Finland: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Finland

The Finnish cattle hide and skin market dropped remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a dramatic shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Finland

In value terms, cattle hide and skin production dropped to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Cattle hide and skin production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of raw hides and skins of cattle in Finland declined slightly to X kg per head, standing approx. at the previous year's figure. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. The cattle hide and skin yield peaked at X kg per head in 2021, and then dropped in the following year.

In 2022, number of animals slaughtered for cattle hide and skin production in Finland was estimated at X heads, approximately equating the year before. In general, the number of producing animals, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2016; however, from 2017 to 2022, producing animals stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Raw Hides And Skins of Cattle

Exports from Finland

Cattle hide and skin exports from Finland soared to X tons in 2022, surging by X% on the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for cattle hide and skin exports from Finland, with a X% share of total exports. Moreover, cattle hide and skin exports to Italy exceeded the volume sent to the second major destination, Denmark (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Belgium (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average cattle hide and skin export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Denmark ($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 Belgium (X%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Finland

In 2022, overseas purchases of raw hides and skins of cattle were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a deep contraction. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cattle hide and skin imports soared to $X in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of cattle hide and skin to Finland, with a X% share of total imports. Moreover, cattle hide and skin imports from Sweden exceeded the figures recorded by the second-largest supplier, Estonia (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to X%.

In value terms, Sweden ($X) constituted the largest supplier of raw hides and skins of cattle to Finland, comprising X% of total imports. The second position in the ranking was taken by Estonia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden totaled X%.

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 showed a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 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 Sweden ($X per ton), while the price for Estonia amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :