Report Update Apr 1, 2024

Central Asia - Composition Leather - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Composition Leather Market 2024

Composition Leather Market Size in Central Asia

After two years of growth, the Central Asian composition leather market decreased by -5.4% to $X in 2021. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Composition Leather Production in Central Asia

In value terms, composition leather production contracted to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +74.0% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of 43% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

Composition Leather Exports

Exports in Central Asia

In 2017, composition leather exports in Central Asia totaled X square meters, remaining constant against the previous year's figure. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2014. The volume of export peaked in 2017 and is expected to retain growth in the immediate term.

In value terms, composition leather exports stood at $X in 2017. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2014. The level of export peaked in 2017 and is likely to see gradual growth in the immediate term.

Export Prices by Country

The export price in Central Asia stood at $X per square meter in 2017, growing by 28% against the previous year. Over the last four years, it increased at an average annual rate of +27.5%. The pace of growth was the most pronounced in 2014 an increase of 28%. As a result, the export price attained the peak level of $X per square meter; afterwards, it flattened through to 2017.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2013 to 2017, the rate of growth in terms of prices for Uzbekistan amounted to 0.0% per year.

Composition Leather Imports

Imports in Central Asia

In 2021, composition leather imports in Central Asia reduced to X square meters, which is down by -9.4% against 2020 figures. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 461% against the previous year. The volume of import peaked at X square meters in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, composition leather imports declined to $X in 2021. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 279% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Uzbekistan (X square meters) and Kazakhstan (X square meters) represented the largest importers of composition leather in 2021, reaching near 31% and 30% of total imports, respectively. Kyrgyzstan (X square meters) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (15%). The following importers - Mongolia (X square meters) and Turkmenistan (X square meters) - each reached a 3.8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Tajikistan (with a CAGR of +58.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported composition leather in Central Asia, comprising 48% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 19% share of total imports. It was followed by Kyrgyzstan, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at -13.9%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (-6.0% per year) and Kyrgyzstan (-1.5% per year).

Import Prices by Country

The import price in Central Asia stood at $X per square meter in 2021, waning by -1.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 34% against the previous year. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Turkmenistan ($X per square meter), while Uzbekistan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+12.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for composition leather in Central Asia?

Kazakhstan remains the largest composition leather consuming country in Central Asia, accounting for 91% of total volume. Moreover, composition leather consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Uzbekistan, more than tenfold.

What are the largest producers of composition leather in Central Asia?

The country with the largest volume of composition leather production was Kazakhstan, comprising approx. 93% of total volume. Moreover, composition leather production in Kazakhstan exceeded the figures recorded by the second-largest producer, Uzbekistan, more than tenfold.

What are the leading importers of composition leather in Central Asia?

In value terms, Kazakhstan constitutes the largest market for imported composition leather in Central Asia, comprising 48% of total imports. The second position in the ranking was taken by Uzbekistan, with a 19% share of total imports. It was followed by Kyrgyzstan, with a 16% share.

What is the average export price for composition leather in Central Asia?

The export price in Central Asia stood at $2.8 per square meter in 2017, rising by 28% against the previous year.

What is the average import price for composition leather in Central Asia?

The import price in Central Asia stood at $1 per square meter in 2021, shrinking by -1.8% against the previous year.

This report provides an in-depth analysis of the composition leather market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023