Asia-Pacific: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Asia-Pacific

The Asia-Pacific market for chamois leather and combination chamois leather reduced slightly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by 7.8%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Chamois Leather and Combination Chamois Leather in Asia-Pacific

In value terms, production of chamois leather and combination chamois leather declined to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.3% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports in Asia-Pacific

In 2022, overseas shipments of chamois leather and combination chamois leather increased by 25% to X square meters, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a noticeable decline. Over the period under review, the exports of attained the peak figure at X square meters in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chamois leather and combination chamois leather declined to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China represented the largest exporting country with an export of around X square meters, which amounted to 56% of total exports. Pakistan (X square meters) held the second position in the ranking, followed by Cambodia (X square meters) and India (X square meters). All these countries together held approx. 32% share of total exports. South Korea (X square meters), Nepal (X square meters) and Indonesia (X square meters) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +5.3% from 2012 to 2022. At the same time, Cambodia (+55.3%) and Nepal (+19.2%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +55.3% from 2012-2022. By contrast, India (-1.3%), Pakistan (-6.0%), South Korea (-11.6%) and Indonesia (-13.4%) illustrated a downward trend over the same period. China (+34 p.p.), Cambodia (+10 p.p.), Nepal (+2 p.p.) and India (+2 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia, Pakistan and South Korea saw its share reduced by -2.8%, -3.4% and -5.3% from 2012 to 2022, respectively.

In value terms, the largest chamois leather and combination chamois leather supplying countries in Asia-Pacific were China ($X), Pakistan ($X) and Cambodia ($X), together comprising 68% of total exports.

In terms of the main exporting countries, Cambodia, with a CAGR of +48.3%, recorded the highest rates of growth with regard to 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

In 2022, the export price in Asia-Pacific amounted to $X per square meter, falling by -30.1% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2016 when the export price increased by 18% against the previous year. Over the period under review, the export prices reached the maximum 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 Indonesia ($X per square meter), while Nepal ($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 Indonesia (+10.8%), while the other leaders experienced a decline in the export price figures.

Imports of Chamois Leather and Combination Chamois Leather

Imports in Asia-Pacific

In 2022, supplies from abroad of chamois leather and combination chamois leather increased by 60% to X square meters for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a deep downturn. Over the period under review, imports of attained the maximum at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of chamois leather and combination chamois leather dropped to $X in 2022. Overall, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 8.3%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters) and the Philippines (X square meters) represented roughly 64% of total imports in 2022. Nepal (X square meters) took the next position in the ranking, followed by Myanmar (X square meters). All these countries together held near 17% share of total imports. Lao People's Democratic Republic (X square meters), Indonesia (X square meters) and Cambodia (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +25.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported chamois leather and combination chamois leather in Asia-Pacific, comprising 70% of total imports. The second position in the ranking was held by Myanmar ($X), with a 3.8% share of total imports. It was followed by Lao People's Democratic Republic, with a 3.5% share.

In China, imports of chamois leather and combination chamois leather declined by an average annual rate of -11.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Myanmar (-12.3% per year) and Lao People's Democratic Republic (+15.5% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per square meter, shrinking by -45.6% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the import price increased by 26%. As a result, import price attained the peak level of $X per square meter. From 2017 to 2022, the import prices failed to regain momentum.

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 China ($X per square meter), while the Philippines ($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 Cambodia (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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