South Africa: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in South Africa

The South African cattle hide and skin market dropped to $X in 2022, leveling off at the previous year. Over the period under review, consumption saw a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Raw Hides And Skins of Cattle in South Africa

In value terms, cattle hide and skin production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average yield of raw hides and skins of cattle in South Africa stood at X kg per head, leveling off at the previous year. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2020 to 2022, the growth of the average cattle hide and skin yield failed to regain momentum.

The number of animals slaughtered for cattle hide and skin production in South Africa reduced to X heads in 2022, approximately equating 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, this number reached the maximum level at X heads in 2016; however, from 2017 to 2022, producing animals stood at a somewhat lower figure.

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Exports of Raw Hides And Skins of Cattle

Exports from South Africa

In 2022, overseas shipments of raw hides and skins of cattle increased by less than X% to X tons, rising for the third year in a row after four years of decline. Over the period under review, exports, however, saw a slight setback. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports contracted to $X in 2022. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. 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

Turkey (X tons), China (X tons) and Italy (X tons) were the main destinations of cattle hide and skin exports from South Africa, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Italy ($X) constituted the largest markets for cattle hide and skin exported from South Africa worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into South Africa

Cattle hide and skin imports into South Africa contracted to X tons in 2022, which is down by X% compared with 2021. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, cattle hide and skin imports surged to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of cattle hide and skin to South Africa, accounting for a X% share of total imports. Moreover, cattle hide and skin imports from Argentina exceeded the figures recorded by the second-largest supplier, Zimbabwe (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Brazil (X% per year).

In value terms, Argentina ($X) constituted the largest supplier of raw hides and skins of cattle to South Africa, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Mozambique (X% per year).

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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