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

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

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Price for Cattle Hide and Skin in Portugal - 2023

Contents:

  1. Price for Cattle Hide and Skin in Portugal (CIF) - 2023
  2. Price for Cattle Hide and Skin in Portugal (FOB) - 2023
  3. Imports of Cattle Hide and Skin in Portugal
  4. Exports of Cattle Hide and Skin in Portugal

Price for Cattle Hide and Skin in Portugal (CIF) - 2023

In July 2023, the average cattle hide and skin import price amounted to $1,580 per ton, which is down by -10.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 21% against the previous month. The import price peaked at $1,879 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($1,722 per ton), while the price for the Dominican Republic ($667 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cattle Hide and Skin in Portugal (FOB) - 2023

In July 2023, the average cattle hide and skin export price amounted to $630 per ton, growing by 8.2% against the previous month. In general, export price indicated perceptible growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, cattle hide and skin export price increased by +10.3% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 22% against the previous month. Over the period under review, the average export prices hit record highs at $647 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was Germany ($835 per ton), while the average price for exports to Spain ($615 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cattle Hide and Skin in Portugal

In 2022, after three years of growth, there was decline in supplies from abroad of raw hides and skins of cattle, when their volume decreased by -1.9% to 20K tons. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.2% against the previous year. As a result, imports attained the peak of 20K tons, and then reduced in the following year.

In value terms, cattle hide and skin imports declined to $35M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $38M, and then contracted in the following year.

Import of Cattle Hide and Skin in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13.59.116.111.1-6.3%
Germany5.63.91.45.81.2%
Netherlands2.63.813.35.226.0%
Italy0.20.50.51.9111.8%
Israel3.51.21.81.7-21.4%
Czech RepublicN/A0.20.11.4164.6%
Croatia0.51.60.21.440.9%
Norway0.50.81.31.337.5%
Lebanon0.3N/A0.10.732.6%
Austria0.60.40.50.60.0%
PolandN/AN/AN/A0.50%
Argentina1.01.50.90.2-41.5%
Dominican RepublicN/A0.10.10.241.4%
Others2.63.21.42.93.7%
Total31.026.437.634.63.7%

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

  1. Spain (6.5K tons)
  2. Germany (3.6K tons)
  3. Netherlands (2.4K tons)
  4. Israel (1.3K tons)
  5. Croatia (0.9K tons)
  6. Czech Republic (0.8K tons)
  7. Norway (0.6K tons)
  8. Italy (0.4K tons)
  9. Austria (0.4K tons)
  10. Dominican Republic (0.4K tons)
  11. Poland (0.3K tons)
  12. Lebanon (0.3K tons)
  13. Argentina (0.1K tons)

Exports of Cattle Hide and Skin in Portugal

After three years of growth, overseas shipments of raw hides and skins of cattle decreased by -8.7% to 30K tons in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 33K tons, and then fell in the following year.

In value terms, cattle hide and skin exports skyrocketed to $16M in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cattle Hide and Skin in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.96.411.113.514.9%
GermanyN/A0.10.31.3260.6%
FranceN/AN/AN/A0.50%
Italy0.30.40.60.2-12.6%
Others0.20.2N/A0.20.0%
Total9.47.112.015.618.4%

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

  1. Spain (26.8K tons)
  2. Germany (2.0K tons)
  3. France (0.7K tons)
  4. Italy (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cattle hide and skin in Portugal. 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:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • 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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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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