Southern Asia: Market for Leather Further Prepared After Tanning or Crusting 2024

Market Size for Leather Further Prepared After Tanning or Crusting in Southern Asia

The South Asian market for leather further prepared after tanning or crusting fell to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a drastic downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Leather Further Prepared After Tanning or Crusting in Southern Asia

In value terms, production of leather further prepared after tanning or crusting shrank to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production of attained the peak level 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 Southern Asia

In 2022, overseas shipments of leather further prepared after tanning or crusting increased by X% to X square meters, rising for the third consecutive year after two years of decline. Overall, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of leather further prepared after tanning or crusting declined slightly to $X in 2022. In general, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Bangladesh (X square meters) and Pakistan (X square meters) prevails in crusting structure, together generating X% of total exports. It was distantly followed by India (X square meters), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Pakistan ($X), Bangladesh ($X) and India ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per square meter, dropping by X% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while Bangladesh ($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 Pakistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Leather Further Prepared After Tanning or Crusting

Imports in Southern Asia

Imports of leather further prepared after tanning or crusting contracted to X square meters in 2022, waning by X% on 2021 figures. Overall, imports, however, showed mild growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of leather further prepared after tanning or crusting expanded modestly to $X in 2022. In general, imports, however, continue to indicate temperate growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

India (X square meters) and Bangladesh (X square meters) prevails in crusting structure, together making up X% of total imports. Sri Lanka (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest leather further prepared after tanning or crusting importing markets in Southern Asia were India ($X), Bangladesh ($X) and Sri Lanka ($X), with a combined X% share of total imports.

India, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per square meter), while Bangladesh ($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 India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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