China: Overview of the Market for Raw Hides And Skins of Cattle 2021

Market Size for Raw Hides And Skins of Cattle in China

The Chinese cattle hide and skin market expanded sharply to $X in 2019, with an increase of X% against the previous year. Overall, consumption continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Cattle hide and skin consumption peaked at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in China

In value terms, cattle hide and skin production amounted to $X in 2019 estimated in export prices. In general, production showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Cattle hide and skin production peaked at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

The average yield of raw hides and skins of cattle in China amounted to X kg per head in 2019, remaining relatively unchanged against 2018 figures. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the yield increased by X% y-o-y. Over the period under review, the average cattle hide and skin yield reached the maximum level at X kg per head in 2014; afterwards, it flattened through to 2019.

In 2019, approx. X heads of animals slaughtered for cattle hide and skin production in China; remaining relatively unchanged against 2018 figures. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the number of producing animals increased by X% against the previous year. As a result, the amount of producing animals reached the peak level of X heads. From 2009 to 2019, the growth of this number remained at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from China

In 2019, approx. X tonnes of raw hides and skins of cattle were exported from China; picking up by X% compared with the previous year's figure. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports stood at $X in 2019. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tonnes), South Korea (X tonnes) and Indonesia (X tonnes) were the main destinations of cattle hide and skin exports from China, together comprising X% of total exports. Australia lagged somewhat behind, comprising a further X 2007 to 2019, the biggest increases were in Australia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for cattle hide and skin exports from China, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Australia (+X% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the average price for exports to South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into China

After three years of decline, overseas purchases of raw hides and skins of cattle increased by X% to X tonnes in 2019. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports surged to $X in 2019. Overall, imports posted perceptible growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. (X tonnes), Australia (X tonnes) and Canada (X tonnes) were the main suppliers of cattle hide and skin imports to China, together comprising X% of total imports. These countries were followed by the Netherlands, Ireland, Spain, the UK, France, Italy and New Zealand, which together accounted for a further X 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of cattle hide and skin to China, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Canada (+X% per year).

Import Prices by Country

The average cattle hide and skin import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in the world?

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The country with the largest volume of cattle hide and skin consumption was China (2.4M tonnes), accounting for 25% of total volume. Moreover, cattle hide and skin consumption in China exceeded the figures recorded by the second-largest consumer, Brazil (1M tonnes), twofold. India (565K tonnes) ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of raw hides and skins of cattle in the world?

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The countries with the highest volumes of cattle hide and skin production in 2019 were China (1.5M tonnes), the U.S. (1.1M tonnes) and Brazil (996K tonnes), together comprising 38% of global production. India, Argentina, Pakistan, Australia, Mexico and Russia lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of raw hides and skins of cattle to China?

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In value terms, the U.S. ($762M) constituted the largest supplier of cattle hide and skin to China, comprising 47% of total imports. The second position in the ranking was occupied by Australia ($250M), with a 15% share of total imports. It was followed by Canada, with a 11% share.

What are the leading importers of raw hides and skins of cattle from China?

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In value terms, Japan ($7.7M) remains the key foreign market for cattle hide and skin exports from China, comprising 63% of total exports. The second position in the ranking was occupied by South Korea ($2M), with a 16% share of total exports. It was followed by Australia, with a 12% share.

What is the average export price for raw hides and skins of cattle in China?

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The average cattle hide and skin export price stood at $793 per tonne in 2019, rising by 5.3% against the previous year.

What is the average import price for raw hides and skins of cattle in China?

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The average cattle hide and skin import price stood at $1,814 per tonne in 2019, jumping by 17% against the previous year.