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

Asia: Overview of the Market for Raw Hides And Skins Of Cattle 2019

Production By Country in Asia

The countries with the highest volumes of bovine hide and skin production in 2018 were Kazakhstan (X units), Iraq (X units) and Myanmar (X units), with a combined X% share of total production. Afghanistan, Turkmenistan, Israel, Lebanon, Kyrgyzstan, Mongolia, Malaysia, Azerbaijan and the United Arab Emirates lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of bovine hide and skin production, amongst the main producing countries, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Exports of Raw Hides And Skins Of Cattle

Exports in Asia

In 2018, the amount of raw hides and skins of cattle exported in Asia stood at X units, approximately mirroring the previous year. In general, bovine hide and skin exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, bovine hide and skin exports reached their maximum at X units in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, bovine hide and skin exports stood at $X in 2018. Overall, bovine hide and skin exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. In that year, bovine hide and skin exports reached their peak of $X. From 2009 to 2018, the growth of bovine hide and skin exports remained at a somewhat lower figure.

Exports by Country

The countries with the highest levels of bovine hide and skin exports in 2018 were Kazakhstan (X units), China, Hong Kong SAR (X units), Iraq (X units), China (X units), Japan (X units), Myanmar (X units), Kyrgyzstan (X units), Israel (X units) and Turkmenistan (X units), together recording X% of total export. Afghanistan (X units), Mongolia (X units) and Azerbaijan (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Azerbaijan, while the other leaders experienced more modest paces of growth.

In value terms, the largest bovine hide and skin markets in Asia were China, Hong Kong SAR ($X), Afghanistan ($X) and Japan ($X), with a combined X% share of total exports. Israel, China, Iraq, Turkmenistan, Myanmar, Kazakhstan, Kyrgyzstan, Azerbaijan and Mongolia lagged somewhat behind, together comprising a further X terms of the main exporting countries, Iraq recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The bovine hide and skin export price in Asia stood at $X per unit in 2018, falling by -X% against the previous year. In general, the bovine hide and skin export price continues to indicate an abrupt descent. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. In that year, the export prices for raw hides and skins of cattle attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for raw hides and skins of cattle failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Afghanistan ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Afghanistan, while the other leaders experienced mixed trends in the export price figures.

Imports of Raw Hides And Skins Of Cattle

Imports in Asia

In 2018, approx. X units of raw hides and skins of cattle were imported in Asia; picking up by X% against the previous year. Over the period under review, 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. Over the period under review, bovine hide and skin imports attained their peak figure at X units in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, bovine hide and skin imports stood at $X in 2018. Overall, bovine hide and skin imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. The level of imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

China dominates bovine hide and skin imports structure, accounting for X units, which was approx. X% of total imports in 2018. It was distantly followed by South Korea (X units), Thailand (X units) and Viet Nam (X units), together committing a X% share of total imports. Turkey (X units), China, Hong Kong SAR (X units) and Indonesia (X units) occupied a minor share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Indonesia (+X%) and Viet Nam (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer in Asia, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Viet Nam (+X p.p.) significantly strengthened its position in terms of the total imports, while China, Hong Kong SAR saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in China stood at +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

The bovine hide and skin import price in Asia stood at $X per unit in 2018, going down by -X% against the previous year. Overall, the bovine hide and skin import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for raw hides and skins of cattle reached their maximum at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Thailand ($X per unit), while Viet Nam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform