Chamois, Patent and Combination Leather Market

The article discusses the declining demand for chamois, patent, and combination leather globally, with projections indicating a negative growth trend over the next eight years. Italy stands out as a key player in both production and export of these leather types. Consumption and production have both decreased, leading to a decrease in market volume and value. The highest volume of consumption in 2022 was reported in Italy, China, and India, while the highest production was observed in Italy, China, and India. Patent leather, patent laminated leather, and metallised leather were the most imported types, while exports were dominated by patent leather, patent laminated leather, and metallised leather as well.

Market Forecast

Depressed by shrinking demand for chamois, patent and combination leather worldwide, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -1.6% for the period from 2022 to 2030, which is projected to depress the market volume to 304M square meters by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of +0.6% for the period from 2022 to 2030, which is projected to bring the market value to $7.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Chamois, Patent and Combination Leather

In 2022, consumption of chamois, patent and combination leather increased by 2.2% to 345M square meters, rising for the second year in a row after six years of decline. Over the period under review, consumption, however, saw a perceptible contraction. As a result, consumption reached the peak volume of 519M square meters. From 2015 to 2022, the growth of the global consumption failed to regain momentum.

The value of the market for chamois, patent and combination leather worldwide declined to $6.9B in 2022, shrinking by -5.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a pronounced curtailment. As a result, consumption attained the peak level of $12.6B. From 2015 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Italy (110M square meters), China (57M square meters) and India (26M square meters), together comprising 56% of global consumption. The United States, Japan, Germany, Indonesia, France, Portugal and Mexico lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +4.0%), while consumption for the other global leaders experienced mixed trends in the consumption figures.

In value terms, Italy ($1.6B) led the market, alone. The second position in the ranking was held by India ($699M). It was followed by China.

In Italy, the chamois, patent and combination leather market contracted by an average annual rate of -4.7% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: India (-4.9% per year) and China (+0.2% per year).

In 2022, the highest levels of chamois, patent and combination leather per capita consumption was registered in Italy (1,852 square meters per 1000 persons), followed by Portugal (534 square meters per 1000 persons), Germany (109 square meters per 1000 persons) and France (94 square meters per 1000 persons), while the world average per capita consumption of chamois, patent and combination leather was estimated at 44 square meters per 1000 persons.

In Italy, chamois, patent and combination leather per capita consumption plunged by an average annual rate of -3.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Portugal (+4.4% per year) and Germany (-2.2% per year).

Production

World Production of Chamois, Patent and Combination Leather

In 2022, production of chamois, patent and combination leather increased by 2.1% to 346M square meters, rising for the second consecutive year after six years of decline. Overall, production, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 with an increase of 26%. As a result, production reached the peak volume of 520M square meters. From 2015 to 2022, global production growth failed to regain momentum.

In value terms, chamois, patent and combination leather production reduced to $6.8B in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $12.4B. From 2015 to 2022, global production growth failed to regain momentum.

Production By Country

Italy (122M square meters) remains the largest chamois, patent and combination leather producing country worldwide, accounting for 35% of total volume. Moreover, chamois, patent and combination leather production in Italy exceeded the figures recorded by the second-largest producer, China (56M square meters), twofold. The third position in this ranking was taken by India (26M square meters), with a 7.4% share.

In Italy, chamois, patent and combination leather production contracted by an average annual rate of -3.3% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: China (+2.1% per year) and India (-4.2% per year).

Imports

World Imports of Chamois, Patent and Combination Leather

For the third year in a row, the global market recorded decline in purchases abroad of chamois, patent and combination leather, which decreased by -0.7% to 23M square meters in 2022. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 with an increase of 19%. As a result, imports reached the peak of 38M square meters. From 2015 to 2022, the growth of global imports remained at a lower figure.

In value terms, chamois, patent and combination leather imports rose to $384M in 2022. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, global imports reached the peak figure at $757M in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports By Country

In 2022, Tunisia (2.8M square meters), followed by Romania (1.7M square meters), China (1.7M square meters), Portugal (1.6M square meters), Morocco (1.5M square meters), Indonesia (1.4M square meters), Albania (1.3M square meters) and Lao People's Democratic Republic (1.3M square meters) represented the major importers of chamois, patent and combination leather, together mixing up 59% of total imports. Mexico (900K square meters), the United States (766K square meters), Chile (524K square meters), Myanmar (469K square meters) and Serbia (467K square meters) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +92.9%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Tunisia ($48M), China ($37M) and Morocco ($29M) appeared to be the countries with the highest levels of imports in 2022, together comprising 29% of global imports. Portugal, Romania, Mexico, Albania, Indonesia, Lao People's Democratic Republic, the United States, Serbia, Myanmar and Chile lagged somewhat behind, together comprising a further 36%.

