The import quantity of leather and composition leather belts and bandoliers to China is forecasted to decrease gradually from 2024 to 2028, starting at 529.85 thousand kilograms in 2024, and dropping to 511.99 thousand kilograms by 2028. Compared to the known value from 2023, this trend indicates a negative compound annual growth rate (CAGR) over the five-year period, reflecting a consistent decline year-on-year.
Future trends to watch for include:
- Potential shifts in consumer preferences away from leather products due to sustainability concerns.
- Economic factors that may influence import volumes, such as trade policies and tariffs.
- Technological advancements in alternative materials that may impact leather demand.
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