The import of raw hides, skins, and leather to the UAE is forecasted to decline from 29.455 million USD in 2024 to 28.994 million USD in 2028. This represents a gradual downward trend over the five-year period. In 2023, the import value stood at 29.567 million USD. The year-on-year variation shows a subtle decrease: -0.4% from 2023 to 2024, -0.4% from 2024 to 2025, and so forth, culminating in a consistent downward trajectory. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -0.4%, indicating a steady but moderate decline.
Future trends to watch for include potential shifts in global leather demand, changes in UAE trade regulations, advancements in synthetic alternatives, and any emerging market disruptions that may impact supply chains. Staying abreast of these factors will be key to anticipating further changes in the imports of raw hides, skins, and leather.
