South Africa - Composition Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingComposition Leather Price in South Africa - 2023
Contents:
- Composition Leather Price in South Africa (FOB) - 2023
- Composition Leather Price in South Africa (CIF) - 2023
- Composition Leather Exports in South Africa
- Composition Leather Imports in South Africa
Composition Leather Price in South Africa (FOB) - 2023
In July 2023, the average composition leather export price amounted to $3.5 per square meter, falling by -21.2% against the previous month. Over the period under review, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in October 2022 an increase of 44% m-o-m. The export price peaked at $4.4 per square meter in June 2023, and then dropped remarkably in the following month.
As there is only one major export destination, the average price level is determined by prices for Lesotho.
From July 2022 to July 2023, the rate of growth in terms of prices for Lesotho amounted to -1.1% per month.
Composition Leather Price in South Africa (CIF) - 2023
The average composition leather import price stood at $2.2 per square meter in July 2023, falling by -18.8% against the previous month. In general, import price indicated a pronounced increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, composition leather import price decreased by -38.3% against May 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 93% m-o-m. As a result, import price reached the peak level of $3.6 per square meter. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($3.3 per square meter), while the price for China ($1.5 per square meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Composition Leather Exports in South Africa
In 2022, approx. 2.2M square meters of composition leather were exported from South Africa; increasing by 27% on the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +101.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, composition leather exports reduced dramatically to $7.3M in 2022. Overall, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports attained the peak of $11M, and then contracted markedly in the following year.
Export of Composition Leather in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lesotho | 9.8 | 5.5 | 10.9 | 7.2 | -9.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.9 | 5.6 | 11.0 | 7.3 | -9.7% |
Top Export Markets for Composition Leather from South Africa in 2022:
- Lesotho (2.2M square meters)
Composition Leather Imports in South Africa
In 2022, approx. 369K square meters of composition leather were imported into South Africa; shrinking by -43.2% on the year before. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Over the period under review, imports hit record highs at 799K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, composition leather imports plummeted to $779K in 2022. Overall, imports faced a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Composition Leather in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 845 | 341 | 597 | 319 | -27.7% |
Germany | 350 | 259 | 331 | 310 | -4.0% |
Italy | 175 | 76.7 | 197 | 142 | -6.7% |
Lesotho | 170 | 83.6 | 52.4 | 0.5 | -85.7% |
India | 152 | 27.3 | 26.6 | N/A | -58.2% |
Others | 206 | 39.7 | 97.2 | 6.7 | -68.1% |
Total | 1,898 | 828 | 1,301 | 779 | -25.7% |
Top Suppliers of Composition Leather to South Africa in 2022:
- India (undefinedK square meters)
- Germany (158.6K square meters)
- China (153.1K square meters)
- Italy (55.0K square meters)
- Lesotho (0.3K square meters)
This report provides an in-depth analysis of the composition leather market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
- 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
This report provides an in-depth analysis of the composition leather market in South Africa.
This report provides an in-depth analysis of the global composition leather market.
This report provides an in-depth analysis of the composition leather market in South Africa.
This report provides an in-depth analysis of the global composition leather market.
Composition Leather exports peaked at 2.2M square meters in 2022, then experienced a significant decline in the following year with exports falling to $5.3M in value terms in 2023.
In April 2023, exports of Composition Leather reached a peak of 245K square meters. However, from May 2023 to November 2023, the exports remained at a slightly lower level. In terms of value, the exports of Composition Leather declined significantly to $366K in November 2023.
In April 2023, the composition leather price stood at $2.7 per square meter (FOB, South Africa), falling by -7.9% against the previous month.
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
Composition Leather exports peaked at 2.2M square meters in 2022, then experienced a significant decline in the following year with exports falling to $5.3M in value terms in 2023.
In April 2023, exports of Composition Leather reached a peak of 245K square meters. However, from May 2023 to November 2023, the exports remained at a slightly lower level. In terms of value, the exports of Composition Leather declined significantly to $366K in November 2023.
In April 2023, the composition leather price stood at $2.7 per square meter (FOB, South Africa), falling by -7.9% against the previous month.
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...