In 2023, Italy led the global exports of machinery to prepare, tan, and work hides and leather, holding a significant share with 16.708 million kilograms. China was second but far behind with 4.9132 million kilograms, showing consistent growth of 4.53%. Among other notable exporters, South Korea saw a decline of 3.35%, while Austria displayed remarkable growth, up by 64.21% in 2023. Noteworthy upscales were recorded by Bosnia and Herzegovina with 38.46% and the United Arab Emirates jumping by 41.62%. The sector faced declines in several European countries, including Spain (-6.72%) and Germany (-2.23%).
Looking towards future trends, Europe's market might experience further fluctuations due to economic uncertainties, while emerging markets, including the United Arab Emirates and Bosnia and Herzegovina, may continue their growth trajectory. Technological advances and sustainability measures could drive changes, influencing competitive dynamics globally. The focus should also be on monitoring China's growth since it could alter global export patterns significantly if sustained.
Top countries in Export of Machinery To Prepare, Tan, Work Hides, Skins, Leather by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16,708,000 | 2023 | +0.68% | +1.31% | View data |
| 2 | 2 China | 4,913,200 | 2023 | +2.77% | +4.53% | View data |
| 3 | 3 South Korea | 1,062,800 | 2023 | -0.94% | -3.35% | View data |
| 4 | 4 Brazil | 902,910 | 2023 | +3.52% | +3.66% | View data |
| 5 | 5 Germany | 685,300 | 2023 | +1.47% | -2.23% | View data |
| 6 | 6 Spain | 620,750 | 2023 | -5.7% | -6.72% | View data |
| 7 | 7 France | 149,420 | 2023 | -5.45% | -5.16% | View data |
| 8 | 8 Lebanon | 149,110 | 2023 | +5.94% | +0.033% | View data |
| 9 | 9 Thailand | 119,890 | 2023 | +1.05% | +3.06% | View data |
| 10 | 10 Poland | 103,440 | 2023 | -10.43% | -1.48% | View data |
