In 2018, the amount of imported raw materials in China decreased by 25%

In 2018, China's leather and footwear industry achieved sales revenue of US$166.7 billion, a year-on-year increase of 4.1%. Tannery companies contributed US$18.7 billion and produced 500 million square meters of finished leather throughout the year. The output value and output increased by 5.5% and decreased by more than 20%.

In 2018, the amount of raw leather imported by Chinese tannery companies was US$1.6 billion, a year-on-year decrease of 25.5%. The volume of imports fell by 10.5%.

In 2018, the overall export revenue of China's leather industry was basically flat, slightly less than US$80 billion.