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Australia and Oceania - Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Composition Leather Market 2024
Composition Leather Market Size in Australia and Oceania
In 2021, the composition leather market in Australia and Oceania was finally on the rise to reach $X after three years of decline. In general, consumption, however, recorded a noticeable downturn. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Composition Leather Production in Australia and Oceania
In value terms, composition leather production soared to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.
Composition Leather Exports
Exports in Australia and Oceania
Composition leather exports fell significantly to X square meters in 2021, declining by -45.6% on the previous year. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, composition leather exports fell remarkably to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 158% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Australia was the key exporting country with an export of around X square meters, which reached 73% of total exports. It was distantly followed by New Zealand (X square meters), creating a 27% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to composition leather exports from Australia stood at -9.6%. At the same time, New Zealand (+10.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +10.0% from 2012-2021. While the share of New Zealand (+23 p.p.) and Australia (+9.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Australia ($X) remains the largest composition leather supplier in Australia and Oceania, comprising 89% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 11% share of total exports.
In Australia, composition leather exports remained relatively stable over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in Australia and Oceania amounted to $X per square meter, growing by 32% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when the export price increased by 444%. The level of export peaked at $X per square meter in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per square meter), while New Zealand amounted to $X per square meter.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+9.7%).
Composition Leather Imports
Imports in Australia and Oceania
In 2021, purchases abroad of composition leather was finally on the rise to reach X square meters for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by 39% against the previous year. As a result, imports reached the peak of X square meters. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, composition leather imports surged to $X in 2021. In general, imports, however, continue to indicate a deep reduction. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
Fiji represented the major importer of composition leather in Australia and Oceania, with the volume of imports reaching X square meters, which was near 59% of total imports in 2021. It was distantly followed by Australia (X square meters), constituting a 36% share of total imports. Palau (X square meters) took a minor share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Palau (with a CAGR of +48.5%), while imports for the other leaders experienced a decline in the imports figures.
In value terms, Fiji ($X), Australia ($X) and Palau ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 96% of total imports.
Among the main importing countries, Palau, with a CAGR of +53.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.
Import Prices by Country
In 2021, the import price in Australia and Oceania amounted to $X per square meter, growing by 8.5% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, composition leather import price increased by +88.1% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by 42%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per square meter), while Fiji ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+12.6%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the composition leather market in Australia and Oceania. 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 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips
Country coverage:
- American Samoa
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Guam
- Kiribati
- Marshall Islands
- Micronesia
- Nauru
- New Caledonia
- New Zealand
- Niue
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- 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
-
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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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