In 2023, the UK's import of machinery for preparing, tanning, and working hides, skins, and leather stood at 113.55 thousand kilograms. The forecasted data indicates a gradual decline over the next few years, with imports expected to fall to 90.19 thousand kilograms by 2028. This represents a consistent year-on-year decrease indicating a decline in demand or shift in sourcing strategies. The average annual decline (CAGR) over these years is expected to be approximately 4.7%, suggesting a steady contraction in this market segment.

Future trends to watch for:

Technological advancements in machinery could alter demand patterns.
Changes in trade agreements or tariffs may impact import volumes.
Sustainability trends might shift supply chain practices in the leather industry.
Potential increased domestic production capabilities affecting import needs.