Forecast: Re-Import of Composition Leather with a Basis of Leather or Leather Fibre to China

The forecast for the re-import of composition leather with a basis of leather or leather fibre to China shows a declining trend from 2024 to 2028. In 2023, imports stood at 189.0 thousand US dollars. The year-on-year variation indicates significant decreases, with roughly 13.3% reduction expected from 2024 to 2025, and continued decline at a similar rate, leading to a value of 80.47 thousand US dollars by 2028. The five-year compound annual growth rate (CAGR) reflects an average annual decrease of approximately 15%.

Future trends to watch for include:

  • Sustainability focus, potentially affecting leather demand.
  • Technological advances in synthetic alternatives.
  • Economic policy changes influencing trade dynamics.

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