U.S.: Market for Leather Further Prepared After Tanning or Crusting 2024

Market Size for Leather Further Prepared After Tanning or Crusting in the U.S.

The U.S. market for leather further prepared after tanning or crusting totaled $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Leather Further Prepared After Tanning or Crusting in the U.S.

In value terms, production of leather further prepared after tanning or crusting rose to $X in 2022. In general, the total production indicated strong growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Leather Further Prepared After Tanning or Crusting

Exports from the U.S.

In 2022, exports of leather further prepared after tanning or crusting from the United States fell significantly to X square meters, waning by X% on 2021 figures. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of reached the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of leather further prepared after tanning or crusting dropped dramatically to $X in 2022. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X square meters), China (X square meters) and Portugal (X square meters) were the main destinations of exports of leather further prepared after tanning or crusting from the United States, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Portugal ($X), China ($X) and Canada ($X) appeared to be the largest markets for leather further prepared after tanning or crusting exported from the United States worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, with a CAGR of X%, recorded 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.

Export Prices by Country

The average export 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, 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, export price for leather further prepared after tanning or crusting increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per square meter in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per square meter), while the average price for exports to Canada ($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 Portugal (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 the U.S.

In 2022, after four years of decline, there was significant growth in supplies from abroad of leather further prepared after tanning or crusting, when their volume increased by X% to X square meters. In general, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports of reached the maximum at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of leather further prepared after tanning or crusting reached $X in 2022. Overall, imports, however, recorded a abrupt descent. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X square meters), Taiwan (Chinese) (X square meters) and South Korea (X square meters) were the main suppliers of imports of leather further prepared after tanning or crusting to the United States, together comprising X% of total imports. These countries were followed by China, which accounted for a further X%.

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

In value terms, Mexico ($X), South Korea ($X) and China ($X) were the largest leather further prepared after tanning or crusting suppliers to the United States, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for leather further prepared after tanning or crusting stood at $X per square meter in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Taiwan (Chinese) ($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 China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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