Asia: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2024

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Asia

After five years of decline, the Asian market for sheep, goat, swine or reptile leather, excluding chamois leather increased by 324% to $X in 2022. Overall, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in Asia

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 33%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports in Asia

Exports of sheep, goat, swine or reptile leather, excluding chamois leather dropped to X tons in 2022, stabilizing at the year before. In general, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather reached $X in 2022. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X tons), distantly followed by China (X tons), Saudi Arabia (X tons), India (X tons), Taiwan (Chinese) (X tons), the United Arab Emirates (X tons) and Turkey (X tons) represented the main exporters of sheep, goat, swine or reptile leather, excluding chamois leather, together comprising 79% of total exports. The following exporters - Iraq (X tons), Pakistan (X tons), Iran (X tons) and Hong Kong SAR (X tons) - together made up 10% of total exports.

Exports from Thailand increased at an average annual rate of +8.2% from 2012 to 2022. At the same time, Turkey (+8.6%), the United Arab Emirates (+7.1%), China (+2.6%) and Iraq (+1.2%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +8.6% from 2012-2022. By contrast, Pakistan (-6.1%), Taiwan (Chinese) (-6.9%), Iran (-7.6%), India (-8.0%), Saudi Arabia (-8.1%) and Hong Kong SAR (-21.7%) illustrated a downward trend over the same period. While the share of Thailand (+20 p.p.), China (+6.7 p.p.), Turkey (+3.3 p.p.), the United Arab Emirates (+3.2 p.p.) and Iraq (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (-2.5 p.p.), India (-4.1 p.p.), Saudi Arabia (-5.8 p.p.) and Hong Kong SAR (-9.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sheep, goat, swine or reptile leather supplying countries in Asia were India ($X), China ($X) and Turkey ($X), together comprising 44% of total exports. These countries were followed by Pakistan, Thailand, Hong Kong SAR, Saudi Arabia, Taiwan (Chinese), the United Arab Emirates, Iraq and Iran, which together accounted for a further 27%.

Thailand, with a CAGR of +6.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by 11% against the previous year. Over the period under review, the export price, however, showed a pronounced contraction. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Pakistan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports in Asia

In 2022, approx. X tons of sheep, goat, swine or reptile leather, excluding chamois leather were imported in Asia; with a decrease of -5.2% on the previous year's figure. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 23%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather fell to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 8.8%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China represented the largest importer of sheep, goat, swine or reptile leather, excluding chamois leather in Asia, with the volume of imports finishing at X tons, which was near 46% of total imports in 2022. India (X tons) held the second position in the ranking, distantly followed by Cambodia (X tons) and Turkey (X tons). All these countries together took near 37% share of total imports. Vietnam (X tons), South Korea (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sheep, goat, swine or reptile leather imports into China stood at -3.6%. At the same time, Cambodia (+27.7%) and India (+3.2%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in Asia, with a CAGR of +27.7% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, South Korea (-4.4%), Vietnam (-4.4%) and Indonesia (-7.2%) illustrated a downward trend over the same period. While the share of India (+12 p.p.), Cambodia (+8.6 p.p.), China (+7.2 p.p.) and Turkey (+3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sheep, goat, swine or reptile leather importing markets in Asia were China ($X), Vietnam ($X) and South Korea ($X), with a combined 51% share of total imports. These countries were followed by India, Turkey, Cambodia and Indonesia, which together accounted for a further 24%.

Cambodia, with a CAGR of +5.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, falling by -8.1% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 an increase of 12%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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