MERCOSUR: Market for Leather Further Prepared After Tanning or Crusting 2024

Market Size for Leather Further Prepared After Tanning or Crusting in MERCOSUR

The MERCOSUR market for leather further prepared after tanning or crusting rose rapidly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Leather Further Prepared After Tanning or Crusting in MERCOSUR

In value terms, production of leather further prepared after tanning or crusting reached $X in 2023 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Leather Further Prepared After Tanning or Crusting

Exports in MERCOSUR

After two years of decline, overseas shipments of leather further prepared after tanning or crusting increased by X% to X square meters in 2023. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports of reached the peak figure at X square meters in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, exports of leather further prepared after tanning or crusting soared to $X in 2023. Over the period under review, exports, however, faced a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Brazil (X square meters) and Peru (X square meters) prevails in crusting structure, together constituting X% of total exports. Argentina (X square meters) held a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Peru ($X) remains the largest leather further prepared after tanning or crusting supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Peru totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2023, dropping by X% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Peru ($X per square meter), while Brazil ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Imports of Leather Further Prepared After Tanning or Crusting

Imports in MERCOSUR

In 2023, the amount of leather further prepared after tanning or crusting imported in MERCOSUR contracted slightly to X square meters, with a decrease of X% compared with 2022. In general, imports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, imports of leather further prepared after tanning or crusting shrank to $X in 2023. Overall, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of leather further prepared after tanning or crusting, namely Chile, Colombia and Venezuela, represented more than two-thirds of total import. It was distantly followed by Argentina (X square meters), Peru (X square meters), Uruguay (X square meters) and Brazil (X square meters), together mixing up a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Venezuela (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Chile ($X), Venezuela ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Among the main importing countries, Venezuela, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per square meter, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per square meter), while Uruguay ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform