Central Asia: Leather Market 2024

Leather Market Size in Central Asia

For the third year in a row, the Central Asian leather market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Leather Production in Central Asia

In value terms, leather production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Leather Exports

Exports in Central Asia

Leather exports contracted remarkably to X square meters in 2022, dropping by X% against the previous year's figure. In general, exports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, leather exports fell to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X square meters) and Kazakhstan (X square meters) were the major exporters of leather in 2022, accounting for near X% and X% of total exports, respectively. Kyrgyzstan (X square meters) ranks next in terms of the total exports with a X% share, followed by Mongolia (X%) and Tajikistan (X%).

From 2012 to 2022, the biggest increases were recorded for Mongolia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Uzbekistan ($X) remains the largest leather supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Tajikistan, with an X% share.

In Uzbekistan, leather exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per square meter in 2022, rising by X% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a 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 Tajikistan ($X per square meter), while Kyrgyzstan ($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 Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Leather Imports

Imports in Central Asia

In 2022, supplies from abroad of leather increased by X% to X square meters, rising for the second consecutive year after four years of decline. Overall, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, leather imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Kyrgyzstan represented the major importer of leather in Central Asia, with the volume of imports resulting at X square meters, which was near X% of total imports in 2022. Mongolia (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%) and Uzbekistan (X%).

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Kyrgyzstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per square meter in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per square meter), while Uzbekistan ($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 Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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