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

Asia: Bovine Hide And Skin Market Overview 2019

Bovine Hide And Skin Market Size in Asia

The revenue of the bovine hide and skin market in Asia amounted to $X in 2017, surging by X% against the previous year. The bovine hide and skin consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of bovine hide and skin consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Bovine Hide And Skin Production in Asia

The bovine hide and skin production amounted to X units in 2017, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, when the output figure increased by X% y-o-y. Over the period under review, the bovine hide and skin production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term. The general positive trend in terms of bovine hide and skin output was largely conditioned by a mild increase of the number of producing animals and a relatively flat trend pattern in yield figures.

The countries with the highest volumes of bovine hide and skin production in 2017 were China (X units), India (X units) and Pakistan (X units), with a combined X% share of total production. These countries were followed by Indonesia, Uzbekistan, Turkey, Viet Nam, South Korea and Thailand, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of bovine hide and skin production, amongst the main producing countries, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In 2017, average bovine hide and skin yield in Asia stood at X kg per head, approximately mirroring the previous year. The bovine hide and skin yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% against the previous year. The level of bovine hide and skin yield peaked of X kg per head in 2007; however, from 2008 to 2017, it failed to regain its momentum.

The number of animals slaughtered for bovine hide and skin production totaled X heads in 2017, coming up by X% against the previous year. This number increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The figure of bovine hide and skin producing animals peaked in 2017, and is likely to see steady growth in the near future.

Bovine Hide And Skin Exports

Exports in Asia

The exports stood at X units in 2017, coming up by X% against the previous year. The bovine hide and skin exports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. Over the period under review, the bovine hide and skin exports attained its peak figure volume of X units in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, bovine hide and skin exports stood at $X in 2017. The bovine hide and skin exports continue to indicate an abrupt shrinkage. Over the period under review, the bovine hide and skin exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Exports by Country

Kazakhstan (X units) and China, Hong Kong SAR (X units) represented roughly X% of total exports of raw hides and skins of cattle in 2017. It was distantly followed by China (X units), Myanmar (X units), Japan (X units), Israel (X units), Lebanon (X units) and Kyrgyzstan (X units), together comprising X% share of total exports. The following exporters - Yemen (X units), the United Arab Emirates (X units), South Korea (X units) and Viet Nam (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest bovine hide and skin markets worldwide were China, Hong Kong SAR ($X), Japan ($X) and Israel ($X), together comprising X% of total exports. China, Myanmar, Viet Nam, Yemen, Kazakhstan, South Korea, the United Arab Emirates, Lebanon and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, China (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the bovine hide and skin export price in Asia amounted to $X per thousand units, dropping by -X% against the previous year. The bovine hide and skin export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The level of export price peaked of $X per thousand units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per thousand units), while Kazakhstan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Bovine Hide And Skin Imports

Imports in Asia

In 2017, the amount of raw hides and skins of cattle imported in Asia totaled X units, coming up by X% against the previous year. The bovine hide and skin imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when imports increased by X% against the previous year. In that year, the bovine hide and skin imports attained their peak volume of X units. From 2010 to 2017, growth of the bovine hide and skin imports failed to regain its momentum.

In value terms, bovine hide and skin imports totaled $X in 2017. The bovine hide and skin imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Imports by Country

China dominates bovine hide and skin imports structure, reaching X units, which was near X% of total imports in 2017. South Korea (X units) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Thailand (X%). Viet Nam (X units), Turkey (X units), China, Hong Kong SAR (X units) and Japan (X units) held the weak share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Viet Nam (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Japan (-X%), Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) and Thailand (X%) significantly strengthened its position in terms of the global imports, while Viet Nam and China saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, 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 2017, the bovine hide and skin import price in Asia amounted to $X per thousand units, shrinking by -X% against the previous year. The bovine hide and skin import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per thousand units), while Turkey ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform