The revenue of American leather grows. LHCA (Leather and Hide Council of America) stated that the export of raw hides for the tanning industry in 2021 grew by 28% on yearly basis in volume and by +67% in value. In the same period, wet blue recorded a +53% on both fronts.
Raw material performances
US leather is living an upward trend. According to LHCA the country exported 30.3 million raw bovine hides in 2021, up 28% on the 23.7 million of 2020. Foreign revenue, meanwhile, reached 959.5 million USD, or +67% on the 574.8 million of 2020. China (+34%) remained the top client, while Italy lost ground, importing 94.795 raw hides (-39%) during the period. In terms of value, purchases made by Italian companies grew 3%, from 3.56 to 3.67 million.
Semi-finished
Semi-finished products also had a positive year. US-based tanneries exported over 4.4 million pieces of wet blue (+53%), generating 451.2 million in sales. In this case as well, China dominates the scene (131.2 million USD, +68%), while Italy purchased 1.3 million pieces (+63%) for a value of 130.5 million USD (+47%).
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