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2025 Q3 Paraguay Processed Leather (HS4104) Export Snapshot: Surge & Rebound

Paraguay's Processed Leather exports (HS Code 4104) surged 62% in September 2025, rebounding from a 50% drop in August. Track key trends on yTrade.

Q3 Trend: Paraguay Processed Leather Export

Processed Leather, classified under HS Code 4104 (Bovine (including buffalo) or equine leather, further prepared after tanning or crusting, including parchment-dressed leather, without hair on, whether or not split, other than leather of heading 41.14.), saw mixed Q3 performance. Exports rebounded sharply in July (+235% MoM by volume) after a June slump, but August volumes dropped 43% MoM. Prices fell 12% MoM in August to $0.75/kg, though September brought a 6% price recovery. The EU's revised import rules for South American goods, effective September, may have influenced late-quarter trade flows.

Table: Paraguay Processed Leather Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-013.36M USD3.59M kg$0.94/kgN/AN/AN/A
2025-02-013.18M USD3.32M kg$0.96/kg-5.32%-7.59%+2.46%
2025-03-013.08M USD3.27M kg$0.94/kg-3.04%-1.36%-1.70%
2025-04-013.18M USD3.17M kg$1.00/kg+3.07%-3.25%+6.53%
2025-05-012.80M USD2.90M kg$0.97/kg-11.81%-8.35%-3.78%
2025-06-011.24M USD1.11M kg$1.11/kg-55.73%-61.64%+15.40%
2025-07-013.20M USD3.73M kg$0.86/kg+157.53%+235.27%-23.19%
2025-08-011.60M USD2.12M kg$0.75/kg-49.95%-43.16%-11.93%
2025-09-012.59M USD3.24M kg$0.80/kg+62.15%+52.90%+6.05%

Get Paraguay Processed Leather Historical Export Data

Geographic Concentration & Market Logic

Italy dominates Paraguay's processed leather exports, accounting for 56.5% of value but only 53.8% of weight—a slight premium gap indicating demand for higher-grade leather. China and Brazil follow as bulk hubs (value share < weight share), suggesting raw material processing roles. Thailand stands out with a 5.8x value-to-weight premium, signaling niche high-end demand. The structure reveals a supply chain skewed toward cost-efficient bulk trade, with Italy as the premium anchor. Strategic focus should prioritize Italy’s specifications while optimizing bulk flows to secondary markets.

Table: Paraguay Processed Leather (HS Code 4104) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
ITALY4.17M4.90M123.004.90M
CHINA MAINLAND780.11K1.14M34.001.14M
BRAZIL734.13K937.48K34.00937.48K
THAILAND424.73K66.36K3.0066.36K
VIETNAM334.98K719.28K8.00719.28K
ARGENTINA************************

Get Complete Paraguay Processed Leather Destination Countries Profile

Paraguay HS Code 4104 Breakdown & Value Logic

yTrade data reveals HS 41041114 dominates Paraguay's processed leather exports (76.8% frequency, 77.48% weight), comprising wet-blue bovine hides—unsplit, full-grain—indicating a bulk-driven market where volume trumps unit price. The remaining sub-codes (e.g., 41041940, 41044130) collectively account for minor shares, suggesting Paraguay’s HS Code 4104 Export strategy prioritizes raw, mid-tier hides over premium dried or specialty splits. This aligns with a low-cost, high-volume trade model, typical for emerging leather producers.

Table: Paraguay (HS Code 4104) Breakdown Details (Source: yTrade)

HS CodeProduct DescriptionValueFrequencyQuantityWeight
410411**Tanned or crust hides and skins; without hair on, bovine or equine, in the wet state (including wet-blue), full grains, unsplit; grain splits5.81M192.007.05M7.05M
410419**Tanned or crust hides and skins; bovine or equine, without hair on, in the wet state (including wet-blue), excluding full grains, unsplit; grain splits534.52K21.001.18M1.18M
410441**Tanned or crust hides and skins; bovine or equine, without hair on, in the dry state (crust), full grains, unsplit; grain splits521.65K6.0077.35K77.35K
4104******************************************

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Paraguay Processed Leather Buyers List

Table: Paraguay Processed Leather (HS Code 4104) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
POLETTO S.R.L2.11M2.60M37.002.60M
CONCERIA PASUBIO SPA816.80K985.55K42.00985.55K
SADESA COMERCIAL OFFSHORE DE MACAU LTDA609.83K687.98K11.00687.98K
EVEREST SRL************************

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Frequently Asked Questions

How did Paraguay Processed Leather Export perform in Q3?

Exports surged 62% month-on-month in September, rebounding from a 50% drop in August.

What are the top Export partners for Paraguay Processed Leather?

Italy ($4.17M), China ($780K), and Brazil ($734K) dominated imports.

Who are the major Processed Leather Buyers?

Italian firms Poletto S.R.L ($2.11M) and Conceria Pasubio SPA ($817K) led purchases.

What is the specific HS Code for this trade?

The data covers HS Code 4104, with significant activity in tanned/crust bovine hides in wet state (HS 410411**, $5.81M).

Detailed Monthly Report

Paraguay HS4104 Export Snapshot 2025 SEP

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