Scandinavia: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Scandinavia

In 2022, the Scandinavia cattle hide and skin market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption showed a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Scandinavia

In value terms, cattle hide and skin production declined to $X in 2022 estimated in export price. Over the period under review, production saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sweden (X tons) remains the largest cattle hide and skin producing country in Scandinavia, accounting for X% of total volume. Moreover, cattle hide and skin production in Sweden exceeded the figures recorded by the second-largest producer, Finland (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Sweden amounted to X%. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

In 2022, the average yield of raw hides and skins of cattle in Scandinavia fell to X kg per head, which is down by X% on 2021. The yield indicated a tangible increase from 2012 to 2022: its figure 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, cattle hide and skin yield increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then declined in the following year.

In 2022, number of animals slaughtered for cattle hide and skin production in Scandinavia reached X heads, almost unchanged from the previous year. In general, the number of producing animals continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2015; however, from 2016 to 2022, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in Scandinavia

In 2022, exports of raw hides and skins of cattle in Scandinavia dropped modestly to X tons, which is down by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced modestly in the following year.

In value terms, cattle hide and skin exports contracted modestly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden represented the largest exporter of raw hides and skins of cattle in Scandinavia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Norway (X tons) ranks second in terms of the total exports with a X% share, followed by Finland (X%).

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of exports in 2022.

Norway, with a CAGR of X%, recorded 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 a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Imports of Raw Hides And Skins of Cattle

Imports in Scandinavia

In 2022, supplies from abroad of raw hides and skins of cattle was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cattle hide and skin imports expanded remarkably to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) represented the key importer of raw hides and skins of cattle, creating X% of total imports. It was distantly followed by Norway (X tons), generating a X% share of total imports. Finland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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