Based on 2024 forecasted data of 6.5333 million kilograms, the following year-on-year variations are observed: 2025 (-2.53%), 2026 (-2.55%), 2027 (-2.56%), 2028 (-2.57%). The Compound Annual Growth Rate (CAGR) over this five-year period is -2.75%.
Future Trends to Watch For
Future trends to watch for include shifts in global demand for leather goods, changes in trade policies, and technological advancements in leather production, which may alter the forecasted decline in exports. Environmental regulations and sustainability concerns are also potential factors influencing market dynamics in the coming years.
