In 2023, the import value of tanned or retanned goat or kid skin leather to China stood at approximately 26.50 million US dollars. The forecasting data for 2024 to 2028 indicates a steady increase in import values, with a compound annual growth rate (CAGR) over five years reflecting a modest upward trend. Year-on-year variations suggest small incremental gains, projecting a growth path consistent with economic expansion and rising demand in China.
Future trends to watch include:
- Potential shifts in the leather industry driven by sustainability and ethical sourcing concerns.
- Impact of trade policies and international agreements on import dynamics.
- Technological advancements in leather processing that could affect market demand.
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