Overview of the Market for Bovine And Equine Leather in Italy
In value terms, bovine and equine leather production stood at $ in 2018 estimated in export prices. In general, production showed a mild downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by % year-to-year. Bovine and equine leather production peaked at $ in 2007; however, from 2008 to 2018, production remained at a lower figure.
The value of the bovine and equine leather market in Italy soared to $ in 2018, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level at $ in 2014; however, from 2015 to 2018, consumption remained at a lower figure.