Machinery: for making or repairing articles of hides, skins or leather, other than sewing machines

In 2024, machinery: for making or repairing articles of hides, skins or leather, other than sewing machines trade exhibited strong growth, with global flows reaching $103,214,194 and a three-year compound annual growth rate of -2.0% (five-year: -6.1%). The all-time peak of $156,255,353 was recorded in 2017; the current level is 34% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.2% acceleration).

The World Trade Flows Characterization classifies machinery: for making or repairing articles of hides, skins or leather, other than sewing machines as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.214). The three largest exporters — China ($32.4M), Italy ($29.1M), and Taiwan ($24.8M) — collectively dominate supply flows. The leading exporter has grown at +17.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.122). The three largest import markets are Indonesia ($30.3M), Vietnam ($15.0M), and India ($6.9M). The largest importing market sources from 21 different supplying countries.

Estimated substitution elasticity: -9.17. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Indonesia at $12.4M, representing 40.8% of the importer's total demand.

The volatility score for machinery: for making or repairing articles of hides, skins or leather, other than sewing machines is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.