Australia and Oceania: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Australia and Oceania

In 2022, the cattle hide and skin market in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. The total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Australia and Oceania

In value terms, cattle hide and skin production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The country with the largest volume of cattle hide and skin production was Australia (X tons), comprising approx. X% of total volume. Moreover, cattle hide and skin production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia was relatively modest.

In 2022, the average cattle hide and skin yield in Australia and Oceania fell slightly to X kg per head, approximately reflecting the year before. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the cattle hide and skin yield attained the maximum level at X kg per head in 2018; however, from 2019 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for cattle hide and skin production in Australia and Oceania; with an increase of X% on 2021. In general, the number of producing animals showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2015; however, from 2016 to 2022, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in Australia and Oceania

In 2022, the amount of raw hides and skins of cattle exported in Australia and Oceania expanded to X tons, growing by X% against the previous year's figure. In general, exports, however, saw a noticeable setback. The growth pace was the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports dropped to $X in 2022. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Australia was the largest exporter of raw hides and skins of cattle in Australia and Oceania, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cattle hide and skin exports from Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest cattle hide and skin supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, cattle hide and skin exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Raw Hides And Skins of Cattle

Imports in Australia and Oceania

In 2022, purchases abroad of raw hides and skins of cattle decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports totaled $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) was the largest importer of raw hides and skins of cattle in Australia and Oceania, committing X% of total import.

Australia was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Australia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported raw hides and skins of cattle in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

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