Canada: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Canada

The Canadian market for chamois leather and combination chamois leather reduced to $X in 2022, declining by -5.8% against the previous year. In general, consumption continues to indicate a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Chamois Leather and Combination Chamois Leather in Canada

In value terms, production of chamois leather and combination chamois leather fell to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Canada

After two years of decline, shipments abroad of chamois leather and combination chamois leather increased by 17% to X square meters in 2022. Overall, exports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of 244%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chamois leather and combination chamois leather surged to $X in 2022. In general, exports, however, saw a significant decline. The most prominent rate of growth was recorded in 2019 with an increase of 135%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cambodia (X square meters), Mexico (X square meters) and Hong Kong SAR (X square meters) were the main destinations of exports of chamois leather and combination chamois leather from Canada, together accounting for 90% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of -14.9%), while shipments for the other leaders experienced a decline.

In value terms, Mexico ($X) remains the key foreign market for chamois leather and combination chamois leather exports from Canada, comprising 53% of total exports. The second position in the ranking was taken by Cambodia ($X), with a 23% share of total exports. It was followed by Hong Kong SAR, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled -32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-21.9% per year) and Hong Kong SAR (-17.6% per year).

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, rising by 11% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 50%. The export price peaked at $X per square meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per square meter), while the average price for exports to Cambodia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Canada

After two years of growth, supplies from abroad of chamois leather and combination chamois leather decreased by -17.4% to X square meters in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of chamois leather and combination chamois leather fell notably to $X in 2022. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), Italy (X square meters) and the United States (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to Canada, together accounting for 93% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +25.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest chamois leather and combination chamois leather suppliers to Canada were China ($X), Italy ($X) and the United States ($X), together accounting for 93% of total imports.

The United States, with a CAGR of +22.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for chamois leather and combination chamois leather stood at $X per square meter in 2022, with a decrease of -8% against the previous year. Overall, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per square meter) and Brazil ($X per square meter), while the price for China ($X per square meter) and Italy ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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