Asia-Pacific: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Asia-Pacific

The Asia-Pacific cattle hide and skin market fell to $X in 2022, approximately equating the previous year. Overall, consumption, however, recorded a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Asia-Pacific

In value terms, cattle hide and skin production shrank to $X in 2022 estimated in export price. In general, production saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Pakistan (X tons), with a combined X% share of total production. Australia, New Zealand and Vietnam lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Vietnam (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of raw hides and skins of cattle in Asia-Pacific dropped slightly to X kg per head, flattening at the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. The level of yield peaked at X kg per head in 2012; however, from 2013 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for cattle hide and skin production in Asia-Pacific; remaining stable against the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2021, and then fell slightly in the following year.

Exports of Raw Hides And Skins of Cattle

Exports in Asia-Pacific

Cattle hide and skin exports fell modestly to X tons in 2022, leveling off at the previous year. Overall, exports recorded a noticeable slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, cattle hide and skin exports contracted to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the main exporting country with an export of about X tons, which finished at X% of total exports. New Zealand (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by China (X%) and Japan (X%). The following exporters - Afghanistan (X tons), South Korea (X tons) and India (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to cattle hide and skin exports from Australia stood at X%. At the same time, India (X%), South Korea (X%), China (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Japan and Afghanistan experienced a relatively flat trend pattern. From 2012 to 2022, the share of New Zealand, China, Japan, South Korea, India and Afghanistan increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Australia ($X) remains the largest cattle hide and skin supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by China, with a X% share.

In Australia, cattle hide and skin exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in Asia-Pacific

In 2022, approx. X tons of raw hides and skins of cattle were imported in Asia-Pacific; increasing by X% on 2021 figures. Over the period under review, imports, however, showed a mild setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, cattle hide and skin imports expanded slightly to $X in 2022. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China dominates imports structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by South Korea (X tons) and Thailand (X tons), together achieving a X% share of total imports. The following importers - Indonesia (X tons) and Japan (X tons) - together made up X% of total imports.

China experienced a relatively flat trend pattern with regard to volume of imports of raw hides and skins of cattle. At the same time, Indonesia (X%) and Japan (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Thailand experienced a relatively flat trend pattern. By contrast, South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported raw hides and skins of cattle in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with an X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in South Korea ($X per ton) and Japan ($X per ton), while Indonesia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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