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Kuwait - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Overview of the Market for Raw Hides And Skins of Cattle 2021

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Market Size for Raw Hides And Skins of Cattle in Kuwait

The Kuwaiti cattle hide and skin market declined notably to $X in 2018, which is down by -X% against the previous year. Over the period under review, consumption continues to indicate a precipitous decrease. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X, and then declined significantly in the following year.

Production of Raw Hides And Skins of Cattle in Kuwait

In value terms, cattle hide and skin production surged to $X in 2019 estimated in export prices. Over the period under review, production, however, saw a buoyant expansion. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.

The average yield of raw hides and skins of cattle in Kuwait contracted remarkably to X kg per head in 2019, reducing by -X% on the previous year's figure. Overall, the yield, however, saw a tangible increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. As a result, the yield attained the peak level of X kg per head. From 2016 to 2019, the growth of the average cattle hide and skin yield remained at a lower figure.

In 2019, number of animals slaughtered for cattle hide and skin production in Kuwait rose slightly to X heads, increasing by X% on the previous year. This number increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2010; however, from 2011 to 2019, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Kuwait

In 2019, overseas shipments of raw hides and skins of cattle increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in the immediate term.

In value terms, cattle hide and skin exports reduced to $X in 2019. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2018, and then dropped in the following year.

Exports by Country

India (X tonnes) was the main destination for cattle hide and skin exports from Kuwait, with a X% share of total exports. Moreover, cattle hide and skin exports to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), sixfold.

From 2007 to 2019, the average annual growth rate of volume to India amounted to +X%.

In value terms, India ($X) emerged as the key foreign market for cattle hide and skin exports from Kuwait, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to India totaled +X%.

Export Prices by Country

The average cattle hide and skin export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Overall, the export price saw a deep slump. The growth pace was the most rapid in 2010 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to India totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to India.

Imports of Raw Hides And Skins of Cattle

Imports into Kuwait

After two years of growth, purchases abroad of raw hides and skins of cattle decreased by -X% to X tonnes in 2019. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, cattle hide and skin imports skyrocketed to $X in 2019. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of cattle hide and skin to Kuwait, accounting for a X% share of total imports. It was followed by Italy (X kg), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from the U.S. totaled -X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at -X%.

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. In general, the import price, however, saw a abrupt shrinkage. Over the period under review, average import prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for the U.S. amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in the world?
+
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?
+
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 accounting for 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 Kuwait?
+
In value terms, the U.S. ($3.8K) constituted the largest supplier of cattle hide and skin to Kuwait, comprising 53% of total imports. The second position in the ranking was occupied by Italy ($1.6K), with a 22% share of total imports.
What are the leading importers of raw hides and skins of cattle from Kuwait?
+
In value terms, India ($137K) emerged as the key foreign market for cattle hide and skin exports from Kuwait, comprising 83% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($27K), with a 17% share of total exports.
What is the average export price for raw hides and skins of cattle in Kuwait?
+
In 2019, the average cattle hide and skin export price amounted to $444 per tonne, reducing by -21.2% against the previous year.
What is the average import price for raw hides and skins of cattle in Kuwait?
+
The average cattle hide and skin import price stood at $4,425 per tonne in 2019, picking up by 65% against the previous year.

Product coverage:
• FCL 919 - Cattle hides, fresh
• FCL 957 - Buffalo hides, fresh
• FCL 1102 - Horse hides, fresh

This report provides an in-depth analysis of the market for cattle hide and skin in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Kuwait

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Kuwait
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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