Eastern Europe: Leather Market 2024

Leather Market Size in Eastern Europe

After seven years of decline, the East European leather market increased by X% to $X in 2022. In general, consumption, however, recorded a deep contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Leather Production in Eastern Europe

In value terms, leather production contracted slightly to $X in 2022 estimated in export price. In general, production saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Leather Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of leather, when their volume decreased by X% to X square meters. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, leather exports declined markedly to $X in 2022. In general, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X square meters), Ukraine (X square meters) and Russia (X square meters) represented roughly X% of total exports in 2022. It was distantly followed by Slovakia (X square meters) and the Czech Republic (X square meters), together comprising a X% share of total exports. Romania (X square meters) and Bulgaria (X square meters) held a relatively small share of total exports.

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

In value terms, Poland ($X) remains the largest leather supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Slovakia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per square meter in 2022, with an increase of X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Romania ($X per square meter), while Ukraine ($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 the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Leather Imports

Imports in Eastern Europe

Leather imports fell markedly to X square meters in 2022, shrinking by X% compared with 2021 figures. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X square meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, leather imports dropped to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of leather imports in 2022 were Poland (X square meters), Romania (X square meters), Ukraine (X square meters), Russia (X square meters), Hungary (X square meters), Slovakia (X square meters) and the Czech Republic (X square meters), together recording X% of total import.

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

In value terms, Romania ($X), Poland ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Slovakia, Ukraine, the Czech Republic and Russia lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per square meter in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per square meter), while Russia ($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 Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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