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

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

The Spanish market for leather further prepared after tanning or crusting shrank modestly to $X in 2022, remaining constant against the previous year. In general, consumption faced a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Leather Further Prepared After Tanning or Crusting in Spain

In value terms, production of leather further prepared after tanning or crusting reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Leather Further Prepared After Tanning or Crusting

Exports from Spain

In 2022, shipments abroad of leather further prepared after tanning or crusting was finally on the rise to reach X square meters after eight years of decline. Overall, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X square meters. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of leather further prepared after tanning or crusting rose notably to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Portugal (X square meters) was the main destination for exports of leather further prepared after tanning or crusting from Spain, with a X% share of total exports. Moreover, exports of leather further prepared after tanning or crusting to Portugal exceeded the volume sent to the second major destination, Morocco (X square meters), sevenfold. The third position in this ranking was taken by Romania (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Romania (X% per year).

In value terms, Portugal ($X) remains the key foreign market for leather further prepared after tanning or crusting exports from Spain, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with an X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Romania (X% per year).

Export Prices by Country

The average export price for leather further prepared after tanning or crusting stood at $X per square meter in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a slight descent. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per square meter), while the average price for exports to Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leather Further Prepared After Tanning or Crusting

Imports into Spain

In 2022, overseas purchases of leather further prepared after tanning or crusting were finally on the rise to reach X square meters for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of leather further prepared after tanning or crusting shrank to $X in 2022. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Cambodia (X square meters), Thailand (X square meters) and Germany (X square meters) were the main suppliers of imports of leather further prepared after tanning or crusting to Spain, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cambodia (with a CAGR of X.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), Thailand ($X) and Germany ($X) appeared to be the largest leather further prepared after tanning or crusting suppliers to Spain, together accounting for X% of total imports.

Among the main suppliers, Cambodia, with a CAGR of X.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for leather further prepared after tanning or crusting stood at $X per square meter in 2022, falling by X% against the previous year. Overall, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for China ($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 Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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