U.S.: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in the U.S.

The U.S. market for chamois leather and combination chamois leather fell to $X in 2022, leveling off at the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.5% against 2016 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Chamois Leather and Combination Chamois Leather in the U.S.

In value terms, production of chamois leather and combination chamois leather dropped to $X in 2022. Over the period under review, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.6% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 104%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Chamois Leather and Combination Chamois Leather

Exports from the U.S.

In 2022, the amount of chamois leather and combination chamois leather exported from the United States surged to X square meters, rising by 275% compared with 2021. Overall, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of chamois leather and combination chamois leather surged to $X in 2022. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X square meters) was the main destination for exports of chamois leather and combination chamois leather from the United States, accounting for a 98% share of total exports. It was followed by Canada (X square meters), with a 1.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at +34.5%.

In value terms, Mexico ($X) remains the key foreign market for chamois leather and combination chamois leather exports from the United States, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico stood at +23.1%.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, shrinking by -34.4% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 2.5%. Over the period under review, the average export prices attained the maximum at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per square meter), while the average price for exports to Mexico amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-5.5%).

Imports of Chamois Leather and Combination Chamois Leather

Imports into the U.S.

For the third year in a row, the United States recorded growth in overseas purchases of chamois leather and combination chamois leather, which increased by 18% to X square meters in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of chamois leather and combination chamois leather totaled $X in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 27%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X square meters), Mexico (X square meters) and Italy (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to the United States, together accounting for 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chamois leather and combination chamois leather suppliers to the United States were Mexico ($X), Turkey ($X) and Italy ($X), with a combined 93% share of total imports.

Mexico, with a CAGR of +14.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for chamois leather and combination chamois leather amounted to $X per square meter, with a decrease of -9.3% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.9%. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Mexico ($X per square meter), while the price for China ($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 Mexico (-7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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