China: Chinese Demand for Imported Hides Beginning to Weaken
China is by far the largest importer of hides and skins in the world, supplying the massive leather production industry. However, imports over the past five years have been largely stagnant, and recently have even begun declining. According to key local industry contacts, a combination of both internal and external factors has contributed to this reduced demand and has increased the cost of producing leather domestically. Despite this decline, China remains a huge and important market for U.S. hides.
China: Chinese Demand for Imported Hides Beginning to Weaken