ASEAN: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in ASEAN

The ASEAN market for chamois leather and combination chamois leather shrank to $X in 2022, which is down by -2.5% against the previous year. Over the period under review, consumption continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of 4.8%. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Chamois Leather and Combination Chamois Leather in ASEAN

In value terms, production of chamois leather and combination chamois leather shrank to $X in 2022 estimated in export price. Over the period under review, production saw a mild contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 5.5% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Chamois Leather and Combination Chamois Leather

Exports in ASEAN

In 2022, shipments abroad of chamois leather and combination chamois leather increased by 1.7% to X square meters, rising for the fifth year in a row after five years of decline. Overall, exports, however, recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 175%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of chamois leather and combination chamois leather shrank remarkably to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 115%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cambodia was the major exporter of chamois leather and combination chamois leather in ASEAN, with the volume of exports amounting to X square meters, which was approx. 75% of total exports in 2022. Indonesia (X square meters) ranks second in terms of the total exports with an 11% share, followed by the Philippines (6%) and Vietnam (5%). Singapore (X square meters) took a little share of total exports.

Cambodia was also the fastest-growing in terms of the chamois leather and combination chamois leather exports, with a CAGR of +55.3% from 2012 to 2022. At the same time, Vietnam (+3.5%) displayed positive paces of growth. By contrast, Indonesia (-13.4%), the Philippines (-30.0%) and Singapore (-39.7%) illustrated a downward trend over the same period. While the share of Cambodia (+74 p.p.), the Philippines (+6 p.p.) and Vietnam (+3.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (-4.6 p.p.) and Singapore (-79.4 p.p.) displayed negative dynamics.

In value terms, the largest chamois leather and combination chamois leather supplying countries in ASEAN were Cambodia ($X), Indonesia ($X) and the Philippines ($X), together accounting for 97% of total exports.

Among the main exporting countries, Cambodia, with a CAGR of +48.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per square meter, shrinking by -25.5% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 chamois leather and combination chamois leather increased by +36.3% against 2020 indices. The growth pace was the most rapid in 2021 when the export price increased by 83%. As a result, the export price attained the peak level of $X per square meter, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per square meter), while Vietnam ($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 Indonesia (+10.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chamois Leather and Combination Chamois Leather

Imports in ASEAN

After three years of decline, supplies from abroad of chamois leather and combination chamois leather increased by 121% to X square meters in 2022. In general, imports, however, continue to indicate a slight reduction. The pace of growth was the most pronounced in 2018 when imports increased by 359%. As a result, imports reached the peak of X square meters. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chamois leather and combination chamois leather surged to $X in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 99% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines was the main importer of chamois leather and combination chamois leather in ASEAN, with the volume of imports amounting to X square meters, which was near 64% of total imports in 2022. Myanmar (X square meters) took the second position in the ranking, followed by Lao People's Democratic Republic (X square meters), Indonesia (X square meters) and Cambodia (X square meters). All these countries together took approx. 32% share of total imports. Thailand (X square meters) took a relatively small share of total imports.

The Philippines was also the fastest-growing in terms of the chamois leather and combination chamois leather imports, with a CAGR of +25.9% from 2012 to 2022. At the same time, Lao People's Democratic Republic (+23.3%), Indonesia (+9.8%) and Myanmar (+1.1%) displayed positive paces of growth. By contrast, Cambodia (-6.8%) and Thailand (-16.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, Lao People's Democratic Republic, Indonesia and Myanmar increased by +58, +6.3, +4.4 and +2.7 percentage points, respectively.

In value terms, the largest chamois leather and combination chamois leather importing markets in ASEAN were Myanmar ($X), Lao People's Democratic Republic ($X) and Cambodia ($X), together accounting for 64% of total imports.

Among the main importing countries, Lao People's Democratic Republic, with a CAGR of +15.5%, saw the highest growth rate of 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 import price in ASEAN stood at $X per square meter in 2022, shrinking by -32.4% against the previous year. Overall, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 89%. Over the period under review, import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cambodia ($X per square meter), while the Philippines ($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 Cambodia (+1.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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