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 dropped to $X in 2020, falling by -X% against the previous year. In general, consumption showed a noticeable decline. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the global market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle

In value terms, cattle hide and skin production declined sharply to $X in 2020 estimated in export prices. Overall, production saw a abrupt descent. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Global production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

The countries with the highest volumes of cattle hide and skin production in 2020 were China (X tonnes), the U.S. (X tonnes) and Brazil (X tonnes), with a combined X% share of global production. India, Argentina, Pakistan, Australia, Mexico and Russia lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Pakistan, while cattle hide and skin production for the other global leaders experienced more modest paces of growth.

In 2020, the global average yield of raw hides and skins of cattle totaled X kg per head, almost unchanged from the previous year's figure. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, the yield attained the peak level of X kg per head. from 2018 to 2020, the growth of the average cattle hide and skin yield failed to regain the momentum.

In 2020, the number of animals slaughtered for cattle hide and skin production worldwide amounted to X heads, approximately mirroring the previous year's figure. Overall, the number of producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, this number reached the peak level in 2020 and is expected to retain growth in years to come.

Production By Country

The countries with the highest volumes of cattle hide and skin production in 2020 were China (X tonnes), the U.S. (X tonnes) and Brazil (X tonnes), together comprising X% of global production. India, Argentina, Pakistan, Australia, Mexico and Russia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of cattle hide and skin production, amongst the main producing countries, was attained by Pakistan, while cattle hide and skin production for the other global leaders experienced more modest paces of growth.

Exports of Raw Hides And Skins of Cattle

Exports

For the third year in a row, the global market recorded decline in shipments abroad of raw hides and skins of cattle, which decreased by -X% to X tonnes in 2020. Over the period under review, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, global exports attained the maximum at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, cattle hide and skin exports fell rapidly to $X in 2020. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Global exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. represented the key exporting country with an export of about X tonnes, which reached X% of total exports. Australia (X tonnes) ranks second in terms of the total exports with a X% share, followed by Germany (X%), Canada (X%), France (X%), Italy (X%) and the Netherlands (X%). The following exporters - the UK (X tonnes), Ireland (X tonnes), Austria (X tonnes), Poland (X tonnes), Spain (X tonnes) and Belgium (X tonnes) - together made up X% of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Poland (+X%), Australia (+X%), the UK (+X%), Austria (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Ireland, Germany and Spain experienced a relatively flat trend pattern. By contrast, Canada (-X%), Belgium (-X%), the Netherlands (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of France (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at -X%. In the other countries, the average annual rates were as follows: the Netherlands (-X% per year) and France (-X% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. Global export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

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 2020, 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

After two years of decline, supplies from abroad of raw hides and skins of cattle increased by X% to X tonnes in 2020. Over the period under review, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Global imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports declined significantly to $X in 2020. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

China represented the key importing country with an import of about X tonnes, which recorded X% of total imports. It was distantly followed by Italy (X tonnes), generating a X% share of total imports. The following importers - South Korea (X tonnes), Nigeria (X tonnes), Turkey (X tonnes), Germany (X tonnes), Austria (X tonnes), the Netherlands (X tonnes) and Thailand (X tonnes) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to cattle hide and skin imports into China stood at +X%. At the same time, Nigeria (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. The Netherlands experienced a relatively flat trend pattern. By contrast, Italy (-X%), Austria (-X%), Germany (-X%), Thailand (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Nigeria (+X p.p.) and Turkey (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of Italy (-X p.p.), Thailand (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of global imports. These countries were followed by Nigeria, the Netherlands, Austria, Germany, Turkey and Thailand, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Import Prices by Country

The average cattle hide and skin import price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2010 when the average import price increased by X% y-o-y. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform