Vietnam - Leather Further Prepared After Tanning or Crusting - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Leather Further Prepared After Tanning or Crusting - Market Analysis, Forecast, Size, Trends And Insights

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Price for Leather Further Prepared After Tanning or Crusting in Vietnam - 2022

Contents:

  1. Price for Leather Further Prepared After Tanning or Crusting in Vietnam (CIF) - 2022
  2. Price for Leather Further Prepared After Tanning or Crusting in Vietnam (FOB) - 2022
  3. Imports of Leather Further Prepared After Tanning or Crusting in Vietnam
  4. Exports of Leather Further Prepared After Tanning or Crusting in Vietnam

Price for Leather Further Prepared After Tanning or Crusting in Vietnam (CIF) - 2022

In 2022, the average import price for leather further prepared after tanning or crusting amounted to $7.6 per square meter, picking up by 7.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $8.7 per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($7.6 per square meter) and Thailand ($7.6 per square meter), while the price for China ($7.6 per square meter) and South Korea ($7.6 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Leather Further Prepared After Tanning or Crusting in Vietnam (FOB) - 2022

In 2022, the average export price for leather further prepared after tanning or crusting amounted to $6.6 per square meter, waning by -12.6% against the previous year. Over the period under review, the export price recorded a slight curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 15%. As a result, the export price reached the peak level of $9.3 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($6.6 per square meter) and Indonesia ($6.6 per square meter), while the average price for exports to Italy ($6.6 per square meter) and Cambodia ($6.6 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leather Further Prepared After Tanning or Crusting in Vietnam

In 2022, imports of leather further prepared after tanning or crusting into Vietnam totaled 5.3M square meters, almost unchanged from the previous year. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 1.6%. Imports peaked at 6.5M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of leather further prepared after tanning or crusting amounted to $41M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Leather Further Prepared After Tanning or Crusting in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.118.724.721.1-4.3%
Taiwan (Chinese)9.47.97.812.18.8%
Thailand1.92.51.82.611.0%
South Korea2.02.22.02.23.2%
PolandN/AN/A0.21.4600.0%
Others1.10.51.21.10.0%
Total38.531.837.840.51.7%

Top Suppliers of Leather Further Prepared After Tanning or Crusting to Vietnam in 2022:

  1. China (2780.1K square meters)
  2. Taiwan (Chinese) (1594.7K square meters)
  3. Thailand (341.4K square meters)
  4. South Korea (289.5K square meters)
  5. Poland (190.3K square meters)

Exports of Leather Further Prepared After Tanning or Crusting in Vietnam

Exports of leather further prepared after tanning or crusting from Vietnam skyrocketed to 430K square meters in 2022, rising by 168% compared with the previous year's figure. In general, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of leather further prepared after tanning or crusting surged to $2.8M in 2022. Over the period under review, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Leather Further Prepared After Tanning or Crusting in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia5962897051,37232.0%
Cambodia3801052351,06440.9%
China69314.6145120-44.3%
Myanmar9.02.2N/A75.9103.5%
Hong Kong SAR48822253.871.0-47.4%
SloveniaN/AN/A35.544.625.6%
Taiwan (Chinese)86.834317.34.8-61.9%
Slovakia13535.8N/A1.1-79.9%
Others15.78.911.865.460.9%
Total2,4021,0211,2032,8195.5%

Top Export Markets for Leather Further Prepared After Tanning or Crusting from Vietnam in 2022:

  1. Indonesia (209.4K square meters)
  2. Cambodia (162.5K square meters)
  3. China (18.4K square meters)
  4. Myanmar (11.6K square meters)
  5. Hong Kong SAR (10.8K square meters)
  6. Slovenia (6.8K square meters)
  7. Taiwan (Chinese) (0.7K square meters)
  8. Slovakia (0.2K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for leather further prepared after tanning or crusting in Vietnam. 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 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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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