Africa: Market for Leather Further Prepared After Tanning or Crusting 2024

Market Size for Leather Further Prepared After Tanning or Crusting in Africa

The African market for leather further prepared after tanning or crusting contracted modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a slight downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Leather Further Prepared After Tanning or Crusting in Africa

In value terms, production of leather further prepared after tanning or crusting dropped slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Leather Further Prepared After Tanning or Crusting

Exports in Africa

In 2022, overseas shipments of leather further prepared after tanning or crusting increased by X% to X square meters, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a dramatic slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of leather further prepared after tanning or crusting rose notably to $X in 2022. Overall, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2014 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, Nigeria (X square meters) was the main exporter of leather further prepared after tanning or crusting, constituting X% of total exports. It was distantly followed by Egypt (X square meters), constituting a X% share of total exports. Ethiopia (X square meters) and Morocco (X square meters) followed a long way behind the leaders.

Exports from Nigeria decreased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%) and Ethiopia (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Ethiopia (X p.p.) and Morocco (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Nigeria (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) remains the largest leather further prepared after tanning or crusting supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

In Nigeria, exports of leather further prepared after tanning or crusting shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in Africa stood at $X per square meter in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices reached the maximum at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Morocco ($X per square meter), while Egypt ($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 Nigeria (X%), while the other leaders experienced more modest paces of growth.

Imports of Leather Further Prepared After Tanning or Crusting

Imports in Africa

In 2022, supplies from abroad of leather further prepared after tanning or crusting increased by X% to X square meters for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, recorded a deep slump. The volume of import peaked at X square meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of leather further prepared after tanning or crusting soared to $X in 2022. Overall, imports, however, saw a deep downturn. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Tunisia represented the largest importer of leather further prepared after tanning or crusting in Africa, with the volume of imports resulting at X square meters, which was near X% of total imports in 2022. Morocco (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (X%), South Africa (X%) and Madagascar (X%).

From 2012 to 2022, the biggest increases were recorded for Botswana (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest leather further prepared after tanning or crusting importing markets in Africa were Tunisia ($X), Morocco ($X) and Madagascar ($X), with a combined X% share of total imports. South Africa and Botswana lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Botswana, with a CAGR of X%, recorded the highest rates of growth with regard to 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, dropping by X% against the previous year. Overall, the import price saw a pronounced decrease. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per square meter in 2013; however, from 2014 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 Madagascar ($X per square meter), while Botswana ($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 Madagascar (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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