Asia: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Asia

The Asian market for chamois, patent and combination leather fell to $X in 2022, which is down by -3.6% against the previous year. In general, consumption recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Chamois, Patent and Combination Leather in Asia

In value terms, chamois, patent and combination leather production reduced to $X in 2022 estimated in export price. Overall, production saw a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of 30% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Chamois, Patent and Combination Leather

Exports in Asia

In 2022, approx. X square meters of chamois, patent and combination leather were exported in Asia; reducing by -13.9% on the year before. Overall, exports saw a pronounced setback. The growth pace was the most rapid in 2014 with an increase of 26%. Over the period under review, the exports attained the maximum at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, chamois, patent and combination leather exports contracted rapidly to $X in 2022. Over the period under review, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 25% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Korea (X square meters) and China (X square meters) represented the major exporters of chamois, patent and combination leather in Asia, together accounting for approx. 64% of total exports. Taiwan (Chinese) (X square meters) took the next position in the ranking, followed by Vietnam (X square meters). All these countries together held approx. 29% share of total exports. The following exporters - Hong Kong SAR (X square meters) and Pakistan (X square meters) - each finished at a 3.9% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2022, with a combined 71% share of total exports. These countries were followed by Vietnam, Hong Kong SAR and Pakistan, which together accounted for a further 20%.

Among the main exporting countries, Vietnam, with a CAGR of +19.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per square meter in 2022, falling by -5.3% against the previous year. Over the period under review, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of 12%. Over the period under review, the export prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while China ($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 Hong Kong SAR (+2.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chamois, Patent and Combination Leather

Imports in Asia

In 2022, the amount of chamois, patent and combination leather imported in Asia fell modestly to X square meters, declining by -4.3% compared with 2021 figures. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 26% against the previous year. The volume of import peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chamois, patent and combination leather imports reduced to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China represented the major importer of chamois, patent and combination leather in Asia, with the volume of imports resulting at X square meters, which was approx. 37% of total imports in 2022. Indonesia (X square meters) took the second position in the ranking, followed by Lao People's Democratic Republic (X square meters), Myanmar (X square meters) and the Philippines (X square meters). All these countries together held near 44% share of total imports. Cambodia (X square meters) and Bangladesh (X square meters) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chamois, patent and combination leather imports into China stood at -13.1%. At the same time, Lao People's Democratic Republic (+92.9%), Myanmar (+33.9%), Cambodia (+19.2%), Bangladesh (+10.8%) and Indonesia (+9.4%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in Asia, with a CAGR of +92.9% from 2012-2022. By contrast, the Philippines (-14.1%) illustrated a downward trend over the same period. Lao People's Democratic Republic (+15 p.p.), Indonesia (+15 p.p.), Myanmar (+5.3 p.p.), Cambodia (+3.3 p.p.) and Bangladesh (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while the Philippines and China saw its share reduced by -6% and -33.8% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported chamois, patent and combination leather in Asia, comprising 53% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 12% share of total imports. It was followed by Lao People's Democratic Republic, with an 8.6% share.

In China, chamois, patent and combination leather imports plunged by an average annual rate of -12.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (+8.5% per year) and Lao People's Democratic Republic (+72.2% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per square meter, shrinking by -3.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per square meter), while Myanmar ($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 the Philippines (+21.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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