Middle East: Cows Skin Market 2024

Cows Skin Market Size in the Middle East

In 2022, after three years of decline, there was significant growth in the Middle Eastern cows skin market, when its value increased by X% to $X. Overall, consumption, however, enjoyed a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Cows Skin Production in the Middle East

In value terms, cows skin production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Iran (X tons), Saudi Arabia (X tons) and Iraq (X tons), with a combined X% share of total production. Syrian Arab Republic, Yemen, Turkey, Israel and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Yemen (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

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

Cows Skin Exports

Exports in the Middle East

In 2022, approx. X tons of raw hides and skins of bovine animals were exported in the Middle East; waning by X% compared with 2021 figures. Total exports indicated moderate growth from 2012 to 2022: its volume 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 most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cows skin exports surged to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Saudi Arabia (X tons) was the main exporter of raw hides and skins of bovine animals, making up X% of total exports. Jordan (X tons) ranks second in terms of the total exports with a X% share, followed by Oman (X%), the United Arab Emirates (X%) and Yemen (X%). The following exporters - Lebanon (X tons) and Israel (X tons) - each reached a X% share of total exports.

Saudi Arabia was also the fastest-growing in terms of the raw hides and skins of bovine animals exports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Oman (X%), Jordan (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Lebanon (X%) and Yemen (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, Jordan, Oman, the United Arab Emirates and Israel increased by X, X, X, X and X percentage points, respectively.

In value terms, Saudi Arabia ($X) remains the largest cows skin supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Jordan ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

In Saudi Arabia, cows skin exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Jordan (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a perceptible slump. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Cows Skin Imports

Imports in the Middle East

In 2022, purchases abroad of raw hides and skins of bovine animals increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, cows skin imports surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of raw hides and skins of bovine animals, namely Turkey, represented more than two-thirds of total import.

Turkey was also the fastest-growing in terms of the raw hides and skins of bovine animals imports, with a CAGR of X% from 2012 to 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 bovine animals in the Middle East.

In Turkey, cows skin imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :