Gabon: Overview of the Market for Raw Hides And Skins Of Cattle 2019

Market Size for Raw Hides And Skins Of Cattle in Gabon

The revenue of the bovine hide and skin market in Gabon amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, bovine hide and skin consumption, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Over the period under review, the bovine hide and skin market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Exports of Raw Hides And Skins Of Cattle

Exports by Country

The U.S. represented the major exporter of raw hides and skins of cattle in the world, with the volume of exports finishing at X units, which was near X% of total exports in 2018. Australia (X units) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Germany (X%) and France (X%). The Netherlands (X units), Canada (X units), Italy (X units), the UK (X units), Austria (X units), Spain (X units), Ireland (X units) and Belgium (X units) held a little share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, the UK (+X%), Belgium (+X%), Austria (+X%), Germany (+X%), Spain (+X%), Ireland (+X%), Australia (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The Netherlands experienced a relatively flat trend pattern. By contrast, France (-X%) and Canada (-X%) illustrated a downward trend over the same period. While the share of the UK (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of France (-X p.p.), Canada (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest bovine hide and skin supplier from Gabon, comprising X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

In the U.S., bovine hide and skin exports decreased by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (-X% per year) and Australia (-X% per year).

Export Prices by Country

In 2018, the bovine hide and skin export price in Gabon amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the bovine hide and skin export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for raw hides and skins of cattle reached their maximum at $X per unit in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Imports of Raw Hides And Skins Of Cattle

Imports into Gabon

In 2018, the imports of raw hides and skins of cattle into Gabon totaled X units, coming down by -X% against the previous year. In general, bovine hide and skin imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2011 with a decrease of -X% y-o-y. Over the period under review, bovine hide and skin imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, bovine hide and skin imports amounted to $X in 2018. Overall, bovine hide and skin imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2008 with a decrease of -X% year-to-year. Gabon imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) represented the key importer of raw hides and skins of cattle, generating X% of total imports. Italy (X units) held the second position in the ranking, distantly followed by South Korea (X units) and Mexico (X units). All these countries together took approx. X% share of total imports. Germany (X units), the Netherlands (X units), Austria (X units), Thailand (X units), Viet Nam (X units) and Turkey (X units) held a relatively small share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Viet Nam (+X%), the Netherlands (+X%), Mexico (+X%), Austria (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, Italy (-X%), South Korea (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Mexico (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bovine hide and skin importing markets into Gabon were China ($X), Italy ($X) and South Korea ($X), together accounting for X% of total imports. These countries were followed by Germany, Thailand, the Netherlands, Mexico, Austria, Turkey, Viet Nam and Gabon, which together accounted for a further X terms of the main importing countries, the Netherlands recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bovine hide and skin import price in Gabon amounted to $X per unit, dropping by -X% against the previous year. Overall, the bovine hide and skin import price continues to indicate a dramatic drop. The most prominent rate of growth was recorded in 2008 a decrease of -X% y-o-y. Over the period under review, the import prices for raw hides and skins of cattle reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while Viet Nam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform