Denmark: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Denmark

The Danish cattle hide and skin market declined markedly to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a noticeable downturn. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Denmark

In value terms, cattle hide and skin production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average cattle hide and skin yield in Denmark stood at X kg per head, remaining stable against the year before. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by X%. Over the period under review, the average cattle hide and skin yield reached the maximum level at X kg per head in 2020; however, from 2021 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for cattle hide and skin production in Denmark; standing approx. at the year before. In general, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Denmark

In 2022, approx. X tons of raw hides and skins of cattle were exported from Denmark; surging by X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cattle hide and skin exports rose significantly to $X in 2022. Over the period under review, exports, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for cattle hide and skin exports from Denmark, accounting for a X% share of total exports. Moreover, cattle hide and skin exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Slovenia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovenia (X% per year).

In value terms, Italy ($X) remains the key foreign market for raw hides and skins of cattle exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average cattle hide and skin export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Raw Hides And Skins of Cattle

Imports into Denmark

In 2022, purchases abroad of raw hides and skins of cattle increased by X% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, cattle hide and skin imports reduced to $X in 2022. Overall, imports, however, showed a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and Finland (X tons) were the main suppliers of cattle hide and skin imports to Denmark, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cattle hide and skin suppliers to Denmark were Germany ($X), Sweden ($X) and Finland ($X), together accounting for X% of total imports.

Among the main suppliers, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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