Asia-Pacific: 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-Pacific

In 2022, the Asia-Pacific market for sheep, goat, swine or reptile leather, excluding chamois leather was finally on the rise to reach $X after five years of decline. Over the period under review, consumption enjoyed a buoyant expansion. 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-Pacific

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2016 when the production volume increased by 34%. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Asia-Pacific

In 2022, exports of sheep, goat, swine or reptile leather, excluding chamois leather in Asia-Pacific contracted slightly to X tons, falling by -2.9% on the previous year's figure. Over the period under review, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 5.2%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather expanded markedly to $X in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand was the main exporter of sheep, goat, swine or reptile leather, excluding chamois leather in Asia-Pacific, with the volume of exports amounting to X tons, which was near 40% of total exports in 2022. China (X tons) ranks second in terms of the total exports with a 19% share, followed by India (12%) and Taiwan (Chinese) (12%). Pakistan (X tons), Hong Kong SAR (X tons) and Cambodia (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +8.2% from 2012 to 2022. At the same time, Cambodia (+59.8%) and China (+2.6%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +59.8% from 2012-2022. By contrast, Pakistan (-6.1%), Taiwan (Chinese) (-6.9%), India (-8.0%) and Hong Kong SAR (-21.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, China and Cambodia increased by +28, +9.1 and +2 percentage points, respectively. 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-Pacific were India ($X), China ($X) and Pakistan ($X), together accounting for 48% of total exports. Thailand, Hong Kong SAR, Taiwan (Chinese) and Cambodia lagged somewhat behind, together comprising a further 19%.

In terms of the main exporting countries, Cambodia, with a CAGR of +61.3%, saw the highest rates of growth with regard to the value of exports, 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-Pacific amounted to $X per ton, rising by 11% against the previous year. In general, the export price, however, showed a abrupt decline. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Thailand ($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 mixed trends in the export price figures.

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

Imports in Asia-Pacific

In 2022, the amount of sheep, goat, swine or reptile leather, excluding chamois leather imported in Asia-Pacific shrank to X tons, reducing by -8.1% on 2021. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 23%. Over the period under review, imports of reached the maximum 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 reduced notably to $X in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China was the largest importer of sheep, goat, swine or reptile leather, excluding chamois leather in Asia-Pacific, with the volume of imports accounting for X tons, which was near 50% of total imports in 2022. India (X tons) held the second position in the ranking, distantly followed by Cambodia (X tons) and Vietnam (X tons). All these countries together held approx. 38% share of total imports. The following importers - South Korea (X tons) and Indonesia (X tons) - each accounted for a 3.6% share of total imports.

Imports into China decreased at an average annual rate of -3.6% from 2012 to 2022. 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-Pacific, with a CAGR of +27.7% from 2012-2022. By contrast, South Korea (-4.4%), Vietnam (-4.4%) and Indonesia (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Cambodia and China increased by +14, +9.4 and +9.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Vietnam ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 55% of total imports. These countries were followed by India, Cambodia and Indonesia, which together accounted for a further 19%.

Cambodia, with a CAGR of +5.4%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Asia-Pacific stood at $X per ton in 2022, dropping by -7.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 13%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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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