The global import of machinery for leather and skin goods making, except sewing, showed varied trends in 2023. The Philippines led with an import value of 93.69 thousand, followed by a modest import from the United States and India. Noteworthy growth was seen in Pakistan and Kyrgyzstan, indicating a robust demand in these markets. In contrast, Chile and Peru experienced significant declines. Switzerland also saw a decrease, while Singapore and Norway maintained relatively stable imports.
Future trends suggest an increasing demand in emerging markets due to rising production capacity and investments in the leather industry. However, economic fluctuations and trade policies could impact these forecasts. Watch for technological advancements and sustainable practices driving demand in developed countries.
Top countries in Import of Machinery for Leather, Skin Goods Making Except Sewing by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 93,690 | 2023 | +5.76% | +2.61% | View data |
| 2 | 2 United States | 9,340 | 2023 | +4.22% | +4.61% | View data |
| 3 | 3 India | 7,180 | 2023 | +2.76% | +4.88% | View data |
| 4 | 4 Norway | 2,480 | 2023 | +6.4% | +0.8% | View data |
| 5 | 5 Ecuador | 2,250 | 2023 | +6.24% | +3.36% | View data |
| 6 | 6 Chile | 1,850 | 2023 | +2.92% | -22.26% | View data |
| 7 | 7 Pakistan | 1,330 | 2023 | +4.08% | +70.94% | View data |
| 8 | 8 Singapore | 1,290 | 2023 | +5.72% | +1.23% | View data |
| 9 | 9 Mexico | 1,010 | 2023 | -0.49% | -7.11% | View data |
| 10 | 10 Colombia | 952 | 2023 | +4.62% | +0.8% | View data |