U.S. - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in the United States - 2023
Contents:
- Leather Apparel Price in the United States (CIF) - 2022
- Leather Apparel Price in the United States (FOB) - 2022
- Leather Apparel Imports in the United States
- Leather Apparel Exports in the United States
Leather Apparel Price in the United States (CIF) - 2022
The average leather apparel import price stood at $90 per unit in 2022, increasing by 2.5% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. Over the period under review, average import prices attained the maximum at $102 per unit in 2020; however, from 2021 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 Italy ($479 per unit), while the price for Pakistan ($31 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Apparel Price in the United States (FOB) - 2022
In 2022, the average leather apparel export price amounted to $23 per unit, reducing by -47.9% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. As a result, the export price attained the peak level of $44 per unit, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($124 per unit), while the average price for exports to Trinidad and Tobago ($4.8 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Apparel Imports in the United States
In 2022, the amount of apparel of leather or of composition leather imported into the United States soared to 3.9M units, increasing by 37% against 2021 figures. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, leather apparel imports soared to $354M in 2022. Overall, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% 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 +72.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Leather Apparel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| India | 50.9 | 60.7 | 86.8 | 30.6% | |
| Italy | 51.9 | 61.1 | 86.4 | 29.0% | |
| Pakistan | 24.5 | 39.4 | 46.7 | 38.1% | |
| China | 23.9 | 20.8 | 31.6 | 15.0% | |
| Turkey | 16.7 | 20.5 | 26.6 | 26.2% | |
| South Korea | 5.6 | 9.1 | 15.8 | 68.0% | |
| Indonesia | 6.0 | 9.4 | 12.9 | 46.6% | |
| Mexico | 2.4 | 3.8 | 7.4 | 75.6% | |
| Others | 24.2 | 26.5 | 40.1 | 28.7% | |
| Total | 206 | 251 | 354 | 31.1% | |
Top Suppliers of Leather Apparel to the United States in 2022:
- Pakistan (1489.1K units)
- India (983.1K units)
- China (518.0K units)
- Indonesia (226.2K units)
- Italy (180.4K units)
- Turkey (149.2K units)
- South Korea (95.1K units)
- Mexico (79.6K units)
Leather Apparel Exports in the United States
In 2022, leather apparel exports from the United States soared to 3.6M units, jumping by 121% on the year before. In general, exports showed 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 amounted to $82M in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports hit record highs at $107M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Leather Apparel in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Panama | 8.0 | 12.5 | 12.2 | 23.5% | |
| Canada | 8.2 | 9.7 | 10.1 | 11.0% | |
| Bahamas | 1.7 | 2.9 | 6.8 | 100.0% | |
| Georgia | 2.7 | 4.2 | 4.2 | 24.7% | |
| Cayman Islands | 1.7 | 2.7 | 2.6 | 23.7% | |
| El Salvador | 0.2 | 1.2 | 1.9 | 208.2% | |
| British Virgin Islands | 0.9 | 1.0 | 1.8 | 41.4% | |
| Saint Maarten (Dutch part) | 0.9 | 0.9 | 1.3 | 20.2% | |
| Turks and Caicos Islands | 0.4 | 0.7 | 1.2 | 73.2% | |
| Barbados | 0.3 | 0.3 | 0.8 | 63.3% | |
| Jamaica | 0.1 | 0.2 | 0.5 | 123.6% | |
| Trinidad and Tobago | 0.3 | 0.3 | 0.5 | 29.1% | |
| Guyana | N/A | 0.1 | 0.4 | 300.0% | |
| Others | 38.5 | 35.0 | 38.0 | -0.7% | |
| Total | 63.7 | 71.5 | 82.2 | 13.6% | |
Top Export Markets for Leather Apparel from the United States in 2022:
- Bahamas (615.6K units)
- El Salvador (362.4K units)
- Cayman Islands (341.2K units)
- British Virgin Islands (232.9K units)
- Panama (232.8K units)
- Saint Maarten (Dutch part) (218.6K units)
- Georgia (211.1K units)
- Turks and Caicos Islands (116.8K units)
- Trinidad and Tobago (102.1K units)
- Jamaica (93.3K units)
- Guyana (87.5K units)
- Barbados (83.1K units)
- Canada (81.3K units)
This report provides an in-depth analysis of the leather apparel market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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In value terms, leather apparel imports reduced to $20M in March 2023.
197
Imports of Gloves reached a peak of 18M pairs in September 2022; however, from October 2022 to August 2023, they were unable to regain momentum. In terms of value, glove imports surged to $33M in August 2023.
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In February 2023, the price of gloves was $1.8 per pair (CIF, US) which represented a decrease of -7.1% compared to the previous month.
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Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
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Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
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The global trade in leather apparel amounted to X million USD in 2015, fluctuating mildly over the period under review. An X% drop in 2009 was followed by modest recovery over the
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Italy dominates in the global apparel of leather trade. In 2014, Italy exported X thousand tons of apparel of leather totaling X million USD, X% over the previous year. Its primary trading partner was Switzerland, where it supplied X% of its t
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China has moved into second place in the global belt and bandolier trade. In 2014, China exported X million units of belts and bandoliers totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
