Kyrgyzstan: Leather Market 2020

Leather Market Size in Kyrgyzstan

The revenue of the leather market in Kyrgyzstan amounted to $X in 2018, reducing by -X% against the previous year. In general, leather consumption continues to indicate a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, the leather market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Leather Production in Kyrgyzstan

In value terms, leather production amounted to $X in 2018 estimated in export prices. Overall, leather production continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2013 when production volume increased by X% y-o-y. In that year, leather production reached its peak level of $X. From 2014 to 2018, leather production growth remained at a lower figure.

Leather Exports

Exports from Kyrgyzstan

In 2018, the amount of leathers exported from Kyrgyzstan totaled X tons, dropping by -X% against the previous year. Over the period under review, leather exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Kyrgyzstan exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, leather exports totaled $X in 2018. Overall, leather exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, leather exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Brazil (X tons) and Italy (X tons) represented roughly X% of total exports of leathers in 2018. The U.S. (X tons) occupied the next position in the ranking, followed by Argentina (X tons) and China, Hong Kong SAR (X tons). All these countries together took approx. X% share of total exports. The following exporters - Thailand (X tons), Taiwan, Chinese (X tons), Germany (X tons), China (X tons), India (X tons), Paraguay (X tons) and the UK (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest leather supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In Italy, leather exports decreased by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and China, Hong Kong SAR (-X% per year).

Export Prices by Country

In 2018, the leather export price in Kyrgyzstan amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the leather export price continues to indicate a deep decline. The growth pace was the most rapid in 2016 when the export price increased by X% year-to-year. Over the period under review, the export prices for leathers attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was India ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Leather Imports

Imports into Kyrgyzstan

In 2018, the amount of leathers imported into Kyrgyzstan stood at X tons, picking up by X% against the previous year. Overall, leather imports, however, continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, leather imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, leather imports stood at $X in 2018. Overall, leather imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, leather imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by Italy (X tons) and Vietnam (X tons) represented the key importers of leathers, together committing X% of total imports. The following importers - Thailand (X tons), China, Hong Kong SAR (X tons), Taiwan, Chinese (X tons), India (X tons), Mexico (X tons), Spain (X tons) and Portugal (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Vietnam, Mexico, India, Thailand, Spain, Portugal, Taiwan, Chinese and Kyrgyzstan lagged somewhat behind, together comprising a further X recorded the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The leather import price in Kyrgyzstan stood at $X per ton in 2018, increasing by X% against the previous year. In general, the import price indicated buoyant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, leather import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Kyrgyzstan import price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per ton), while Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform