MENA: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in MENA

In 2022, the MENA's cattle hide and skin market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in MENA

In value terms, cattle hide and skin production reduced to $X in 2022 estimated in export price. Overall, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Turkey (X tons) remains the largest cattle hide and skin producing country in MENA, accounting for X% of total volume. Moreover, cattle hide and skin production in Turkey exceeded the figures recorded by the second-largest producer, Egypt (X tons), threefold. Morocco (X tons) ranked third in terms of total production with a X% share.

In Turkey, cattle hide and skin production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Egypt (X% per year) and Morocco (X% per year).

In 2022, the average yield of raw hides and skins of cattle in MENA fell slightly to X kg per head, almost unchanged from the previous year's figure. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the yield increased by X% against the previous year. Over the period under review, the cattle hide and skin yield hit record highs at X kg per head in 2021, and then shrank modestly in the following year.

In 2022, number of animals slaughtered for cattle hide and skin production in MENA dropped modestly to X heads, with a decrease of X% on the year before. Over the period under review, the number of producing animals, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the amount of producing animals attained the peak level of X heads, and then declined modestly in the following year.

Exports of Raw Hides And Skins of Cattle

Exports in MENA

In 2022, the amount of raw hides and skins of cattle exported in MENA fell modestly to X tons, declining by X% against 2021 figures. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, cattle hide and skin exports fell to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Iraq (X tons) was the major exporter of raw hides and skins of cattle, comprising X% of total exports. It was distantly followed by Israel (X tons), Saudi Arabia (X tons), Tunisia (X tons) and Lebanon (X tons), together achieving a X% share of total exports. The following exporters - Libya (X tons) and Palestine (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to cattle hide and skin exports from Iraq stood at X%. At the same time, Saudi Arabia (X%), Tunisia (X%), Palestine (X%), Libya (X%) and Israel (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Lebanon experienced a relatively flat trend pattern. While the share of Iraq (X p.p.), Saudi Arabia (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Libya (X p.p.), Israel (X p.p.) and Lebanon (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cattle hide and skin supplying countries in MENA were Iraq ($X), Israel ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in MENA

Cattle hide and skin imports soared to X tons in 2022, jumping by X% against 2021 figures. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin imports surged to $X in 2022. In general, imports posted a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. Egypt (X tons) and Iran (X tons) held a minor share of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported raw hides and skins of cattle in MENA, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

In Turkey, cattle hide and skin imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, showed a deep setback. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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