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

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

For the eleventh year in a row, the CIS market for leather further prepared after tanning or crusting recorded decline in sales value, which decreased by X% to $X in 2023. Overall, consumption continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 when the market value decreased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Leather Further Prepared After Tanning or Crusting in CIS

In value terms, production of leather further prepared after tanning or crusting stood at $X in 2023 estimated in export price. Overall, production, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Leather Further Prepared After Tanning or Crusting

Exports in CIS

In 2023, the amount of leather further prepared after tanning or crusting exported in the CIS surged to X square meters, growing by X% against 2022 figures. Total exports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X square meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of leather further prepared after tanning or crusting surged to $X in 2023. Over the period under review, exports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Belarus represented the largest exporter of leather further prepared after tanning or crusting in the CIS, with the volume of exports accounting for X square meters, which was near X% of total exports in 2023. It was distantly followed by Russia (X square meters), constituting a X% share of total exports.

Belarus was also the fastest-growing in terms of the leather further prepared after tanning or crusting exports, with a CAGR of X% from 2012 to 2023. Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual growth rate of value in Belarus was relatively modest.

Export Prices by Country

The export price in the CIS stood at $X per square meter in 2023, rising by X% against the previous year. In general, the export price, however, showed a drastic downturn. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per square meter), while Belarus amounted to $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Imports of Leather Further Prepared After Tanning or Crusting

Imports in CIS

In 2023, approx. X square meters of leather further prepared after tanning or crusting were imported in the CIS; surging by X% on 2022 figures. In general, imports, however, showed a mild decrease. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, imports of leather further prepared after tanning or crusting shrank to $X in 2023. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X square meters) represented the major importer of leather further prepared after tanning or crusting, constituting X% of total imports. It was distantly followed by Belarus (X square meters), creating a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of leather further prepared after tanning or crusting. Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia increased by X percentage points.

In value terms, Russia ($X) and Belarus ($X) were the countries with the highest levels of imports in 2023.

Among the main importing countries, Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per square meter, shrinking by X% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belarus ($X per square meter), while Russia amounted to $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Source: IndexBox Platform