India leads the global import of tanned or retanned sheep or lamb skin leather, holding 46.4% of the share by kilograms. In 2023, India's imports grew by 2.27%, while Italy and China, ranking second and third, saw declines of 5.06% and 7.53% respectively. Other key players like France showed a modest increase of 0.64%. Impressive growth was observed in Slovenia, with a massive year-on-year rise of 318.72%, albeit from a small base. Greece and Hungary also posted significant gains at 11.95% and 15.6%, respectively. On the other hand, the South Korean market shrank drastically by 32.21%.
Future trends to watch for:
- Continued leadership by India in import volumes, signaling its increasing consumption needs.
- Potential recovery or further decline in key markets like Italy and China, impacting global share dynamics.
- Emerging growth opportunities in smaller markets, prompting diversification in supply sources.
- Possible shifts influenced by environmental policies and changing trade relations affecting supply chains and market demands.
Top countries in Import of Tanned or Retanned Sheep or Lamb Skin Leather Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 46.4 | 2023 | +2.18% | +2.27% | View data |
| 2 | 2 Italy | 21.01 | 2023 | -5.23% | -5.06% | View data |
| 3 | 3 China | 19.1 | 2023 | -5.45% | -7.53% | View data |
| 4 | 4 France | 8.96 | 2023 | +5.13% | +0.64% | View data |
| 5 | 5 United Arab Emirates | 3.78 | 2023 | +2.4% | -2.47% | View data |
| 6 | 6 Indonesia | 1.87 | 2023 | +1.1% | +0.83% | View data |
| 7 | 7 Greece | 0.68 | 2023 | +3.67% | +11.95% | View data |
| 8 | 8 Serbia | 0.52 | 2023 | +4.3% | +3.36% | View data |
| 9 | 9 Bulgaria | 0.35 | 2023 | +5.03% | +3.8% | View data |
| 10 | 10 Poland | 0.3 | 2023 | +0.08% | +2.4% | View data |
