In 2023, the UK's import of goat or kid skin leather was at a certain baseline level, with forecasts indicating a gradual increase from 127.29 thousand kilograms in 2024 to 127.57 thousand kilograms in 2028. The year-on-year growth from 2024 to 2028 remains steady but minimal, suggesting a stable demand within this period. Analyzing the compound annual growth rate (CAGR) over this five-year forecast period provides a cohesive understanding of the trends, signaling slow but consistent growth.
Future trends to watch for include:
- Changes in global supply chain dynamics, potentially affecting import volumes.
- Shifts in leather usage, particularly in sustainable fashion movements or alternative materials.
- Economic factors impacting the purchasing power and demand for leather products in the UK market.