U.S. - Raw Hides And Skins Of Cattle - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cattle Hide and Skin in the United States - 2023
Contents:
- Price for Cattle Hide and Skin in the United States (FOB) - 2023
- Price for Cattle Hide and Skin in the United States (CIF) - 2022
- Exports of Cattle Hide and Skin in the United States
- Imports of Cattle Hide and Skin in the United States
Price for Cattle Hide and Skin in the United States (FOB) - 2023
The average cattle hide and skin export price stood at $3,567 per ton in September 2023, with an increase of 1.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in January 2023 an increase of 15% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,683 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were South Korea ($4,349 per ton) and Brazil ($4,202 per ton), while the average price for exports to Mexico ($3,230 per ton) and China ($3,617 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle Hide and Skin in the United States (CIF) - 2022
The average cattle hide and skin import price stood at $491 per ton in 2022, which is down by -46.3% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of 6.8%. Over the period under review, average import prices hit record highs at $2,592 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($894 per ton), while the price for Colombia ($337 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-11.1%), while the prices for the other major suppliers experienced a decline.
Exports of Cattle Hide and Skin in the United States
In 2022, approx. 582K tons of raw hides and skins of cattle were exported from the United States; with a decrease of -18.8% on 2021 figures. Over the period under review, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports attained the peak of 717K tons, and then reduced remarkably in the following year.
In value terms, cattle hide and skin exports reduced to $876M in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, the exports reached the peak of $958M, and then shrank in the following year.
| Export of Cattle Hide and Skin in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 400 | 369 | 579 | 498 | 7.6% |
| Mexico | 96.7 | 69.7 | 119 | 118 | 6.9% |
| South Korea | 139 | 64.3 | 125 | 99.0 | -10.7% |
| Thailand | 52.3 | 24.5 | 55.3 | 66.7 | 8.4% |
| Brazil | 7.7 | 8.8 | 23.5 | 24.3 | 46.7% |
| Turkey | 1.4 | 3.3 | 1.0 | 13.9 | 114.9% |
| Japan | 12.4 | 3.3 | 9.5 | 9.6 | -8.2% |
| Taiwan (Chinese) | 16.3 | 8.1 | 18.0 | 9.1 | -17.7% |
| Others | 39.2 | 25.8 | 27.8 | 37.2 | -1.7% |
| Total | 765 | 577 | 958 | 876 | 4.6% |
Top Export Markets for Cattle Hide and Skin from the United States in 2022:
- China (328.9K tons)
- Mexico (76.2K tons)
- South Korea (65.6K tons)
- Thailand (45.3K tons)
- Brazil (16.5K tons)
- Turkey (9.4K tons)
- Japan (9.1K tons)
- Taiwan (Chinese) (6.3K tons)
Imports of Cattle Hide and Skin in the United States
After three years of growth, supplies from abroad of raw hides and skins of cattle decreased by -27.6% to 17K tons in 2022. In general, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of 24K tons, and then fell dramatically in the following year.
In value terms, cattle hide and skin imports declined dramatically to $8.4M in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports attained the peak of $22M, and then contracted dramatically in the following year.
| Import of Cattle Hide and Skin in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.8 | 8.5 | 14.8 | 4.1 | -19.3% |
| Brazil | 0.9 | 0.6 | 1.4 | 1.8 | 26.0% |
| Belgium | 1.4 | 1.0 | 0.6 | 0.6 | -24.6% |
| Mexico | 0.2 | 1.7 | 3.0 | 0.3 | 14.5% |
| Italy | 0.4 | 0.2 | 0.1 | 0.2 | -20.6% |
| Slovenia | N/A | 0.1 | 0.6 | 0.2 | 41.4% |
| Colombia | 0.1 | 0.3 | 0.5 | 0.2 | 26.0% |
| Others | 1.8 | 0.6 | 0.6 | 1.1 | -15.1% |
| Total | 12.6 | 13.0 | 21.6 | 8.4 | -12.6% |
Top Suppliers of Cattle Hide and Skin to the United States in 2022:
- Canada (8.3K tons)
- Brazil (5.0K tons)
- Belgium (1.6K tons)
- Italy (0.4K tons)
- Mexico (0.4K tons)
- Slovenia (0.4K tons)
- Colombia (0.4K tons)
This report provides an in-depth analysis of the market for cattle hide and skin in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 919 - Cattle hides, fresh
- FCL 957 - Buffalo hides, fresh
- FCL 1102 - Horse hides, fresh
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, raw hides and skins of bovine imports stood at $X in 2016. In general, raw hides and skins of bovine imports continue to indicate a relatively flat trend pattern. Over the period un...
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In value terms, fresh raw hides and skins imports amounted to $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value decreased at an average annual rate of -X>
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In value terms, raw hides and skins of bovine exports stood at $X in 2016. In general, raw hides and skins of bovine exports continue to indicate a relatively flat trend pattern. Global raw hides a...
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In value terms, fresh raw hides and skins exports totaled $X in 2016. Overall, it indicated a modest growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% o...
