What is the price of leather per kilogram/pound in Vietnam today?
The retail price range for Vietnam leather is between US$ 7.65 and US$ 19.13 per kilogram or between US$ 3.47 and US$ 8.68 per pound(lb). Click here to see today's exact prices of leather in Vietnam
The retail price range in Dong for leather is between VND 191,340.00 and VND 478,350.00 per kilogram or between VND 86,775.51 and VND 216,938.78 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam leather is between US$ 5.36 and US$ 13.39 per kilogram or between US$ 2.43 and US$ 6.07 per pound(lb).
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Vietnam Leather Export Prices - Historical, Trends and Prediction
The export price per kilogram of Leather from Vietnam over the last five years has been quite volatile. In 2013, the price was 24.25 US dollars per kg, which dropped to 21.84 US dollars per kg in 2014. The price then increased to 23.22 US dollars per kg in 2015, before dropping again to 22.45 US dollars per kg in 2016. In 2017, the price rose to 24.46 US dollars per kg, and then increased further to 27.58 US dollars per kg in 2018. The price then dropped to 25.68 US dollars per kg in 2019, before decreasing again to 23.76 US dollars per kg in 2020. Based on this data, it is predicted that the export price per kilogram of Leather from Vietnam in 2023 will be around 25.00 US dollars per kg, and in 2024 it will be around 26.00 US dollars per kg.Vietnam Leather Import Prices - Historical, Trends and Prediction
The import price per kilogram of leather into Vietnam over the last five years has been quite stable. In 2016, the price was 22.45 US dollars per kg, followed by 24.46 US dollars per kg in 2017. In 2018, the price increased to 27.58 US dollars per kg, before dropping to 25.68 US dollars per kg in 2019. The price then decreased further to 23.76 US dollars per kg in 2020. Based on this trend, it is likely that the import price per kilogram of leather into Vietnam will remain relatively stable in the next few years. We can predict that the import price per kilogram of leather into Vietnam in 2023 will be around 24.00 US dollars per kg, and in 2024 it will be around 25.00 US dollars per kg.Export values for Vietnam leather
The total values in export for leather in Vietnam were US$ 324,620, US$ 333,657, US$ 363,977 and US$ 407,766 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of leather in other countries across Asia: Kazakhstan leather, Kyrgyzstan leather, Tajikistan leather, Turkmenistan leather, Uzbekistan leather, China leather, Hong Kong leather, Macao leather, North Korea leather & Mongolia leather.
Vietnam leather - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 15,880 tonnes of leather. In 2019 alone, the demand for Vietnam leather (processed category) has increased, flactuating by 20.33 % compared to the year 2018. Between 2017 and 2019, leather's exports went up by 16.42 pc earning the country US$407.77m for the year 2019. Vietnam's leather exports are categorised as:
- Bovine leather, dehaired, mineral or synthetic pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410422)
- Bovine and equine leather, dehaired, prepared after tanning, incl. parchment-dressed (excluding leather of whole bovine hides, with a surface area of <= 2,6 mý, full grains and full grain splits, chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410439)
- Leather "incl. parchment-dressed leather" of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410799)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of reptiles,, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411330)
- Full grains and full grain splits of bovine and equine animals, dehaired, prepared after tanning (HS code 410431)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410791)
- Leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410410)
- Chamois leather, incl. combination chamois leather (excluding glacé-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 411410)
- Leather further prepared after tanning or crusting incl. parchment-dressed leather", of sheep or lambs, without wool on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather)" (HS code 411200)
- Parings and other waste of leather, parchment-dressed leather or composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411000)
- Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411520)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of antelopes, deer, elks, elephants and other animals, incl. sea animals, without wool or hair on, and leather of hairless animals, whether or not split (excluding leather of bovine and equine animals, sheep and lambs, goats or kids, swine and reptiles, and chamois leather, patent leather, patent laminated leather and metallised leather) (HS code 411390)
- Bovine and equine leather, dehaired, tanned or pretanned only, whether or not split (excluding leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, and bovine leather, pre-tanned only) (HS code 410429)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411510)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410711)
- Patent leather and patent laminated leather; metallised leather (excluding lacquered or metallised reconstituted leather) (HS code 411420)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of pigs, without hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411320)
- Patent leather and patent laminated leather; metallized leather (excluding lacquered or metallized reconstituted leather) (HS code 410900)
- Leather of swine, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410710)
- Bovine leather, dehaired, vegetable pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410421)
- Full grains leather, unsplit and grain splits leather, in the dry state "crust", of hides and skins of bovine "incl. buffalo" or equine animals, without hair on (excluding further prepared) (HS code 410441)
- Chamois leather, incl. combination chamois leather (excluding glac‚-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 410800)
- Leather "incl. parchment-dressed leather" of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410719)
- Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410712)
- Leather of reptiles, vegetable pre-tanned only (HS code 410721)
- Grain splits leather "incl. parchment-dressed leather", of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410792)
- Leather of antelopes, deer, elks, elephants and other animals, incl. sea animals, dehaired, and leather of hairless animals (excluding bovine and equine animals, sheep and lambs, goats and kids, pigs and reptiles, chamois leather, patent leather and patent laminated leather and metallized leather) (HS code 410790)
- Leather of reptiles (excluding vegetable pre-tanned only, plus chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410729)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of goats or kids, without wool or hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411310)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411100)
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Vietnam leather export values
In 2019, Vietnam exported leather valued at 407.77m USD, a growth of 12.03% from 2018's total leather export of 363.977m USD. The yearly growth in value of Vietnam leather between 2017 to 2018 was 9.087%.
The annual variation in the amount of Vietnam's leather exports between 2017 and 2019 was 16.42 percent in comparison to a variation of 20.33% in the period between 2018 and 2019.
Vietnam's stake of the world's total leather's exports in 2019 was less than 1%. The country holds number 28 in world exports of leather.
Export markets for Vietnam leather ( in '000$ )
Import/Export Trends
Vietnam is a net importer of leather. The annual growth of Vietnam leather in value between 2015 to 2019 was 22%, per year, while annual growth in quantity through the same period was -10%, per annum.
Vietnam procured 52,901 tonnes of leather in 2019.