Colombia - Leather - Market Analysis, Forecast, Size, Trends and Insights
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Leather Market Size in Colombia
In 2022, the Colombian leather market increased by X% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, showed a slight contraction. Leather consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Leather Production in Colombia
In value terms, leather production fell slightly to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.
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Leather Exports
Exports from Colombia
Leather exports from Colombia shrank dramatically to X square meters in 2022, which is down by X% on the year before. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, leather exports fell markedly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
Exports by Country
Italy (X square meters), China (X square meters) and Guatemala (X square meters) were the main destinations of leather exports from Colombia, together comprising X% of total exports. Taiwan (Chinese), Vietnam, Brazil, Panama, Thailand, Hong Kong SAR and Spain lagged somewhat behind, together comprising a further X%.
From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), China ($X) and Vietnam ($X) were the largest markets for leather exported from Colombia worldwide, with a combined X% share of total exports. Panama, Guatemala, Brazil, Taiwan (Chinese), Hong Kong SAR, Thailand and Spain lagged somewhat behind, together comprising a further X%.
Among the main countries of destination, Panama, with a CAGR of X%, recorded 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 leather export price stood at $X per square meter in 2021, with a decrease of X% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per square meter in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per square meter), while the average price for exports to Taiwan (Chinese) ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced a decline.
Leather Imports
Imports into Colombia
In 2022, the amount of leather imported into Colombia shrank slightly to X square meters, falling by X% on the year before. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, leather imports expanded sharply to $X in 2022. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
Chile (X square meters), Brazil (X square meters) and Italy (X square meters) were the main suppliers of leather imports to Colombia, with a combined X% share of total imports. Turkey, Uruguay, Spain, Ecuador, Argentina, China and the United States lagged somewhat behind, together comprising a further X%.
From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced a decline.
In value terms, Chile ($X) constituted the largest supplier of leather to Colombia, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Italy, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Chile totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Italy (X% per year).
Import Prices by Country
In 2021, the average leather import price amounted to $X per square meter, reducing by X% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked at $X per square meter in 2020, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($X per square meter), while the price for Turkey ($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 Ecuador (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the leather market in Colombia. 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 15113100 - Leather, of bovine animals, without hair, whole
- Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
- Prodcom 15113300 - Leather, of equine animals, without hair
- Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
- Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
- Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
- Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
- Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
- Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
- Prodcom 15115100 - Leather of other animals, without hair on
- Prodcom 15112100 - Chamois leather and combination chamois leather
- Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
- Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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