Overview of the Global Market for Raw Hides And Skins of Cattle

Market Size for Raw Hides And Skins of Cattle

The global cattle hide and skin market amounted to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Global consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle

In value terms, cattle hide and skin production reached $X in 2023 estimated in export price. Overall, production continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, global production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were China (X tons), the United States (X tons) and Brazil (X tons), with a combined X% share of global production. India, Argentina, Pakistan, Mexico, Australia, Russia, Turkey and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average cattle hide and skin yield stood at X kg per head in 2023, therefore, remained relatively stable against 2022 figures. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The global yield peaked at X kg per head in 2019; however, from 2020 to 2023, the yield stood at a somewhat lower figure.

In 2023, the number of animals slaughtered for cattle hide and skin production worldwide declined modestly to X heads, remaining relatively unchanged against 2022 figures. In general, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2022, and then shrank modestly in the following year.

Exports of Raw Hides And Skins of Cattle

Exports

Global cattle hide and skin exports declined modestly to X tons in 2023, with a decrease of X% on 2022 figures. Overall, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, cattle hide and skin exports fell slightly to $X in 2023. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, the United States (X tons), followed by Argentina (X tons), Germany (X tons), Australia (X tons), Italy (X tons), France (X tons) and Canada (X tons) were the key exporters of raw hides and skins of cattle, together creating X% of total exports. The following exporters - the UK (X tons), Ireland (X tons), Austria (X tons), Poland (X tons), the Netherlands (X tons) and Spain (X tons) - each amounted to an X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the largest cattle hide and skin supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by France ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In the United States, cattle hide and skin exports declined by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2023, stabilizing at the previous year. Overall, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports

In 2023, supplies from abroad of raw hides and skins of cattle increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports reached the peak figure at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, cattle hide and skin imports fell slightly to $X in 2023. In general, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

China was the major importer of raw hides and skins of cattle in the world, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. Italy (X tons) ranks second in terms of the total imports with a X% share, followed by Turkey (X%). South Korea (X tons), Germany (X tons), Nigeria (X tons), Austria (X tons), Thailand (X tons) and Brazil (X tons) took a minor share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2023. At the same time, Nigeria (X%), Brazil (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Italy and Germany experienced a relatively flat trend pattern. By contrast, Austria (X%), Thailand (X%) and South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, Turkey, Nigeria and Brazil increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cattle hide and skin importing markets worldwide were China ($X), Italy ($X) and South Korea ($X), with a combined X% share of global imports. Turkey, Nigeria, Germany, Austria, Thailand and Brazil lagged somewhat behind, together comprising a further X%.

Nigeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average cattle hide and skin import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform