In 2023, the import value of fresh or wet-salted whole hides and skins of bovine animals to Germany stood at approximately 220 million USD. The forecasted data for 2024-2028 shows a steady increase in import values, growing from 224.07 million USD in 2024 to 239.7 million USD by 2028. This reflects a consistent year-on-year growth rate of around 1.8% to 1.9%, and a compound annual growth rate (CAGR) over the five-year period of approximately 1.73%.
Future trends to watch for include:
- Potential shifts in demand from key industries like automotive and furniture, which heavily utilize leather.
- Impact of sustainability initiatives on processing and sourcing practices, possibly influencing supply chains and costs.
- Trade policies and economic conditions that could affect international trade dynamics and import volumes.