Australia and Oceania: Market for Raw Hides And Skins of Cattle 2023

Market Size for Raw Hides And Skins of Cattle in Australia and Oceania

The cattle hide and skin market in Australia and Oceania dropped to $X in 2021, shrinking by -6.4% against the previous year. The total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -24.9% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Australia and Oceania

In value terms, cattle hide and skin production soared to $X in 2021 estimated in export price. In general, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Australia (X tons) remains the largest cattle hide and skin producing country in Australia and Oceania, comprising approx. 74% of total volume. Moreover, cattle hide and skin production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), threefold.

In Australia, cattle hide and skin production decreased by an average annual rate of -1.2% over the period from 2012-2021.

The average cattle hide and skin yield stood at X kg per head in 2021, remaining stable against 2020. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 4.1%. Over the period under review, the cattle hide and skin yield attained the peak level at X kg per head in 2018; however, from 2019 to 2021, the yield stood at a somewhat lower figure.

In 2021, the number of animals slaughtered for cattle hide and skin production in Australia and Oceania fell to X heads, declining by -13.9% compared with 2020 figures. Over the period under review, the number of producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the number of producing animals increased by 10% against the previous year. The level of producing animals peaked at X heads in 2015; however, from 2016 to 2021, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in Australia and Oceania

In 2021, exports of raw hides and skins of cattle in Australia and Oceania declined slightly to X tons, reducing by -4.8% compared with 2020. Overall, exports recorded a perceptible reduction. The growth pace was the most rapid in 2014 when exports increased by 12% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cattle hide and skin exports soared to $X in 2021. In general, exports recorded a abrupt setback. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X tons) represented the key exporter of raw hides and skins of cattle, mixing up 78% of total exports. It was distantly followed by New Zealand (X tons), generating a 22% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cattle hide and skin exports from Australia stood at -5.8%. At the same time, New Zealand (+4.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +4.4% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +12 percentage points.

In value terms, Australia ($X) remains the largest cattle hide and skin supplier in Australia and Oceania, comprising 74% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to -9.4%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, jumping by 44% against the previous year. In general, the export price, however, saw a noticeable setback. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-3.8%).

Imports of Raw Hides And Skins of Cattle

Imports in Australia and Oceania

In 2021, overseas purchases of raw hides and skins of cattle decreased by -4.7% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 81%. The volume of import peaked at X tons in 2020, and then shrank modestly in the following year.

In value terms, cattle hide and skin imports shrank to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 115% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the one major importers of raw hides and skins of cattle, namely Australia, represented more than two-thirds of total import.

Australia was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of +13.3% from 2012 to 2021. From 2012 to 2021, the share of Australia increased by +15 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported raw hides and skins of cattle in Australia and Oceania.

In Australia, cattle hide and skin imports expanded at an average annual rate of +11.1% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, surging by 2.9% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when the import price increased by 39%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -2.0% per year.

Source: IndexBox Platform

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