Among the main importing countries, Lao People's Democratic Republic, with a CAGR of +72.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Patent leather, patent laminated leather and metallised leather was the key type of chamois, patent and combination leather in the world, with the volume of imports reaching 15M square meters, which was approx. 73% of total imports in 2022. It was distantly followed by chamois leather and combination chamois leather (5.7M square meters), committing a 27% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to patent leather, patent laminated leather and metallised leather imports of stood at -6.0%. At the same time, chamois leather and combination chamois leather (+2.0%) displayed positive paces of growth. Moreover, chamois leather and combination chamois leather emerged as the fastest-growing type imported in the world, with a CAGR of +2.0% from 2012-2022. While the share of chamois leather and combination chamois leather (+13 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of patent leather, patent laminated leather and metallised leather (-13 p.p.) displayed negative dynamics.

In value terms, patent leather, patent laminated leather and metallised leather ($246M) constitutes the largest type of chamois, patent and combination leather imported worldwide, comprising 69% of global imports. The second position in the ranking was taken by chamois leather and combination chamois leather ($111M), with a 31% share of global imports.

From 2012 to 2022, the average annual rate of growth in terms of the value of patent leather, patent laminated leather and metallised leather imports totaled -7.4%.

Import Prices By Type

The average import price for chamois, patent and combination leather stood at $17 per square meter in 2022, increasing by 5.7% against the previous year. In general, the import price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, average import prices reached the maximum at $23 per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major imported products. In 2022, the product with the highest price was chamois leather and combination chamois leather ($20 per square meter), while the price for patent leather, patent laminated leather and metallised leather amounted to $16 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by patent leather (-1.4%).

Import Prices By Country

The average import price for chamois, patent and combination leather stood at $17 per square meter in 2022, picking up by 5.7% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Global import price peaked at $23 per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($22 per square meter), while Chile ($3.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+4.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Chamois, Patent and Combination Leather

In 2022, approx. 23M square meters of chamois, patent and combination leather were exported worldwide; dropping by -2% compared with 2021 figures. Overall, exports showed a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, the global exports hit record highs at 39M 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 shrank slightly to $447M in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of 19% against the previous year. As a result, the exports reached the peak of $825M. From 2015 to 2022, the growth of the global exports failed to regain momentum.

Exports By Country

Italy represented the major exporter of chamois, patent and combination leather in the world, with the volume of exports recording 13M square meters, which was near 57% of total exports in 2022. It was distantly followed by South Korea (2.4M square meters), constituting a 10% share of total exports. China (1,021K square meters), Vietnam (1,007K square meters), Spain (891K square meters), Taiwan (Chinese) (888K square meters), Brazil (753K square meters), Tunisia (551K square meters) and the United States (377K square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to chamois, patent and combination leather exports from Italy stood at -1.1%. At the same time, Vietnam (+26.4%), Brazil (+7.2%), China (+4.9%), Spain (+3.9%) and Tunisia (+3.2%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.4% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, South Korea (-8.6%) and the United States (-11.2%) illustrated a downward trend over the same period. While the share of Italy (+8.5 p.p.), Vietnam (+4 p.p.), China (+2.3 p.p.), Brazil (+2 p.p.) and Spain (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-2.4 p.p.) and South Korea (-8.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($276M) remains the largest chamois, patent and combination leather supplier worldwide, comprising 62% of global exports. The second position in the ranking was taken by South Korea ($33M), with a 7.4% share of global exports. It was followed by Spain, with a 4.4% share.

In Italy, chamois, patent and combination leather exports declined by an average annual rate of -3.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-7.9% per year) and Spain (+1.3% per year).

Exports By Type

In 2022, patent leather, patent laminated leather and metallised leather (18M square meters) represented the major type of chamois, patent and combination leather, generating 77% of total exports. It was distantly followed by chamois leather and combination chamois leather (5.4M square meters), mixing up a 23% share of total exports.

Exports of patent leather, patent laminated leather and metallised leather decreased at an average annual rate of -4.2% from 2012 to 2022. Chamois leather and combination chamois leather experienced a relatively flat trend pattern. Chamois leather and combination chamois leather (+6.2 p.p.) significantly strengthened its position in terms of the global exports, while patent leather, patent laminated leather and metallised leather saw its share reduced by -6.2% from 2012 to 2022, respectively.

In value terms, patent leather, patent laminated leather and metallised leather ($327M) remains the largest type of chamois, patent and combination leather supplied worldwide, comprising 74% of global exports. The second position in the ranking was taken by chamois leather and combination chamois leather ($117M), with a 26% share of global exports.

For patent leather, patent laminated leather and metallised leather, exports plunged by an average annual rate of -5.4% over the period from 2012-2022.

Export Prices By Type

The average export price for chamois, patent and combination leather stood at $19 per square meter in 2022, waning by -1.5% against the previous year. Over the period under review, the export price saw a slight shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 4%. The global export price peaked at $22 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exported products. In 2022, the product with the highest price was chamois leather and combination chamois leather ($22 per square meter), while the average price for exports of patent leather, patent laminated leather and metallised leather stood at $19 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by patent leather (-1.2%).

Export Prices By Country

In 2022, the average export price for chamois, patent and combination leather amounted to $19 per square meter, falling by -1.5% against the previous year. Overall, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 4% against the previous year. Over the period under review, the average export prices reached the peak figure at $22 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($22 per square meter), while Taiwan (Chinese) ($11 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+1.7%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform