Raw materials


French bulls 37kg and up 2.00 –


1.75 -


2022 2023 2024 2025


with prices unchanged across all categories. Salted hides weighing 26/28kg continued at $0.40 per kg, while 30/32kg hides held firm at $0.50 per kg. Wet blue hides also maintained stability, with TR1/TR2 20/22mm+ priced at $0.42 per ft2 per ft2


. 1.50 – Finland 1.25 –


The Finnish hide market faced pressure and price fluctuations. Cow hide prices dropped to €0.70 per kg,


1.00 – 0


1020304050 Weeks


domestic market remained sluggish, impacted by weak demand and global uncertainties. International markets, particularly in Asia and Europe, experienced limited activity as high inventories and low bids pressured prices. While there are hopes for potential improvements in 2025, the overall market outlook remains cautious.


Chile


The Chilean wet blue leather market remained stable, with TR1 hides priced at $0.80 per ft2


, TR2 at $0.70,


and TR3 at $0.60. Similarly, hides measuring 16mm+ maintained steady pricing, with TR1 at $0.70, TR2 at $0.60, and TR3 at $0.50 per ft2


. China


China’s leather and luxury markets faced mixed trends for the period. The country’s rawhide and wet blue


imports rebounded to end the year, with rawhide imports rising 15.24% month-over-month to 111,977,111kg and wet blue increasing 18.92% to 25,312,136kg. Purchases from the US also surged, particularly in wet blue, which jumped nearly 70%. Despite these gains, overall market volatility persisted. Meanwhile, China’s luxury sector saw an 18-20% decline, returning to 2020 levels due to weak consumer confidence and rising overseas spending, particularly in Japan. PVH’s blacklisting amid US-China tensions added further uncertainty. China’s leather market continued its long-term contraction, with a forecasted -1.9% CAGR through 2035. Imports grew 27% in 2024, but domestic demand remained weak. Despite this, exports surged 41%, highlighting shifting market dynamics. The outlook for 2025 remains cautious, with potential recovery driven by economic stimulus.


Colombia The Colombian leather market remained steady, 24


down from €0.80 per kg at the end of last year. In contrast, bull hides weighing 34kg and above remained stable at €1.00 per kg during this period.


France


Veal skins, particularly those for luxury leather goods, saw price increases, with 13+ kg luxury skins priced at €6.00-€6.60 per kg and smaller 8-12kg skins at €4.50-€4.80 per kg. French cow prices were slightly weaker, with larger cow hides from Bretagne trading at €0.90-€0.95 per kg, while those from Central France rose to €0.90-€0.95 per kg. Bull prices increased, with Central French bulls weighing 37kg and up reaching €1.25-€1.30 per kg. Despite reduced slaughter rates and price pressures on certain grades, demand for high- quality leather helped maintain stability in the French market.


Germany


In northern Germany, cow prices for 25+ kg hides ranged from €0.58- €0.60 per kg, while larger cows from southern Germany (40+ kg) were priced at €0.88- €0.90 per kg. Bull prices in southern Germany increased, with 40-49kg hides selling for €1.20- €1.25 per kg and 50+ kg hides reaching €1.30-€1.35 per kg. Heifer prices remained stable, with northern German heifers over 25kg at €0.80 per kg and southern German heifers weighing 40+ kg at €1.00 per kg. Despite limited new orders and market tensions, prices were generally stable, with minor fluctuations based on size and region.


Greece


The Greek lamb and sheep skin market remained stable in January and February, with no price changes across


categories. Pickled lamb skins in the 70/20/10 grade were priced at $110-125 per dozen, while C2 lamb skins continued to trade between $35-45 per dozen.


India


Crust buffalo hides remained stable, with the 1.4-1.6mm grade at $0.60


Leather International / www.leathermag.com


and TR3 at $0.34


Price (€)


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