United Kingdom - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in the UK - 2023
Contents:
- Leather Apparel Price in the UK (CIF) - 2023
- Leather Apparel Price in the UK (FOB) - 2022
- Leather Apparel Imports in the UK
- Leather Apparel Exports in the UK
Leather Apparel Price in the UK (CIF) - 2023
The average leather apparel import price stood at $86.8 per unit in November 2023, jumping by 18% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in June 2023 an increase of 34% month-to-month. As a result, import price reached the peak level of $112 per unit. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($313 per unit), while the price for Pakistan ($23.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Leather Apparel Price in the UK (FOB) - 2022
The average leather apparel export price stood at $167 per unit in 2022, increasing by 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2021 an increase of 24%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($277 per unit), while the average price for exports to Poland ($29 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Apparel Imports in the UK
In 2022, the amount of apparel of leather or of composition leather imported into the UK fell slightly to 1.7M units, which is down by -1.7% compared with 2021. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 3%. Over the period under review, imports hit record highs at 2.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, leather apparel imports rose modestly to $126M in 2022. Overall, imports showed a deep contraction. Over the period under review, imports hit record highs at $169M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Leather Apparel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 31.0 | 26.9 | 25.1 | 40.0 | 8.9% |
| Italy | 37.6 | 31.0 | 28.7 | 32.6 | -4.6% |
| Pakistan | 17.9 | 13.9 | 14.2 | 17.8 | -0.2% |
| Turkey | 5.3 | 7.0 | 6.9 | 8.8 | 18.4% |
| France | 27.5 | 17.8 | 16.5 | 5.7 | -40.8% |
| China | 4.6 | 2.8 | 2.8 | 3.9 | -5.4% |
| Germany | 13.7 | 8.9 | 7.7 | 2.7 | -41.8% |
| Vietnam | 1.7 | 1.1 | 0.7 | 2.1 | 7.3% |
| Spain | 6.7 | 4.9 | 3.2 | 1.4 | -40.7% |
| Others | 23.2 | 15.6 | 15.9 | 11.4 | -21.1% |
| Total | 169 | 130 | 122 | 126 | -9.3% |
Top Suppliers of Leather Apparel to the UK in 2022:
- Pakistan (643.1K units)
- India (519.3K units)
- China (138.7K units)
- Italy (86.6K units)
- Turkey (65.1K units)
- France (51.8K units)
- Vietnam (28.3K units)
- Germany (23.7K units)
- Spain (11.5K units)
Leather Apparel Exports in the UK
For the third year in a row, the UK recorded decline in shipments abroad of apparel of leather or of composition leather, which decreased by -30.6% to 326K units in 2022. In general, exports saw a significant decrease. The smallest decline of -23.6% was in 2020. The exports peaked at 902K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, leather apparel exports contracted rapidly to $55M in 2022. Over the period under review, exports faced a deep reduction. The smallest decline of -13.4% was in 2020. The exports peaked at $102M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Leather Apparel in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.4 | 6.6 | 8.6 | 10.2 | 2.8% |
| France | 12.6 | 10.0 | 6.9 | 6.3 | -20.6% |
| Italy | 13.8 | 10.3 | 16.4 | 6.1 | -23.8% |
| Japan | 2.6 | 2.2 | 3.7 | 3.6 | 11.5% |
| Germany | 17.0 | 17.7 | 7.4 | 3.1 | -43.3% |
| Netherlands | 4.6 | 6.0 | 2.5 | 2.8 | -15.3% |
| South Korea | 2.0 | 1.3 | 2.4 | 2.2 | 3.2% |
| Canada | 0.8 | 0.6 | 0.6 | 1.5 | 23.3% |
| United Arab Emirates | 0.2 | 0.1 | 0.1 | 1.3 | 86.6% |
| Australia | 1.3 | 1.5 | 1.6 | 1.3 | 0.0% |
| Ireland | 4.6 | 4.5 | 1.7 | 1.3 | -34.4% |
| China | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
| Poland | 3.2 | 1.6 | 0.8 | 0.6 | -42.8% |
| Others | 29.1 | 24.9 | 20.9 | 13.6 | -22.4% |
| Total | 102 | 87.9 | 74.3 | 54.6 | -18.8% |
Top Export Markets for Leather Apparel from the UK in 2022:
- United States (48.8K units)
- Germany (34.3K units)
- France (25.8K units)
- Italy (22.2K units)
- Poland (20.8K units)
- Netherlands (19.6K units)
- Japan (16.8K units)
- Ireland (16.5K units)
- Canada (14.4K units)
- South Korea (14.1K units)
- Australia (12.1K units)
- United Arab Emirates (9.5K units)
- China (6.4K units)
This report provides an in-depth analysis of the leather apparel market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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