United Kingdom - Raw Hides And Skins Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 24, 2024

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

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Cows Skin Price in the UK - 2023

Contents:

  1. Cows Skin Price in the UK (FOB) - 2023
  2. Cows Skin Price in the UK (CIF) - 2022
  3. Cows Skin Exports in the UK
  4. Cows Skin Imports in the UK

Cows Skin Price in the UK (FOB) - 2023

In June 2023, the average cows skin export price amounted to $893 per ton, increasing by 3.4% against the previous month. In general, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cows skin export price increased by +29.4% against February 2023 indices. The growth pace was the most rapid in November 2022 an increase of 25% month-to-month. The export price peaked in June 2023.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the Czech Republic ($1,284 per ton), while the average price for exports to Nigeria ($561 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cows Skin Price in the UK (CIF) - 2022

The average cows skin import price stood at $5,166 per ton in 2022, waning by -45% against the previous year. In general, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 544% against the previous year. The import price peaked at $70,952 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($37,817 per ton), while the price for Latvia ($616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Cows Skin Exports in the UK

In 2022, the amount of raw hides and skins of bovine animals exported from the UK skyrocketed to 6.1K tons, growing by 36% against the previous year. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 258% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cows skin exports skyrocketed to $4.1M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 163%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cows Skin in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A53078147.4%
GermanyN/AN/AN/A6270%
SloveniaN/AN/A42857534.3%
Czech RepublicN/AN/AN/A5420%
Nigeria25341938440216.7%
Italy1.33.517.7338538.3%
SpainN/AN/A25530921.2%
Togo36015414863.7-43.9%
Others11617521343054.8%
Total7307521,9764,06877.3%

Top Export Markets for Cows Skin from the UK in 2022:

  1. Netherlands (1764.3 tons)
  2. Slovenia (1166.1 tons)
  3. Nigeria (824.0 tons)
  4. Spain (723.9 tons)
  5. Czech Republic (561.2 tons)
  6. Germany (507.3 tons)
  7. Italy (226.7 tons)
  8. Togo (172.7 tons)

Cows Skin Imports in the UK

In 2022, imports of raw hides and skins of bovine animals into the UK dropped to 37 tons, which is down by -6.5% compared with 2021. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 122%. As a result, imports reached the peak of 39 tons, and then reduced in the following year.

In value terms, cows skin imports contracted rapidly to $190K in 2022. In general, imports continue to indicate a precipitous setback. The smallest decline of -40.4% was in 2020.

Import of Cows Skin in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand216133113158-9.9%
LatviaN/AN/AN/A14.30%
SpainN/AN/AN/A1.30%
IrelandN/AN/A26.2N/A0%
IndiaN/AN/A82.9N/A0%
Australia1,159714101N/A-70.5%
BrazilN/A13.76.3N/A-54.0%
Others86.39.940.716.8-42.0%
Total1,461871370190-49.3%

Top Suppliers of Cows Skin to the UK in 2022:

  1. Latvia (23.2 tons)
  2. Thailand (11.6 tons)
  3. Spain (1.8 tons)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

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