Republic of Korea - Sheep, Goat, Swine or Reptile Leather - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Sheep, Goat, Swine or Reptile Leather - Market Analysis, Forecast, Size, Trends and Insights

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Price for Sheep, Goat, Swine or Reptile Leather in South Korea - 2022

Contents:

  1. Price for Sheep, Goat, Swine or Reptile Leather in South Korea (CIF) - 2022
  2. Price for Sheep, Goat, Swine or Reptile Leather in South Korea (FOB) - 2022
  3. Imports of Sheep, Goat, Swine or Reptile Leather in South Korea
  4. Exports of Sheep, Goat, Swine or Reptile Leather in South Korea

Price for Sheep, Goat, Swine or Reptile Leather in South Korea (CIF) - 2022

In December 2022, the average import price for sheep, goat, swine or reptile leather, excluding chamois leather amounted to $24.7 per square meter, increasing by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 23% m-o-m. The import price peaked at $27.8 per square meter in March 2022; however, from April 2022 to December 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($47.1 per square meter), while the price for China ($11.2 per square meter) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sheep, Goat, Swine or Reptile Leather in South Korea (FOB) - 2022

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $17 per square meter in 2022, surging by 37% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sheep, goat, swine or reptile leather, excluding chamois leather increased by +82.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($218 per square meter), while the average price for exports to China ($5.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep, Goat, Swine or Reptile Leather in South Korea

In 2022, after two years of decline, there was significant growth in purchases abroad of sheep, goat, swine or reptile leather, excluding chamois leather, when their volume increased by 5.5% to 3.3M square meters. In general, imports, however, saw a deep downturn. Over the period under review, imports of attained the peak figure at 4.3M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $81M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sheep, Goat, Swine or Reptile Leather in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy21.716.211.713.9-13.8%
Turkey9.77.77.49.1-2.1%
India15.09.56.48.5-17.2%
Indonesia1.61.74.95.853.6%
Pakistan6.14.12.33.6-16.1%
France4.04.71.83.1-8.1%
China2.93.02.92.6-3.6%
Bangladesh1.11.00.81.10.0%
United Arab Emirates0.80.90.71.07.7%
Japan0.50.40.20.4-7.2%
New Zealand0.20.20.20.20.0%
Others9.16.525.631.951.9%
Total72.656.065.081.13.8%

Top Suppliers of Sheep, Goat, Swine or Reptile Leather to South Korea in 2022:

  1. Italy (284.1K square meters)
  2. India (247.9K square meters)
  3. China (240.1K square meters)
  4. Turkey (144.6K square meters)
  5. Pakistan (100.9K square meters)
  6. Indonesia (48.8K square meters)
  7. Bangladesh (42.7K square meters)
  8. United Arab Emirates (28.1K square meters)
  9. France (23.9K square meters)
  10. Japan (23.7K square meters)
  11. New Zealand (22.7K square meters)

Exports of Sheep, Goat, Swine or Reptile Leather in South Korea

Exports of sheep, goat, swine or reptile leather, excluding chamois leather from South Korea declined to 2.3M square meters in 2022, with a decrease of -7.2% against 2021 figures. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked at 3.8M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to $39M in 2022. Overall, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Sheep, Goat, Swine or Reptile Leather in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam13.311.08.14.0-33.0%
Thailand2.41.34.31.9-7.5%
China5.14.22.51.3-36.6%
Indonesia4.61.71.30.9-41.9%
Pakistan0.30.20.20.30.0%
Estonia0.90.70.50.2-39.4%
United States0.50.30.30.2-26.3%
Russia0.80.70.30.2-37.0%
Philippines3.01.50.30.1-67.8%
Others4.11.012.429.593.1%
Total35.022.630.238.53.2%

Top Export Markets for Sheep, Goat, Swine or Reptile Leather from South Korea in 2022:

  1. China (225.3K square meters)
  2. Vietnam (54.9K square meters)
  3. Pakistan (28.0K square meters)
  4. Indonesia (20.6K square meters)
  5. United States (9.8K square meters)
  6. Thailand (8.7K square meters)
  7. Russia (7.0K square meters)
  8. Estonia (6.7K square meters)
  9. Philippines (2.1K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Republic of Korea. 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 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

Country coverage:

  • South Korea

Data coverage:

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