China: 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 China

The Chinese market for sheep, goat, swine or reptile leather, excluding chamois leather shrank to $X in 2022, reducing by -13.7% against the previous year. Overall, consumption recorded a drastic downturn. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in China

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, saw a strong increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 849% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

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

Exports from China

In 2022, approx. X tons of sheep, goat, swine or reptile leather, excluding chamois leather were exported from China; with an increase of 45% against the year before. Overall, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather soared to $X in 2022. Over the period under review, total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2018 indices. The growth pace was the most rapid in 2021 when exports increased by 30%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from China, accounting for a 45% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to Italy exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. Spain (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+52.4% per year) and Spain (-1.7% per year).

In value terms, the largest markets for sheep, goat, swine or reptile leather exported from China were Italy ($X), Vietnam ($X) and Spain ($X), together accounting for 73% of total exports. Cambodia, South Korea, Mexico, India and Portugal lagged somewhat behind, together comprising a further 11%.

In terms of the main countries of destination, Cambodia, with a CAGR of +63.7%, saw the highest growth rate of 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

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, with a decrease of -13.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into China

In 2022, approx. X tons of sheep, goat, swine or reptile leather, excluding chamois leather were imported into China; shrinking by -9.1% compared with 2021 figures. Over the period under review, imports saw a pronounced descent. The growth pace was the most rapid in 2017 when imports increased by 32%. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather declined to $X in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of sheep, goat, swine or reptile leather to China, accounting for a 46% share of total imports. Moreover, imports of sheep, goat, swine or reptile leather, excluding chamois leather from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. Saudi Arabia (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand amounted to +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-1.6% per year) and Saudi Arabia (-0.1% per year).

In value terms, Thailand ($X) constituted the largest supplier of sheep, goat, swine or reptile leather, excluding chamois leather to China, comprising 25% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by Vietnam, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-19.1% per year) and Vietnam (+3.9% per year).

Import Prices by Country

The average import price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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