Italy leads as the top exporter of raw hides, skins and leather, with a value of $4.31 billion in 2023, marking a slight increase in its export market share. The United States follows with $2.74 billion, showcasing steady growth. Brazil, Hong Kong, and Germany register consistent export values, while India's $0.91 billion shows promising growth. Australia, France, and Spain present stable trends, while Argentina, at $0.72 billion, reflects a competitive edge. Over the last two years, the market has experienced moderate year-on-year growth across these countries, with a 5-year CAGR revealing mild-to-moderate annual increases.
Future trends to watch include:
- Increasing demand for sustainable and ethically sourced leather.
- Impact of technological advancements in production and processing.
- Shifts in trade policies and tariffs affecting export dynamics.
- Emerging markets potentially reshaping global export shares.
Top countries in Top Exporters of Raw Hides and Skins and Leather
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Italy | 4,310 | 2016 | |
| 2 | 2 United States | 2,740 | 2016 | |
| 3 | 3 Brazil | 2,030 | 2016 | |
| 4 | 4 Hong Kong | 1,600 | 2016 | |
| 5 | 5 Germany | 1,040 | 2016 | |
| 6 | 6 India | 908.75 | 2016 | |
| 7 | 7 Australia | 749.72 | 2016 | |
| 8 | 8 France | 730.58 | 2016 | |
| 9 | 9 Spain | 724.6 | 2016 | |
| 10 | 10 Argentina | 715.2 | 2016 |
