Panama - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Panama - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights

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Price for Cattle Hide and Skin in Panama - 2023

Contents:

  1. Price for Cattle Hide and Skin in Panama (FOB) - 2022
  2. Price for Cattle Hide and Skin in Panama (CIF) - 2022
  3. Exports of Cattle Hide and Skin in Panama
  4. Imports of Cattle Hide and Skin in Panama

Price for Cattle Hide and Skin in Panama (FOB) - 2022

In 2022, the average cattle hide and skin export price amounted to $1,165 per ton, falling by -21.5% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2013 an increase of 93% against the previous year. As a result, the export price attained the peak level of $2,785 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($1,429 per ton), while the average price for exports to Cambodia ($570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+40.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cattle Hide and Skin in Panama (CIF) - 2022

The average cattle hide and skin import price stood at $3,968 per ton in 2022, rising by 54% against the previous year. In general, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 201%. The import price peaked at $12,150 per ton in 2015; however, from 2016 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 Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +47.7% per year.

Exports of Cattle Hide and Skin in Panama

In 2022, after two years of decline, there was decline in overseas shipments of raw hides and skins of cattle, when their volume decreased by -2.9% to 841 tons. In general, exports, however, saw a significant increase.

In value terms, cattle hide and skin exports fell significantly to $980K in 2022. Overall, exports, however, posted a significant expansion.

Export of Cattle Hide and Skin in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/A6546580.6%
UgandaN/AN/AN/A1400%
Guatemala2.8N/A80.0108237.9%
NigeriaN/AN/AN/A34.70%
CambodiaN/AN/A34827.7-92.0%
India21.6N/AN/AN/A0%
BrazilN/AN/A107N/A0%
Others37.7N/A95.411.8-32.1%
Total62.0N/A1,284980151.0%

Top Export Markets for Cattle Hide and Skin from Panama in 2022:

  1. Vietnam (460.3 tons)
  2. Uganda (221.5 tons)
  3. Guatemala (77.1 tons)
  4. Cambodia (48.6 tons)
  5. Nigeria (24.8 tons)

Imports of Cattle Hide and Skin in Panama

Cattle hide and skin imports into Panama fell rapidly to 31 kg in 2022, declining by -93.8% on the year before. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -15.7% was in 2021.

In value terms, cattle hide and skin imports dropped remarkably to $123 in 2022. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -7.3% was in 2021.

Import of Cattle Hide and Skin in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1301,267655123-1.8%
Costa Rica143N/AN/AN/A0%
Brazil73.0115626N/A192.8%
Others1,145N/AN/AN/A0%
Total1,4911,3821,281123-56.5%

Top Suppliers of Cattle Hide and Skin to Panama in 2022:

  1. Colombia (31.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cattle hide and skin in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 919 - Cattle hides, fresh
  • FCL 957 - Buffalo hides, fresh
  • FCL 1102 - Horse hides, fresh

Country coverage:

  • Panama

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Panama
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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In value terms, fresh raw hides and skins imports amounted to $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value decreased at an average annual rate of -X>

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In value terms, raw hides and skins of bovine exports stood at $X in 2016. In general, raw hides and skins of bovine exports continue to indicate a relatively flat trend pattern. Global raw hides a...

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In value terms, fresh raw hides and skins exports totaled $X in 2016. Overall, it indicated a modest growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% o...

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From 2007 to 2016, the global bovine hide market grew steadily to X tons in 2016. In value terms, the market stood at $X. After a noticable decline of market value in 2009, there was a recovery and a period of further growth, peaking at $X

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Global bovine hide and skin exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.

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Free Data: Raw Hides And Skins Of Cattle - Panama