Saudi Arabia - Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Price in Saudi Arabia - 2021
Contents:
- Leather Price in Saudi Arabia (FOB) - 2022
- Leather Price in Saudi Arabia (CIF) - 2022
- Leather Exports in Saudi Arabia
- Leather Imports in Saudi Arabia
Leather Price in Saudi Arabia (FOB) - 2022
The average leather export price stood at $3.5 per square meter in 2020, shrinking by -4.5% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 11% against the previous year. The export price peaked at $7.5 per square meter in 2012; however, from 2013 to 2020, 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 Turkey ($7.2 per square meter), while the average price for exports to India ($1.9 per square meter) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Leather Price in Saudi Arabia (CIF) - 2022
The average leather import price stood at $4.1 per square meter in 2020, shrinking by -42.1% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 91%. Over the period under review, average import prices reached the maximum at $31 per square meter in 2017; however, from 2018 to 2020, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($102 per square meter), while the price for Yemen ($1.5 per square meter) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sudan (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Exports in Saudi Arabia
In 2022, the amount of leather exported from Saudi Arabia declined to 9.9M square meters, dropping by -10.8% on 2021. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 21%. The exports peaked at 13M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, leather exports declined to $35M in 2022. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports reached the maximum at $50M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Leather in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| India | 22.4 | 1.2 | -94.6% | ||
| Turkey | 2.0 | 0.3 | -85.0% | ||
| Italy | 3.4 | 0.3 | -91.2% | ||
| Portugal | 0.2 | 0.3 | 50.0% | ||
| Hong Kong SAR | 0.3 | 0.2 | -33.3% | ||
| Pakistan | 6.4 | 0.1 | -98.4% | ||
| Bangladesh | 0.2 | 0.1 | -50.0% | ||
| China | 5.1 | 0.1 | -98.0% | ||
| Thailand | 0.6 | N/A | 0% | ||
| Djibouti | 1.6 | N/A | 0% | ||
| United Arab Emirates | 1.1 | N/A | 0% | ||
| Others | 6.3 | 29.8 | 373.0% | ||
| Total | 49.5 | 32.4 | -34.5% | ||
Top Export Markets for Leather from Saudi Arabia in 2022:
- Thailand (undefinedK square meters)
- India (641.7K square meters)
- Italy (103.0K square meters)
- Portugal (94.4K square meters)
- Hong Kong SAR (77.8K square meters)
- Bangladesh (52.6K square meters)
- Turkey (40.3K square meters)
- Pakistan (29.5K square meters)
- United Arab Emirates (28.2K square meters)
- China (18.3K square meters)
Leather Imports in Saudi Arabia
In 2022, supplies from abroad of leather decreased by -47.9% to 115K square meters, falling for the second year in a row after two years of growth. In general, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of 437K square meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, leather imports contracted to $2.2M in 2022. Over the period under review, imports recorded a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $2.6M, and then shrank in the following year.
| Import of Leather in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Italy | 2,577 | 2,360 | -8.4% | ||
| Sudan | 878 | 1,210 | 37.8% | ||
| China | 133 | 634 | 376.7% | ||
| Germany | 371 | 208 | -43.9% | ||
| India | 565 | 103 | -81.8% | ||
| United Arab Emirates | 256 | 34.4 | -86.6% | ||
| Yemen | 17.6 | 14.8 | -15.9% | ||
| Switzerland | 808 | 1.4 | -99.8% | ||
| Kuwait | 159 | 0.1 | -99.9% | ||
| Egypt | 286 | N/A | 0% | ||
| Others | -3,764.0 | -2,765.3 | -26.5% | ||
| Total | 2,287 | 1,801 | -21.3% | ||
Top Suppliers of Leather to Saudi Arabia in 2022:
- Egypt (undefinedK square meters)
- Switzerland (undefinedK square meters)
- Kuwait (undefinedK square meters)
- China (140.8K square meters)
- India (60.5K square meters)
- Germany (28.9K square meters)
- Italy (23.3K square meters)
- Sudan (16.5K square meters)
- Yemen (10.0K square meters)
- United Arab Emirates (4.2K square meters)
This report provides an in-depth analysis of the leather market in Saudi Arabia. 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 15113100 - Leather, of bovine animals, without hair, whole
- Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
- Prodcom 15113300 - Leather, of equine animals, without hair
- Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
- Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
- Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
- Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
- Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
- Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
- Prodcom 15115100 - Leather of other animals, without hair on
- Prodcom 15112100 - Chamois leather and combination chamois leather
- Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
- Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
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This report provides an in-depth analysis of the leather market in Saudi Arabia.
6480
This report provides an in-depth analysis of the global leather market.
1099
This report provides an in-depth analysis of the leather market in Saudi Arabia.
6480
This report provides an in-depth analysis of the global leather market.
817
In value terms, leather and composition leather articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value decreased at an average ann...
863
In value terms, leather and composition leather articles exports amounted to $X in 2016. Overall, it indicated a pronounced expansion from 2007 to 2016: the total exports value decreased at an aver...
7484
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
907
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
2585
Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.
817
In value terms, leather and composition leather articles imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value decreased at an average ann...
863
In value terms, leather and composition leather articles exports amounted to $X in 2016. Overall, it indicated a pronounced expansion from 2007 to 2016: the total exports value decreased at an aver...
7484
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
907
In 2016, approx. X tons of leather were imported worldwide- stabilizing at the previous year level. In general, leather imports continue to indicate a measured shrinkage. The pace of growth appear...
2585
Global leather market volume fluctuated mildly, overall indicating slightly upward trend over the last five years.
