Overview of the Global Market for Raw Hides And Skins of Cattle

Market Size for Raw Hides And Skins of Cattle

The global cattle hide and skin market shrank to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption showed a pronounced descent. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Over the period under review, the global market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle

In value terms, cattle hide and skin production contracted to $X in 2019 estimated in export prices. In general, production showed a abrupt curtailment. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

The country with the largest volume of cattle hide and skin production was China (X tonnes), accounting for X% of total volume. Moreover, cattle hide and skin production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), threefold. Brazil (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+X% per year) and Brazil (+X% per year).

In 2019, the global average cattle hide and skin yield declined slightly to X kg per head, flattening at 2018 figures. 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% year-to-year. As a result, the yield reached the peak level of X kg per head. From 2018 to 2019, the growth of the average cattle hide and skin yield remained at a somewhat lower figure.

In 2019, global number of animals slaughtered for cattle hide and skin production stood at X heads, remaining relatively unchanged against the previous year's figure. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the number of producing animals increased by X% against the previous year. The global producing animals peaked in 2019 and is likely to see steady growth in the immediate term.

Production By Country

The country with the largest volume of cattle hide and skin production was China (X tonnes), accounting for X% of total volume. Moreover, cattle hide and skin production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Brazil (+X% per year).

Exports of Raw Hides And Skins of Cattle

Exports

In 2019, the amount of raw hides and skins of cattle exported worldwide fell to X tonnes, which is down by -X% on the previous year. Over the period under review, exports recorded a mild contraction. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Global exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, cattle hide and skin exports dropped significantly to $X in 2019. Overall, exports saw a pronounced slump. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Global exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. represented the main exporting country with an export of about X tonnes, which reached X% of total exports. Germany (X tonnes) took the second position in the ranking, followed by Australia (X tonnes), France (X tonnes) and Canada (X tonnes). All these countries together occupied near X% share of total exports. Italy (X tonnes), the Netherlands (X tonnes), the UK (X tonnes), Ireland (X tonnes), Spain (X tonnes), Poland (X tonnes), Austria (X tonnes) and Belgium (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to cattle hide and skin exports from the U.S. stood at -X%. At the same time, Poland (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. Germany, Ireland, Spain, Belgium, Austria and Italy experienced a relatively flat trend pattern. By contrast, Canada (-X%), Australia (-X%), France (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Poland increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest cattle hide and skin supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In the U.S., cattle hide and skin exports declined by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: France (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Global export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports

In 2019, the amount of raw hides and skins of cattle imported worldwide contracted to X tonnes, declining by -X% on the previous year. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Global imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, cattle hide and skin imports fell to $X in 2019. Over the period under review, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, global imports reached the peak figure at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

China represented the major importing country with an import of about X tonnes, which accounted for X% of total imports. Italy (X tonnes) occupied the second position in the ranking, distantly followed by South Korea (X tonnes). All these countries together took approx. X% share of total imports. Mexico (X tonnes), Germany (X tonnes), Viet Nam (X tonnes), Thailand (X tonnes), Austria (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to cattle hide and skin imports into China stood at +X%. At the same time, Viet Nam (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. The Netherlands experienced a relatively flat trend pattern. By contrast, Italy (-X%), Germany (-X%), Austria (-X%), Thailand (-X%) and South Korea (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Viet Nam (+X p.p.) significantly strengthened its position in terms of the global imports, while South Korea saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported raw hides and skins of cattle worldwide, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Viet Nam, with a X% share.

In China, cattle hide and skin imports increased at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Viet Nam (+X% per year).

Import Prices by Country

In 2019, the average cattle hide and skin import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Viet Nam ($X per tonne), while Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in the world?

+

The country with the largest volume of cattle hide and skin consumption was China (3.8M tonnes), comprising approx. 35% of total volume. Moreover, cattle hide and skin consumption in China exceeded the figures recorded by the second-largest consumer, Brazil (1M tonnes), fourfold. India (543K tonnes) ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of raw hides and skins of cattle in the world?

+

China (3M tonnes) remains the largest cattle hide and skin producing country worldwide, accounting for 27% of total volume. Moreover, cattle hide and skin production in China exceeded the figures recorded by the second-largest producer, the U.S. (1.1M tonnes), threefold. Brazil (1M tonnes) ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of raw hides and skins of cattle in the world?

+

In value terms, the U.S. ($804M) remains the largest cattle hide and skin supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by France ($206M), with a 7.6% share of global exports. It was followed by the Netherlands, with a 6.9% share.

What are the leading importers of raw hides and skins of cattle in the world?

+

In value terms, China ($1.6B) constitutes the largest market for imported raw hides and skins of cattle worldwide, comprising 45% of global imports. The second position in the ranking was occupied by Italy ($665M), with a 18% share of global imports. It was followed by Viet Nam, with a 4.7% share.

What is the average export price for raw hides and skins of cattle in the world?

+

In 2019, the average cattle hide and skin export price amounted to $1,295 per tonne, reducing by -23.7% against the previous year.

What is the average import price for raw hides and skins of cattle in the world?

+

The average cattle hide and skin import price stood at $1,571 per tonne in 2019, declining by -9.1% against the previous year.