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

Market Size for Raw Hides And Skins of Cattle in Latin America and the Caribbean

The Latin American cattle hide and skin market contracted to $X in 2019, declining by -X% against the previous year. Overall, consumption recorded a perceptible downturn. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Latin America and the Caribbean

In value terms, cattle hide and skin production dropped significantly to $X in 2019 estimated in export prices. Over the period under review, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The level of production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Brazil (X tonnes) remains the largest cattle hide and skin producing country in Latin America and the Caribbean, accounting for X% of total volume. Moreover, cattle hide and skin production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), twofold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

In Brazil, cattle hide and skin production remained relatively stable over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Argentina (-X% per year) and Mexico (+X% per year).

In 2019, the average cattle hide and skin yield in Latin America and the Caribbean stood at X kg per head, almost unchanged from 2018 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the yield increased by X% year-to-year. Over the period under review, the cattle hide and skin yield hit record highs in 2019 and is likely to continue growth in years to come.

In 2019, the number of animals slaughtered for cattle hide and skin production in Latin America and the Caribbean reached X heads, approximately equating 2018 figures. Overall, the number of producing animals, however, saw a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, this number reached the maximum level at X heads in 2007; however, from 2008 to 2019, producing animals failed to regain the momentum.

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) remains the largest cattle hide and skin producing country in Latin America and the Caribbean, accounting for X% of total volume. Moreover, cattle hide and skin production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), twofold. Mexico (X tonnes) ranked third in terms of total production with a X% share.

In Brazil, cattle hide and skin production remained relatively stable over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Argentina (-X% per year) and Mexico (+X% per year).

Exports of Raw Hides And Skins of Cattle

Exports in Latin America and the Caribbean

In 2019, shipments abroad of raw hides and skins of cattle decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, cattle hide and skin exports fell dramatically to $X in 2019. Over the period under review, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The shipments of the four major exporters of raw hides and skins of cattle, namely Argentina, Venezuela, Uruguay and Guatemala, represented more than two-thirds of total export. It was distantly followed by Chile (X tonnes), Brazil (X tonnes) and Costa Rica (X tonnes), together making up a X% share of total exports. The Dominican Republic (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Argentina, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Venezuela ($X) and Uruguay ($X) appeared to be the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

In terms of the main exporting countries, Argentina saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The cattle hide and skin export price in Latin America and the Caribbean stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Chile ($X per tonne), while the Dominican Republic ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Costa Rica, while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in Latin America and the Caribbean

In 2019, approx. X tonnes of raw hides and skins of cattle were imported in Latin America and the Caribbean; falling by -X% against the previous year's figure. Total imports indicated a mild increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then dropped sharply in the following year.

In value terms, cattle hide and skin imports fell remarkably to $X in 2019. Over the period under review, imports, however, continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

Mexico represented the main importer of raw hides and skins of cattle in Latin America and the Caribbean, with the volume of imports recording X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Brazil (X tonnes), constituting an X% share of total imports. The following importers - Paraguay (X tonnes), Uruguay (X tonnes) and El Salvador (X tonnes) - together made up X% of total imports.

From 2007 to 2019, average annual rates of growth with regard to cattle hide and skin imports into Mexico stood at +X%. At the same time, Paraguay (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, El Salvador (-X%) and Uruguay (-X%) illustrated a downward trend over the same period. Brazil (+X p.p.) and Paraguay (+X p.p.) significantly strengthened its position in terms of the total imports, while El Salvador and Uruguay saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported raw hides and skins of cattle in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Paraguay, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Mexico stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Paraguay (+X% per year).

Import Prices by Country

In 2019, the cattle hide and skin import price in Latin America and the Caribbean amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, import prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per tonne), while El Salvador ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in LatAmerica and the Caribbean?
+
Brazil (1M tonnes) remains the largest cattle hide and skin consuming country in Latin America and the Caribbean, accounting for 44% of total volume. Moreover, cattle hide and skin consumption in Brazil exceeded the figures recorded by the second-largest consumer, Argentina (484K tonnes), twofold. The third position in this ranking was occupied by Mexico (346K tonnes), with a 15% share.
What are the largest producers of raw hides and skins of cattle in LatAmerica and the Caribbean?
+
Brazil (1M tonnes) remains the largest cattle hide and skin producing country in Latin America and the Caribbean, comprising approx. 44% of total volume. Moreover, cattle hide and skin production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (507K tonnes), twofold. Mexico (252K tonnes) ranked third in terms of total production with a 11% share.
What are the leading exporters of raw hides and skins of cattle in LatAmerica and the Caribbean?
+
In value terms, the largest cattle hide and skin supplying countries in Latin America and the Caribbean were Argentina ($18M), Venezuela ($17M) and Uruguay ($7.4M), with a combined 63% share of total exports.
What are the leading importers of raw hides and skins of cattle in LatAmerica and the Caribbean?
+
In value terms, Mexico ($110M) constitutes the largest market for imported raw hides and skins of cattle in Latin America and the Caribbean, comprising 81% of total imports. The second position in the ranking was occupied by Brazil ($18M), with a 13% share of total imports. It was followed by Paraguay, with a 1.8% share.
What is the average export price for raw hides and skins of cattle in LatAmerica and the Caribbean?
+
In 2019, the cattle hide and skin export price in Latin America and the Caribbean amounted to $721 per tonne, shrinking by -21.4% against the previous year.
What is the average import price for raw hides and skins of cattle in LatAmerica and the Caribbean?
+
In 2019, the cattle hide and skin import price in Latin America and the Caribbean amounted to $1,145 per tonne, declining by -4% 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 Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Bermuda
• British Virgin Islands
• Cayman Islands
• Curacao
• Falkland Islands (Malvinas)
• Grenada
• Montserrat
• Saint Kitts and Nevis
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Turks and Caicos Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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