The import value of tanned or retanned sheep or lamb skin leather to China is forecasted to decline from $10.214 million in 2024 to $4.7639 million by 2028. This indicates a consistent downward trend with annual declines of 13.74% from 2024 to 2025, 15.62% from 2025 to 2026, 18.15% from 2026 to 2027, and 21.70% from 2027 to 2028. Over the 5-year span, the compound annual growth rate (CAGR) is projected to be negative, reflecting a diminishing demand or possible shifts in market dynamics.

Future trends to watch for:

Potential trade policy changes affecting import tariffs or subsidies.
Shifts in fashion and consumer preferences towards alternative materials.
Economic factors that might influence purchasing power or supply chain logistics.

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