Vietnam - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in Vietnam - 2022
Contents:
- Leather Apparel Price in Vietnam (FOB) - 2022
- Leather Apparel Price in Vietnam (CIF) - 2022
- Leather Apparel Exports in Vietnam
- Leather Apparel Imports in Vietnam
Leather Apparel Price in Vietnam (FOB) - 2022
In 2022, the average leather apparel export price amounted to $120 per unit, falling by -17.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $205 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($120 per unit) and the United States ($120 per unit), while the average price for exports to Italy ($120 per unit) and France ($120 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.6%), while the prices for the other major destinations experienced a decline.
Leather Apparel Price in Vietnam (CIF) - 2022
In 2022, the average leather apparel import price amounted to $118 per unit, rising by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum at $121 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($118 per unit) and Turkey ($118 per unit), while the price for Hong Kong SAR ($118 per unit) and Japan ($118 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Apparel Exports in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of apparel of leather or of composition leather, which increased by 76% to 410K units in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, leather apparel exports skyrocketed to $49M in 2022. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Leather Apparel in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 11.4 | 6.5 | 8.3 | 14.7 | 8.8% |
Germany | 4.0 | 4.5 | 6.6 | 6.0 | 14.5% |
Belgium | 2.0 | 2.2 | 2.3 | 4.2 | 28.1% |
Japan | 2.0 | 3.0 | 3.1 | 4.1 | 27.0% |
United States | 3.6 | 2.2 | 3.8 | 4.0 | 3.6% |
Netherlands | 2.9 | 1.6 | 3.4 | 4.0 | 11.3% |
France | 1.8 | 0.9 | 2.6 | 3.8 | 28.3% |
United Kingdom | 1.1 | 0.6 | 1.1 | 2.8 | 36.5% |
Others | 2.5 | 1.0 | 2.7 | 5.9 | 33.1% |
Total | 31.2 | 22.7 | 33.9 | 49.4 | 16.6% |
Top Export Markets for Leather Apparel from Vietnam in 2022:
- Italy (122.1K units)
- Germany (49.6K units)
- Belgium (34.7K units)
- Japan (34.0K units)
- Netherlands (33.1K units)
- United States (32.9K units)
- France (31.8K units)
- United Kingdom (23.0K units)
Leather Apparel Imports in Vietnam
In 2022, the amount of apparel of leather or of composition leather imported into Vietnam surged to 14K units, with an increase of 40% compared with the previous year's figure. In general, imports, however, saw a noticeable shrinkage. Over the period under review, imports hit record highs at 16K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, leather apparel imports skyrocketed to $1.7M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Leather Apparel in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 308 | 231 | 419 | 566 | 22.5% |
China | 623 | 229 | 269 | 338 | -18.4% |
France | 128 | 100 | 82.1 | 182 | 12.4% |
Japan | 99.1 | 52.0 | 75.9 | 151 | 15.1% |
Hong Kong SAR | 13.5 | 93.3 | 109 | 114 | 103.6% |
India | 129 | 61.7 | 53.0 | 83.7 | -13.4% |
Turkey | 5.5 | 18.1 | 82.7 | 55.7 | 116.4% |
Indonesia | 45.9 | 8.5 | 23.1 | 32.3 | -11.1% |
Ukraine | 62.5 | N/A | 10.4 | N/A | -59.2% |
Others | 163 | 92.1 | 55.0 | 151 | -2.5% |
Total | 1,578 | 886 | 1,179 | 1,672 | 1.9% |
Top Suppliers of Leather Apparel to Vietnam in 2022:
- Italy (4.8K units)
- China (2.9K units)
- France (1.5K units)
- Japan (1.3K units)
- Hong Kong SAR (1.0K units)
- India (0.7K units)
- Turkey (0.5K units)
- Indonesia (0.3K units)
This report provides an in-depth analysis of the leather apparel market 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)
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
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The global trade in leather apparel amounted to X million USD in 2015, fluctuating mildly over the period under review. An X% drop in 2009 was followed by modest recovery over the
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