Vietnam - Leather Of Bovine And Equine Animals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bovine and Equine Leather in Vietnam - 2021
Contents:
- Price for Bovine and Equine Leather in Vietnam (CIF) - 2021
- Price for Bovine and Equine Leather in Vietnam (FOB) - 2021
- Imports of Bovine and Equine Leather in Vietnam
- Exports of Bovine and Equine Leather in Vietnam
Price for Bovine and Equine Leather in Vietnam (CIF) - 2021
In December 2021, the average bovine and equine leather import price amounted to $6,953 per ton, rising by 12% against the previous month. In general, the import price, however, continues to indicate a slight decline. The import price peaked at $8,107 per ton in December 2020; however, from January 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($20,543 per ton), while the price for Uruguay ($1,815 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Colombia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bovine and Equine Leather in Vietnam (FOB) - 2021
The average bovine and equine leather export price stood at $21,853 per ton in December 2021, stabilizing at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 when the average export price increased by 17% against the previous month. The export price peaked at $22,672 per ton in June 2021; however, from July 2021 to December 2021, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In December 2021, the countries with the highest prices were China ($22,571 per ton) and Thailand ($22,225 per ton), while the average price for exports to Bangladesh ($21,078 per ton) and Cambodia ($21,103 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bovine and Equine Leather in Vietnam
In 2022, the amount of leather of bovine and equine animals imported into Vietnam fell remarkably to 170K tons, shrinking by -32.6% against 2021 figures. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports attained the peak of 252K tons, and then reduced remarkably in the following year.
In value terms, bovine and equine leather imports declined notably to $840M in 2022. In general, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $1.2B, and then shrank dramatically in the following year.
| Import of Bovine and Equine Leather in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 189 | 203 | 323 | 220 | 5.2% |
| Italy | 135 | 114 | 165 | 113 | -5.8% |
| Thailand | 128 | 116 | 127 | 97.4 | -8.7% |
| United States | 79.9 | 54.2 | 108 | 77.2 | -1.1% |
| South Korea | 81.4 | 48.5 | 59.0 | 48.4 | -15.9% |
| Brazil | 49.3 | 45.0 | 78.6 | 43.1 | -4.4% |
| Taiwan (Chinese) | 59.6 | 45.6 | 54.2 | 41.7 | -11.2% |
| Hong Kong SAR | 41.7 | 35.7 | 39.7 | 25.2 | -15.5% |
| Argentina | 17.7 | 12.2 | 12.3 | 10.9 | -14.9% |
| Australia | 4.0 | 4.1 | 9.5 | 8.5 | 28.6% |
| Mexico | 15.3 | 10.9 | 9.8 | 4.4 | -34.0% |
| Uruguay | 8.5 | 5.6 | 5.4 | 4.1 | -21.6% |
| South Africa | 10.0 | 4.7 | 5.4 | 2.9 | -33.8% |
| Others | 93.9 | 77.5 | 208 | 143 | 15.1% |
| Total | 914 | 777 | 1,204 | 840 | -2.8% |
Top Suppliers of Bovine and Equine Leather to Vietnam in 2022:
- United States (41.7K tons)
- Italy (21.5K tons)
- Brazil (19.5K tons)
- China (16.5K tons)
- Thailand (10.4K tons)
- Australia (5.2K tons)
- Argentina (4.8K tons)
- Mexico (4.4K tons)
- Taiwan (Chinese) (4.3K tons)
- South Africa (4.2K tons)
- South Korea (3.7K tons)
- Uruguay (3.2K tons)
- Hong Kong SAR (1.8K tons)
Exports of Bovine and Equine Leather in Vietnam
In 2022, the amount of leather of bovine and equine animals exported from Vietnam declined to 62K tons, waning by -8.4% compared with the year before. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year.
In value terms, bovine and equine leather exports dropped sharply to $174M in 2022. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 25%.
| Export of Bovine and Equine Leather in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 78.0 | 46.5 | 62.8 | 40.6 | -19.6% |
| China | 70.9 | 38.4 | 41.5 | 26.6 | -27.9% |
| Bangladesh | 21.1 | 22.4 | 36.3 | 23.7 | 3.9% |
| Hong Kong SAR | 53.7 | 31.2 | 30.1 | 23.2 | -24.4% |
| Cambodia | 42.7 | 28.3 | 34.3 | 21.7 | -20.2% |
| India | 15.1 | 10.1 | 13.7 | 11.4 | -8.9% |
| Others | 46.3 | 24.7 | 34.0 | 26.3 | -17.2% |
| Total | 328 | 202 | 253 | 174 | -19.0% |
Top Export Markets for Bovine and Equine Leather from Vietnam in 2022:
- China (41.8K tons)
- Indonesia (6.6K tons)
- Cambodia (3.0K tons)
- Hong Kong SAR (2.6K tons)
- Bangladesh (2.4K tons)
- India (1.5K tons)
This report provides an in-depth analysis of the market for bovine and equine leather in Vietnam. 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 15113100 - Leather, of bovine animals, without hair, whole
- Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
- Prodcom 15113300 - Leather, of equine animals, without hair
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
348
This report provides an in-depth analysis of the market for bovine and equine leather in Vietnam.
1072
This report provides an in-depth analysis of the global market for bovine and equine leather.
348
This report provides an in-depth analysis of the market for bovine and equine leather in Vietnam.
1072
This report provides an in-depth analysis of the global market for bovine and equine leather.
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