
Asia - Raw Hides and Skins of Cattle - Market Analysis, Forecast, Size, Trends and Insights
Asia: Market for Raw Hides And Skins of Cattle 2022
Market Size for Raw Hides And Skins of Cattle in Asia
In 2021, the Asian cattle hide and skin market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate a perceptible descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Production of Raw Hides And Skins of Cattle in Asia
In value terms, cattle hide and skin production amounted to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when the production volume increased by 13%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
The country with the largest volume of cattle hide and skin production was China (X tons), comprising approx. 46% of total volume. Moreover, cattle hide and skin production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Pakistan (X tons) ranked third in terms of total production with a 9% share.
In China, cattle hide and skin production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: India (-0.1% per year) and Pakistan (+4.0% per year).
In 2021, the average cattle hide and skin yield in Asia was estimated at X kg per head, approximately equating 2020 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 2%. Over the period under review, the cattle hide and skin yield reached the peak level at X kg per head in 2018; however, from 2019 to 2021, the yield remained at a lower figure.
In 2021, number of animals slaughtered for cattle hide and skin production in Asia fell to X heads, remaining constant against 2020. This number increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the number of producing animals increased by 3.5% against the previous year. Over the period under review, this number reached the peak level at X heads in 2020, and then fell in the following year.
Exports of Raw Hides And Skins of Cattle
Exports in Asia
After three years of decline, shipments abroad of raw hides and skins of cattle increased by 12% to X tons in 2021. Over the period under review, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 20%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, cattle hide and skin exports skyrocketed to $X in 2021. In general, exports, however, recorded a abrupt shrinkage. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
Exports by Country
The shipments of the three major exporters of raw hides and skins of cattle, namely Japan, China and Iraq, represented more than third of total export. Lebanon (X tons) ranks next in terms of the total exports with a 6.8% share, followed by Israel (5.9%), Turkmenistan (5.9%) and Kyrgyzstan (4.7%). Afghanistan (X tons), Georgia (X tons), Mongolia (X tons), Hong Kong SAR (X tons), Yemen (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Iraq (with a CAGR of +20.5%), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($X), China ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2021, together comprising 47% of total exports.
China, with a CAGR of +3.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in Asia stood at $X per ton in 2021, surging by 2.7% against the previous year. In general, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2013 when the export price increased by 11% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Israel ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+11.4%), while the other leaders experienced mixed trends in the export price figures.
Imports of Raw Hides And Skins of Cattle
Imports in Asia
In 2021, purchases abroad of raw hides and skins of cattle decreased by -1.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 8.4% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, cattle hide and skin imports skyrocketed to $X in 2021. In general, imports recorded a abrupt setback. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
China prevails in imports structure, recording X tons, which was near 71% of total imports in 2021. It was distantly followed by South Korea (X tons), Vietnam (X tons) and Turkey (X tons), together mixing up an 18% share of total imports. Thailand (X tons), Japan (X tons) and Indonesia (X tons) held a relatively small share of total imports.
China experienced a relatively flat trend pattern with regard to volume of imports of raw hides and skins of cattle. At the same time, Indonesia (+9.6%), Turkey (+7.1%), Vietnam (+2.7%) and Japan (+1.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia, with a CAGR of +9.6% from 2012-2021. By contrast, Thailand (-2.6%) and South Korea (-5.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Turkey increased by +5.3 and +2.5 percentage points, respectively. South Korea (-3.7 p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported raw hides and skins of cattle in Asia, comprising 69% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by South Korea, with a 7.7% share.
In China, cattle hide and skin imports shrank by an average annual rate of -6.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+5.4% per year) and South Korea (-12.6% per year).
Import Prices by Country
The import price in Asia stood at $X per ton in 2021, surging by 38% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Vietnam ($X per ton), while Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+7.4%), while the other leaders experienced mixed trends in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for cattle hide and skin in Asia. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Recommended reports
This report provides an in-depth analysis of the global market for cattle hide and skin.
This report provides an in-depth analysis of the market for cattle hide and skin in the EU.
This report provides an in-depth analysis of the market for cattle hide and skin in the U.S..
This report provides an in-depth analysis of the market for cattle hide and skin in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET