In 2023, the re-import of sheep or lamb skin leather to Italy stood at approximately 7.43 million US dollars. The forecast from 2024 to 2028 indicates a steady decline, with the value decreasing from 7.24 million in 2024 to 6.51 million by 2028. Year-on-year percentage changes reflect this downward trend, suggesting an annual contraction in the market. The five-year Compound Annual Growth Rate (CAGR) suggests an average annual decline, reinforcing the trend of decreasing re-import values.
Future trends to watch for include shifts in global demand for sheep or lamb skin leather, potential impacts of trade policies on imports, and advancements in synthetic alternatives that could further reduce the necessity for natural leather imports.
