The global import of machinery for leather and skin goods making, excluding sewing, sees the Philippines as the dominant player, with a substantial margin over other countries. The United States and India follow, but with significantly lower shares. Rapid growth is noted in Pakistan and Kyrgyzstan, while markets like Chile and Switzerland show declining trends. Mature markets display modest growth, whereas smaller markets exhibit higher volatility.
Future trends to watch include:
- Potential growth in emerging markets like Pakistan and Kyrgyzstan due to rapid recent increases.
- The Philippines continuing to dominate, but carefully watch for market saturation signs.
- Technological advancements that might shift import patterns and drive demand across regions.
Top countries in Import of Machinery for Leather, Skin Goods Making Except Sewing Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 74.8 | 2023 | +5.76% | +2.61% | View data |
| 2 | 2 United States | 7.46 | 2023 | +4.22% | +4.61% | View data |
| 3 | 3 India | 5.74 | 2023 | +2.76% | +4.88% | View data |
| 4 | 4 Norway | 1.98 | 2023 | +6.4% | +0.8% | View data |
| 5 | 5 Ecuador | 1.79 | 2023 | +6.24% | +3.36% | View data |
| 6 | 6 Chile | 1.48 | 2023 | +2.92% | -22.26% | View data |
| 7 | 7 Pakistan | 1.06 | 2023 | +4.08% | +70.94% | View data |
| 8 | 8 Singapore | 1.03 | 2023 | +5.72% | +1.23% | View data |
| 9 | 9 Mexico | 0.81 | 2023 | -0.49% | -7.11% | View data |
| 10 | 10 Colombia | 0.76 | 2023 | +4.62% | +0.8% | View data |
