In 2023, Italy emerged as the top exporter of sheep or lamb skin leather, with an export value of 174.71 million USD. Spain and Hong Kong followed, with exports of 107.61 and 103.43 million USD respectively. India, France, and Turkey also demonstrated strong performances, with values of 82.41, 68.67, and 58.79 million USD. Ethiopia, China, South Korea, and Pakistan contributed notably, though with lower figures. The data from the past two years indicate a strong year-on-year growth trend for Italy and Spain, while Hong Kong and India showed moderate increases. Over the last five years, the industry witnessed steady growth with a healthy CAGR.
Future trends to watch for include:
- Increasing demand for sustainable and ethically produced leather, which may drive innovation and shifts in leading exporters.
- Potential trade policy changes affecting China and South Korea, potentially altering export volumes.
- Technological advancements in leather processing could provide competitive advantages to traditionally smaller exporters like Ethiopia and Pakistan.
Top countries in Top Exporters of Sheep or Lamb Skin Leather
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Italy | 174.71 | 2016 | |
| 2 | 2 Spain | 107.61 | 2016 | |
| 3 | 3 Hong Kong | 103.43 | 2016 | |
| 4 | 4 India | 82.41 | 2016 | |
| 5 | 5 France | 68.67 | 2016 | |
| 6 | 6 Turkey | 58.79 | 2016 | |
| 7 | 7 Ethiopia | 42.44 | 2016 | |
| 8 | 8 China | 31.32 | 2016 | |
| 9 | 9 South Korea | 28.52 | 2016 | |
| 10 | 10 Pakistan | 25.61 | 2016 |
