U.S. - Leather - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingU.S.: Leather Market 2024
Leather Market Size in the U.S.
The U.S. leather market declined notably to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.
Leather Production in the U.S.
In value terms, leather production declined to $X in 2022. Overall, production showed a slight setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Leather production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.
Leather Exports
Exports from the U.S.
In 2022, after two years of decline, there was significant growth in overseas shipments of leather, when their volume increased by X% to X square meters. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
In value terms, leather exports contracted to $X in 2022. Over the period under review, exports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
China (X square meters), Vietnam (X square meters) and Italy (X square meters) were the main destinations of leather exports from the United States.
From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for leather exported from the United States were Mexico ($X), China ($X) and Vietnam ($X), with a combined X% share of total exports.
Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
In 2021, the average leather export price amounted to $X per square meter, jumping by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2021 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per square meter), while the average price for exports to South Korea ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced a decline.
Leather Imports
Imports into the U.S.
In 2022, approx. X square meters of leather were imported into the United States; with a decrease of X% against 2021 figures. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X square meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.
In value terms, leather imports declined to $X in 2022. Overall, imports showed a slight downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
Italy (X square meters), Brazil (X square meters) and Mexico (X square meters) were the main suppliers of leather imports to the United States, together comprising X% of total imports.
From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest leather suppliers to the United States were Italy ($X), Brazil ($X) and Mexico ($X), together comprising X% of total imports. Argentina, Germany, Spain, China, India and Uruguay lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, Spain, with a CAGR of X%, 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 average leather import price stood at $X per square meter in 2021, leveling off at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Argentina ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the leather market in the U.S.. 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
- Prodcom 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
- Prodcom 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised leather)
- Prodcom 15114230 - Goat or kid skin leather without hair on, tanned or pre-tanned but not further prepared (excluding chamois leather)
- Prodcom 15114250 - Goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather)
- Prodcom 15114330 - Leather of swine without hair on, tanned but not further prepared
- Prodcom 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
- Prodcom 15115100 - Leather of other animals, without hair on
- Prodcom 15112100 - Chamois leather and combination chamois leather
- Prodcom 15112200 - Patent leather, patent laminated leather and metallised leather
- Prodcom 15115200 - Composition leather with a basis of leather or leather fibre, in slabs, sheets or strips
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the leather market in Asia.
This report provides an in-depth analysis of the leather market in China.
This report provides an in-depth analysis of the leather market in the EU.
This report provides an in-depth analysis of the global leather market.