Southern Asia: Patent Leather Market 2024

Patent Leather Market Size in Southern Asia

The South Asian patent leather market reduced modestly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Patent Leather Production in Southern Asia

In value terms, patent leather production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Patent Leather Exports

Exports in Southern Asia

In 2022, the amount of patent leather, patent laminated leather and metallised leather exported in Southern Asia reduced to X square meters, remaining stable against 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, patent leather exports reduced to $X in 2022. Overall, exports, however, saw temperate growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, reaching X square meters, which was near X% of total exports in 2022. It was distantly followed by Bangladesh (X square meters), mixing up a X% share of total exports.

India was also the fastest-growing in terms of the patent leather, patent laminated leather and metallised leather exports, with a CAGR of X% from 2012 to 2022. Bangladesh (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest patent leather supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per square meter in 2022, declining by X% against the previous year. Export price indicated a perceptible increase 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. Based on 2022 figures, patent leather export price decreased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per square meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per square meter), while Bangladesh amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Patent Leather Imports

Imports in Southern Asia

In 2022, approx. X square meters of patent leather, patent laminated leather and metallised leather were imported in Southern Asia; waning by X% on 2021 figures. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, patent leather imports amounted to $X in 2022. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bangladesh (X square meters) represented the major importer of patent leather, patent laminated leather and metallised leather, mixing up X% of total imports. It was distantly followed by India (X square meters), achieving a X% share of total imports.

Bangladesh was also the fastest-growing in terms of the patent leather, patent laminated leather and metallised leather imports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%) displayed positive paces of growth. From 2012 to 2022, the share of Bangladesh increased by X percentage points.

In value terms, Bangladesh ($X) constitutes the largest market for imported patent leather, patent laminated leather and metallised leather in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Bangladesh totaled X%.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per square meter, surging by X% against the previous year. In general, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Source: IndexBox Platform

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