Report Update: Apr 24, 2024

Norway - Raw Hides And Skins Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights

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Cows Skin Price in Norway - 2023

Cows Skin Price in Norway (FOB) - 2022

In 2022, the average cows skin export price amounted to $434 per ton, increasing by 17% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cows skin export price increased by +9.2% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 51%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,234 per ton), while the average price for exports to Saudi Arabia ($413 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 Germany (+20.1%), while the prices for the other major destinations experienced mixed trend patterns.

Cows Skin Price in Norway (CIF) - 2022

The average cows skin import price stood at $60,776 per ton in 2022, rising by 711% against the previous year. In general, the import price recorded a strong expansion. The import price peaked at $180,020 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($192,220 per ton), while the price for Germany ($32,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Cows Skin Exports in Norway

Cows skin exports from Norway declined sharply to 690 tons in 2022, which is down by -17.1% against the previous year's figure. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 301%. As a result, the exports attained the peak of 833 tons, and then contracted dramatically in the following year.

In value terms, cows skin exports declined to $299K in 2022. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. As a result, the exports reached the peak of $309K, and then reduced in the following year.

Export of Cows Skin in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	N/A	N/A	273	0%
Saudi Arabia	N/A	N/A	N/A	21.5	0%
Togo	115	36.3	10.3	N/A	-70.1%
Indonesia	81.5	N/A	8.6	N/A	-67.5%
Ghana	N/A	39.6	289	N/A	629.8%
Others	1.2	1.2	0.6	5.2	63.0%
Total	198	77.1	309	299	14.7%

Top Export Markets for Cows Skin from Norway in 2022:

United Arab Emirates (634.5 tons)
Saudi Arabia (52.2 tons)

Cows Skin Imports in Norway

For the third year in a row, Norway recorded decline in overseas purchases of raw hides and skins of bovine animals, which decreased by -58.1% to 67 kg in 2022. In general, imports recorded a sharp descent. The smallest decline of -14.2% was in 2020.

In value terms, cows skin imports soared to $4.1K in 2022. Over the period under review, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cows Skin in Norway (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	N/A	N/A	772	1,204	56.0%
Denmark	N/A	N/A	N/A	986	0%
Egypt	N/A	N/A	N/A	864	0%
Germany	N/A	1,117	N/A	454	-36.2%
Switzerland	N/A	134	N/A	N/A	0%
Sweden	407	392	N/A	N/A	-3.7%
United States	498	N/A	N/A	N/A	0%
France	N/A	781	N/A	N/A	0%
Iceland	291	N/A	N/A	N/A	0%
Turkey	N/A	N/A	128	N/A	0%
Others	931	N/A	298	564	-15.4%
Total	2,127	2,424	1,198	4,072	24.2%

Top Suppliers of Cows Skin to Norway in 2022:

Italy (21.0 kg)
Egypt (16.0 kg)
Denmark (14.0 kg)
Germany (14.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cows skin market in Norway. 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:

Prodcom 10114200 - Raw hides and skins of bovine or equine animals, whole (except those linked to HS

Country coverage:

Norway

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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