The import of raw whole hides and skins of bovine animals to China is forecasted to increase steadily from 2024 to 2028. It starts at $97.711 million in 2024 and rises to $106.85 million by 2028. The average annual growth rate (CAGR) over these five years is approximately 2.24%, indicating consistent growth.
Key percentage changes year-on-year include:
- 2025: Increase by approximately 2.41% from 2024
- 2026: Increase by approximately 2.31% from 2025
- 2027: Increase by approximately 2.20% from 2026
- 2028: Increase by approximately 2.12% from 2027
Future trends to watch include potential impacts from global trade policies, Chinese domestic demand shifts for leather products, and any disruptions in supply chain logistics. Monitoring these factors can help refine import forecasts and strategic planning in the leather industry.
