MERCOSUR: Market for Leather Further Prepared After Tanning or Crusting 2024

Market Size for Leather Further Prepared After Tanning or Crusting in MERCOSUR

The MERCOSUR market for leather further prepared after tanning or crusting shrank to $X in 2022, declining by X% against the previous year. Over the period under review, consumption saw a abrupt descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Leather Further Prepared After Tanning or Crusting in MERCOSUR

In value terms, production of leather further prepared after tanning or crusting declined to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Leather Further Prepared After Tanning or Crusting

Exports in MERCOSUR

In 2022, exports of leather further prepared after tanning or crusting in MERCOSUR declined sharply to X square meters, waning by X% compared with the year before. In general, exports faced a precipitous decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X square meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of leather further prepared after tanning or crusting declined significantly to $X in 2022. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Peru prevails in crusting structure, reaching X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Argentina (X square meters), creating a X% share of total exports. Brazil (X square meters) took a relatively small share of total exports.

Peru was also the fastest-growing in terms of the leather further prepared after tanning or crusting exports, with a CAGR of X% from 2012 to 2022. Argentina (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Peru ($X) remains the largest leather further prepared after tanning or crusting supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Peru totaled X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per square meter), while Argentina ($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 Argentina (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Leather Further Prepared After Tanning or Crusting

Imports in MERCOSUR

Imports of leather further prepared after tanning or crusting reduced to X square meters in 2022, with a decrease of X% against the year before. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of leather further prepared after tanning or crusting reduced to $X in 2022. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile (X square meters), Colombia (X square meters), Argentina (X square meters) and Brazil (X square meters) represented roughly X% of total imports in 2022. It was distantly followed by Peru (X square meters), creating a X% share of total imports. The following importers - Uruguay (X square meters) and Venezuela (X square meters) - each resulted at an X% share of total imports.

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

In value terms, Chile ($X), Colombia ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Brazil, Peru, Venezuela and Uruguay lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per square meter, standing approx. at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per square meter in 2017; however, from 2018 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 Venezuela ($X per square meter), while Argentina ($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 Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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