroad of leather decreased by -5.7% to 16M square meters in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports attained the peak of 17M square meters, and then contracted in the following year.

In value terms, leather imports skyrocketed to $188M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Leather in the UK (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Italy75.559.182.04.2%
Germany18.68.320.65.2%
Spain5.96.29.124.2%
Netherlands6.23.94.1-18.7%
Argentina6.13.43.8-21.1%
Denmark1.01.32.454.9%
Ethiopia5.82.10.6-67.8%
Others34.723.223.3-18.1%
Total154107146-2.6%

Top Suppliers of Leather to the UK in 2022:

  1. Italy (8.5M square meters)
  2. Germany (0.8M square meters)
  3. Argentina (0.6M square meters)
  4. Spain (0.4M square meters)
  5. Denmark (0.3M square meters)
  6. Netherlands (0.1M square meters)
  7. Ethiopia (0.1M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather market 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
  • 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:

  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Which Country Imports the Most Leather and Composition Leather Articles in the World?
Jul 26, 2018
Eye 817

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...

Which Country Exports the Most Leather and Composition Leather Articles in the World?
Jul 26, 2018
Eye 863

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...

Which Country Imports the Most Leather in the World?
May 28, 2018
Eye 7484

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...

Which Country Exports the Most Leather in the World?
May 28, 2018
Eye 907

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 to Stand at $43B
Sep 22, 2017
Eye 2585

Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.

Which Country Imports the Most Leather and Composition Leather Articles in the World?
Jul 26, 2018
Eye 817

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...

Which Country Exports the Most Leather and Composition Leather Articles in the World?
Jul 26, 2018
Eye 863

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...

Which Country Imports the Most Leather in the World?
May 28, 2018
Eye 7484

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...

Which Country Exports the Most Leather in the World?
May 28, 2018
Eye 907

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 to Stand at $43B
Sep 22, 2017
Eye 2585

Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.

Free Data: Leather - United Kingdom