The re-import of finishing agents and dye carriers used in the leather industry to Italy experienced a significant decline from 2017 to 2021, decreasing from $238.31 to $27.4, which is a dramatic reduction. The year-on-year decrease averaged around -42% over this period. The CAGR for 2017-2021 was approximately -36%, indicating a substantial downward trajectory. As of 2023, the values remained low, reflective of continuing challenges in the market.
Future trends to watch include potential shifts in environmental regulations, changes in consumer demand for leather products, and technological advancements in leather finishing that could impact import dynamics. Monitoring these factors can provide insights into potential recovery or further decline.
