The import of composition leather to China is forecasted to show a consistent downward trend from 2024 to 2028. Starting at 2.2027 million kilograms in 2024 and declining to 1.2984 million kilograms by 2028, the data reflects a year-on-year decrease, indicating weakening demand or a shift in sourcing strategies. The cumulative average growth rate (CAGR) over this period emphasizes a significant average annual reduction. Comparatively, in 2023, the import volume is crucial for gauging this trajectory; yet, the specifics are omitted for brevity but would inform the decline pace.

Future trends to monitor include:

Changes in China’s domestic leather production capabilities and its impact on import needs.
Potential shifts in consumer preferences towards sustainable or alternative leather options.
Trade policy adjustments, particularly in tariff regimes, affecting leather import economics.
Technological advancements in leather manufacturing and recycling.