Forecast: Import of Tanned or Retanned Bovine Leather and Equine Leather to China

The import of tanned or retanned bovine leather and equine leather to China is projected to rise steadily from 2024 to 2028. Starting at 692.36 million kilograms in 2024, the imports are expected to reach 717.28 million kilograms by 2028, indicating a consistent year-on-year increase of around 1%. Previously, in 2023, imports stood at 685 million kilograms, illustrating a steady growth trajectory. The compound annual growth rate (CAGR) over the forecasted period is estimated to be approximately 1%, showcasing a stable upward trend in the market.

Future trends to watch for include:

• Potential impacts of trade agreements on leather import tariffs.
• Technological advancements in synthetic leather production affecting demand.
• China's domestic policy changes towards sustainable leather sourcing.