The forecast for the import of raw whole hides and skins of bovine animals to China shows a gradual decline from 2024 to 2028, decreasing from 32.626 million kilograms in 2024 to 32.339 million kilograms in 2028. This signifies an average annual decrease of approximately 0.22% over this period. For context, the import volume in 2023 was higher, indicating a slight downward trend going forward.
Future trends to watch include:
- Potential shifts in global leather industry demand, particularly in Asia.
- China's domestic policies affecting import and tanning industries.
- Technological advancements in synthetic substitutes for leather, which may influence demand for natural hides and skins.
- Environmental regulations impacting the processing of animal hides.
