Colombia - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Colombia - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights

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Leather Apparel Price in Colombia - 2022

Contents:

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

Leather Apparel Price in Colombia (CIF) - 2022

The average leather apparel import price stood at $81.9 per unit in February 2022, with an increase of 53% against the previous month. Overall, import price indicated a noticeable increase from February 2021 to February 2022: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, leather apparel import price increased by +53.0% against January 2022 indices. The pace of growth was the most pronounced in March 2021 an increase of 67% against the previous month. Over the period under review, average import prices hit record highs at $88.8 per unit in September 2021; however, from October 2021 to February 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($81.1 per unit), while the price for Pakistan totaled $38.7 per unit.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Leather Apparel Price in Colombia (FOB) - 2022

The average leather apparel export price stood at $67 per unit in 2022, falling by -12.3% against the previous year. Over the period under review, the export price saw a mild setback. The pace of growth appeared the most rapid in 2019 an increase of 38% against the previous year. The export price peaked at $82 per unit in 2015; however, from 2016 to 2022, 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 Ecuador ($193 per unit), while the average price for exports to Switzerland ($4.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Apparel Imports in Colombia

In 2022, leather apparel imports into Colombia soared to 97K units, rising by 111% compared with the previous year. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, leather apparel imports surged to $8.1M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Leather Apparel in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,6761,0731,8316,56934.9%
Morocco60364028987013.0%
Pakistan21810118241023.4%
United States2111323180.4-87.6%
Spain5553174110.1-94.4%
Others421188284298-10.9%
Total4,6842,4513,3158,14720.3%

Top Suppliers of Leather Apparel to Colombia in 2022:

  1. India (81.2K units)
  2. Morocco (9.0K units)
  3. Pakistan (3.0K units)

Leather Apparel Exports in Colombia

In 2022, the amount of apparel of leather or of composition leather exported from Colombia soared to 17K units, growing by 188% against the previous year's figure. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, leather apparel exports skyrocketed to $1.2M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Leather Apparel in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru18545.511349338.6%
Guatemala76.541.611835066.0%
Costa Rica65.334.157.711019.0%
Panama17.913.716.710882.0%
United States57.943.896.831.0-18.8%
El Salvador3.64.33.322.684.5%
SwitzerlandN/AN/AN/A1.70%
Others22.42.657.152.632.9%
Total4291864631,17039.7%

Top Export Markets for Leather Apparel from Colombia in 2022:

  1. Peru (6.9K units)
  2. Guatemala (4.0K units)
  3. Panama (3.0K units)
  4. Costa Rica (1.5K units)
  5. El Salvador (0.5K units)
  6. United States (0.5K units)
  7. Switzerland (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather apparel market in Colombia. 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • 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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Free Data: Apparel Of Leather Or Of Composition Leather - Colombia