Southern Asia: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Southern Asia

The South Asian cattle hide and skin market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a perceptible curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Raw Hides And Skins of Cattle in Southern Asia

In value terms, cattle hide and skin production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

India (X tons) constituted the country with the largest volume of cattle hide and skin production, comprising approx. X% of total volume. Moreover, cattle hide and skin production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold. The third position in this ranking was taken by Bangladesh (X tons), with a X% share.

In India, cattle hide and skin production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (X% per year) and Bangladesh (X% per year).

The average cattle hide and skin yield was estimated at X kg per head in 2022, remaining constant against the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X%. The level of yield peaked at X kg per head in 2013; however, from 2014 to 2022, the yield remained at a lower figure.

In 2022, the number of animals slaughtered for cattle hide and skin production in Southern Asia contracted to X heads, shrinking by X% against 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 somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2021, and then declined modestly in the following year.

Exports of Raw Hides And Skins of Cattle

Exports in Southern Asia

In 2022, overseas shipments of raw hides and skins of cattle increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin exports surged to $X in 2022. Over the period under review, exports posted a resilient expansion. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan was the main exporter of raw hides and skins of cattle in Southern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. India (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Pakistan (X%).

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

In value terms, Afghanistan ($X) remains the largest cattle hide and skin supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In Afghanistan, cattle hide and skin exports expanded 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: India (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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 export price decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

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

Imports of Raw Hides And Skins of Cattle

Imports in Southern Asia

Cattle hide and skin imports surged to X tons in 2022, increasing by X% on the year before. Total imports indicated a moderate expansion 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

India dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Pakistan (X tons), creating a X% share of total imports.

India was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported raw hides and skins of cattle in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total imports.

In India, cattle hide and skin imports plunged by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Source: IndexBox Platform

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