HS Code:
The reptile leather category (HS Code: 4113.30) encompasses leather derived from reptiles such as snakes, crocodiles, and lizards, which is further prepared after tanning or crusting. This category is distinct for its use in luxury goods, including handbags, shoes, belts, and other high-end fashion items, due to its unique texture and exclusivity. Reptile leather trade is influenced by strict regulations under CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) to prevent overexploitation of endangered species. The market is niche but highly lucrative, often associated with premium pricing and specific consumer demographics in the luxury sector.
Total Trade Volume
Approximately USD 500 million
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
USD 120 million
24% of total trade of total trade
Increasing
USD 100 million
20% of total trade of total trade
Stable
USD 80 million
16% of total trade of total trade
Increasing
USD 60 million
12% of total trade of total trade
Stable
USD 50 million
10% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements or preferential trade schemes such as EU GSP)
Rising demand for sustainable and ethically sourced leather
Increased scrutiny on supply chains has led to higher compliance costs but also opened niche markets for certified sustainable reptile leather products.
2021-2022
Growth in luxury markets in Asia-Pacific
Countries like China and Singapore are driving demand for reptile leather goods, boosting export opportunities for producing nations.
2020-2022
Shift towards synthetic alternatives
Growing consumer preference for cruelty-free and vegan leather substitutes is posing a long-term threat to the reptile leather market.
2019-2022
CITES introduced stricter documentation requirements for crocodile leather trade to combat illegal sourcing and ensure species protection.
March 2023
Increased compliance costs for exporters but enhanced market credibility for certified products.
The European Union imposed a temporary ban on imports of leather from specific snake species due to conservation concerns.
January 2023
Reduced supply in the EU market, driving up prices for alternative reptile leathers.
Thailand launched a program to promote sustainable crocodile farming, aiming to increase export volumes while adhering to international standards.
September 2022
Positioned Thailand as a leader in ethical reptile leather production, potentially increasing market share.