Africa: Leather Market 2024

Leather Market Size in Africa

The African leather market reduced to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Leather Production in Africa

In value terms, leather production dropped to $X in 2022 estimated in export price. Overall, production recorded a mild setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Leather Exports

Exports in Africa

In 2022, approx. X square meters of leather were exported in Africa; with a decrease of X% on 2021. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, leather exports reached $X in 2022. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X square meters) was the major exporter of leather, creating X% of total exports. Kenya (X square meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Algeria (X%), Nigeria (X%) and Uganda (X%). Egypt (X square meters), Morocco (X square meters), Ethiopia (X square meters) and Malawi (X square meters) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to leather exports from South Africa stood at X%. At the same time, Malawi (X%), Algeria (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Ethiopia (X%), Kenya (X%), Uganda (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Algeria (X p.p.), Morocco (X p.p.), Malawi (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Uganda (X p.p.), Kenya (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather supplying countries in Africa were South Africa ($X), Nigeria ($X) and Egypt ($X), with a combined X% share of total exports. Morocco, Algeria, Ethiopia, Kenya, Uganda and Malawi lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Malawi, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per square meter in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a pronounced slump. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per square meter), while Malawi ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced mixed trends in the export price figures.

Leather Imports

Imports in Africa

In 2022, overseas purchases of leather decreased by X% to X square meters, falling for the third consecutive year after three years of growth. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X square meters. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, leather imports rose rapidly to $X in 2022. Over the period under review, imports saw a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of leather, namely Tunisia, Nigeria, Morocco and South Africa, represented more than half of total import. It was distantly followed by Madagascar (X square meters), mixing up a X% share of total imports. Namibia (X square meters), Ethiopia (X square meters), Lesotho (X square meters), Democratic Republic of the Congo (X square meters), Ghana (X square meters), Swaziland (X square meters) and Angola (X square meters) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest leather importing markets in Africa were Tunisia ($X), Morocco ($X) and South Africa ($X), with a combined X% share of total imports. Lesotho, Nigeria, Madagascar, Ethiopia, Swaziland, Democratic Republic of the Congo, Namibia, Ghana and Angola lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per square meter, increasing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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