Pakistan - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in Pakistan - 2023
Contents:
- Leather Apparel Price in Pakistan (FOB) - 2022
- Leather Apparel Price in Pakistan (CIF) - 2022
- Leather Apparel Exports in Pakistan
- Leather Apparel Imports in Pakistan
Leather Apparel Price in Pakistan (FOB) - 2022
In 2022, the average leather apparel export price amounted to $120 per unit, shrinking by -28.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 107% against the previous year. The export price peaked at $426 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($120 per unit) and Russia ($120 per unit), while the average price for exports to Italy ($120 per unit) and the UK ($120 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-0.4%), while the prices for the other major destinations experienced a decline.
Leather Apparel Price in Pakistan (CIF) - 2022
The average leather apparel import price stood at $82 per unit in 2022, dropping by -23.4% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80%. Over the period under review, average import prices reached the maximum at $120 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($119 per unit), while the price for the United Arab Emirates ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Apparel Exports in Pakistan
In 2022, exports of apparel of leather or of composition leather from Pakistan soared to 2.3M units, with an increase of 39% against the previous year. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 66%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, leather apparel exports declined modestly to $281M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports reached the peak of $282M, leveling off in the following year.
| Export of Leather Apparel in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 71.3 | 74.6 | 73.2 | 67.1 | -2.0% |
| United States | 34.1 | 30.9 | 51.1 | 51.3 | 14.6% |
| Netherlands | 20.2 | 20.7 | 26.0 | 24.8 | 7.1% |
| France | 19.6 | 17.2 | 21.1 | 21.8 | 3.6% |
| United Kingdom | 18.9 | 15.7 | 16.6 | 16.7 | -4.0% |
| Spain | 16.4 | 15.0 | 12.0 | 14.1 | -4.9% |
| Poland | 7.0 | 8.1 | 7.9 | 11.8 | 19.0% |
| Italy | 7.8 | 7.2 | 9.2 | 11.1 | 12.5% |
| Turkey | 0.2 | 0.1 | 0.1 | 9.1 | 257.0% |
| Russia | 9.6 | 7.4 | 24.2 | 8.7 | -3.2% |
| Canada | 4.7 | 3.2 | 4.0 | 7.3 | 15.8% |
| Belgium | 10.9 | 7.4 | 8.8 | 6.2 | -17.1% |
| Japan | 4.5 | 3.8 | 4.8 | 4.5 | 0.0% |
| Others | 32.8 | 26.3 | 23.5 | 26.5 | -6.9% |
| Total | 258 | 238 | 282 | 281 | 2.9% |
Top Export Markets for Leather Apparel from Pakistan in 2022:
- Germany (557.6K units)
- United States (426.5K units)
- Netherlands (206.4K units)
- France (181.3K units)
- United Kingdom (138.9K units)
- Spain (117.0K units)
- Poland (97.6K units)
- Italy (92.6K units)
- Turkey (75.7K units)
- Russia (72.1K units)
- Canada (60.6K units)
- Belgium (51.6K units)
- Japan (37.3K units)
Leather Apparel Imports in Pakistan
In 2022, supplies from abroad of apparel of leather or of composition leather decreased by -10.9% to 6.5K units, falling for the second consecutive year after two years of growth. In general, imports showed a slight reduction. The growth pace was the most rapid in 2020 when imports increased by 102% against the previous year. As a result, imports attained the peak of 14K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, leather apparel imports declined markedly to $539K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $822K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Leather Apparel in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 94.4 | 28.4 | 100 | 166 | 20.7% |
| Belgium | 15.9 | 4.0 | 0.9 | 112 | 91.7% |
| Hong Kong SAR | 23.6 | 3.2 | 95.0 | 91.6 | 57.2% |
| China | 310 | 621 | 439 | 72.2 | -38.5% |
| France | 70.7 | 25.7 | 24.3 | 38.5 | -18.3% |
| United Arab Emirates | 3.5 | 6.1 | 0.3 | 28.0 | 100.0% |
| United States | 50.6 | 6.8 | 70.3 | 8.2 | -45.5% |
| Poland | 50.2 | 68.3 | 35.2 | 6.9 | -48.4% |
| Netherlands | 38.3 | 15.4 | 3.5 | 0.2 | -82.7% |
| Oman | N/A | 10.4 | N/A | N/A | 0% |
| Others | 72.7 | 32.8 | 20.5 | 15.5 | -40.3% |
| Total | 730 | 822 | 789 | 539 | -9.6% |
Top Suppliers of Leather Apparel to Pakistan in 2022:
- United Arab Emirates (2200.0 units)
- Germany (1406.0 units)
- Belgium (950.0 units)
- Hong Kong SAR (776.0 units)
- China (612.0 units)
- France (326.0 units)
- United States (69.0 units)
- Poland (59.0 units)
- Netherlands (1.0 units)
This report provides an in-depth analysis of the leather apparel market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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