Report Philippines - Raw Hides and Skins of Cattle - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Philippines - Raw Hides and Skins of Cattle - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Market for Raw Hides And Skins of Cattle 2022

Market Size for Raw Hides And Skins of Cattle in the Philippines

The Philippine cattle hide and skin market was estimated at $X in 2021, surging by 6.1% against the previous year. In general, consumption, however, saw a deep setback. Cattle hide and skin consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in the Philippines

In value terms, cattle hide and skin production reached $X in 2021 estimated in export price. In general, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 6.7% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

In 2021, the average cattle hide and skin yield in the Philippines amounted to X kg per head, with an increase of 4.1% compared with 2020 figures. Overall, the yield, however, continues to indicate a abrupt decline. The cattle hide and skin yield peaked at X kg per head in 2012; however, from 2013 to 2021, the yield remained at a lower figure.

In 2021, the number of animals slaughtered for cattle hide and skin production in the Philippines reached X heads, with an increase of 3.4% compared with the previous year. In general, the number of producing animals continues to indicate a relatively flat trend pattern. Over the period under review, this number attained the maximum level at X heads in 2016; however, from 2017 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from the Philippines

In 2021, exports of raw hides and skins of cattle from the Philippines surged to X tons, rising by 310% against 2020. In general, exports, however, continue to indicate a abrupt decline. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports rose remarkably to $X in 2021. Overall, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 45% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for cattle hide and skin exports from the Philippines, with a 84% share of total exports. Moreover, cattle hide and skin exports to China exceeded the volume sent to the second major destination, Japan (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+48.1% per year) and Hong Kong SAR (-29.5% per year).

In value terms, Japan ($X) remains the key foreign market for cattle hide and skin exports from the Philippines, comprising 83% of total exports. The second position in the ranking was held by China ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Japan totaled +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2.7% per year) and Hong Kong SAR (-29.8% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, shrinking by -72.1% against the previous year. Overall, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 921%. As a result, the export price reached the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into the Philippines

In 2021, purchases abroad of raw hides and skins of cattle decreased by -49.6% to X tons, falling for the second consecutive year after two years of growth. In general, imports recorded a slight descent. The pace of growth was the most pronounced in 2019 when imports increased by 272% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, cattle hide and skin imports fell rapidly to $X in 2021. Over the period under review, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 209%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), Saudi Arabia (X tons) and Australia (X tons) were the main suppliers of cattle hide and skin imports to the Philippines, together comprising 85% of total imports. China, Japan, Italy, South Korea and Vietnam lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +90.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and Saudi Arabia ($X) were the largest cattle hide and skin suppliers to the Philippines, together accounting for 63% of total imports.

Japan, with a CAGR of +85.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, surging by 60% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 90% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+63.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in the world?
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China constituted the country with the largest volume of cattle hide and skin consumption, accounting for 25% of total volume. Moreover, cattle hide and skin consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Brazil ranked third in terms of total consumption with a 10% share.
What are the largest producers of raw hides and skins of cattle in the world?
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The countries with the highest volumes of production in 2021 were China, the United States and Brazil, with a combined 39% share of global production. India, Argentina, Pakistan, Australia, Mexico, Canada and Russia lagged somewhat behind, together accounting for a further 24%.
What are the leading suppliers of raw hides and skins of cattle to the Philippines?
+
In value terms, the largest cattle hide and skin suppliers to the Philippines were Japan, Australia and Saudi Arabia, with a combined 63% share of total imports.
What are the leading importers of raw hides and skins of cattle from the Philippines?
+
In value terms, Japan remains the key foreign market for cattle hide and skin exports from the Philippines, comprising 83% of total exports. The second position in the ranking was taken by China, with a 15% share of total exports.
What is the average export price for raw hides and skins of cattle in the Philippines?
+
In 2021, the average cattle hide and skin export price amounted to $2,110 per ton, which is down by -72.1% against the previous year.
What is the average import price for raw hides and skins of cattle in the Philippines?
+
In 2021, the average cattle hide and skin import price amounted to $1,752 per ton, rising by 60% against the previous year.

This report provides an in-depth analysis of the market for cattle hide and skin in the Philippines. 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 2030.


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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Producing Animals Slaughtered, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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