Morocco: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Morocco

The Moroccan cattle hide and skin market shrank modestly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Cattle hide and skin consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Production of Raw Hides And Skins of Cattle in Morocco

In value terms, cattle hide and skin production reduced to $X in 2022 estimated in export price. Overall, production recorded a dramatic descent. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average cattle hide and skin yield in Morocco was estimated at X kg per head, approximately reflecting 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. The cattle hide and skin yield peaked at X kg per head in 2018; however, from 2019 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for cattle hide and skin production in Morocco amounted to X heads, flattening at 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by X% against the previous year. As a result, the number of producing animals reached the peak level of X heads; afterwards, it flattened through to 2022.

Exports of Raw Hides And Skins of Cattle

Exports from Morocco

In 2022, approx. X tons of raw hides and skins of cattle were exported from Morocco; rising by X% on the previous year's figure. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cattle hide and skin exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for cattle hide and skin exports from Morocco, with a X% share of total exports. Moreover, cattle hide and skin exports to Nigeria exceeded the volume sent to the second major destination, Tunisia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria stood at X%.

In value terms, Nigeria ($X) remains the key foreign market for raw hides and skins of cattle exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Nigeria stood at X%.

Export Prices by Country

The average cattle hide and skin export price stood at $X per kg in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per kg in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per kg), while the average price for exports to Nigeria stood at $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%).

Imports of Raw Hides And Skins of Cattle

Imports into Morocco

In 2022, approx. X kg of raw hides and skins of cattle were imported into Morocco; with a decrease of X% against 2021 figures. In general, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports declined significantly to $X in 2022. Over the period under review, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X kg) constituted the largest supplier of cattle hide and skin to Morocco, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%.

In value terms, France ($X) constituted the largest supplier of raw hides and skins of cattle to Morocco.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled X%.

Import Prices by Country

In 2022, the average cattle hide and skin import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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