Guinea-Bissau: Market for Raw Hides And Skins Of Cattle 2019

Market Size for Raw Hides And Skins Of Cattle in Guinea-Bissau

The revenue of the bovine hide and skin market in Guinea-Bissau amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, bovine hide and skin consumption, however, continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Guinea-Bissau bovine hide and skin consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Production of Raw Hides And Skins Of Cattle in Guinea-Bissau

In value terms, bovine hide and skin production amounted to $X in 2018 estimated in export prices. Overall, bovine hide and skin production continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2012 when production volume increased by X% against the previous year. Guinea-Bissau bovine hide and skin production peaked at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Exports of Raw Hides And Skins Of Cattle

Exports from Guinea-Bissau

Bovine hide and skin exports from Guinea-Bissau amounted to X units in 2018, growing by X% against the previous year. Over the period under review, bovine hide and skin exports, however, continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, bovine hide and skin exports attained their peak figure at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, bovine hide and skin exports amounted to $X in 2018. In general, bovine hide and skin exports, however, continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Guinea-Bissau exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. was the largest exporter of raw hides and skins of cattle in the world, with the volume of exports reaching X units, which was approx. X% of total exports in 2018. It was distantly followed by Australia (X units), Germany (X units) and France (X units), together making up a X% share of total exports. The following exporters - the Netherlands (X units), Canada (X units), Italy (X units), the UK (X units), Austria (X units), Spain (X units), Ireland (X units) and Belgium (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to bovine hide and skin exports from the U.S. stood at -X%. At the same time, the UK (+X%), Belgium (+X%), Austria (+X%), Germany (+X%), Spain (+X%), Ireland (+X%), Australia (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The Netherlands experienced a relatively flat trend pattern. By contrast, France (-X%) and Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the UK increased by +X% percentage points, while France (-X p.p.), Canada (-X p.p.) and 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. ($X) remains the largest bovine hide and skin supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled -X%. In the other countries, the average annual rates were as follows: France (-X% per year) and Australia (-X% per year).

Export Prices by Country

In 2018, the bovine hide and skin export price in Guinea-Bissau amounted to $X per unit, coming down by -X% against the previous year. Overall, the bovine hide and skin export price continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Guinea-Bissau export price peaked at $X per unit in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Imports of Raw Hides And Skins Of Cattle

Imports by Country

China represented the largest importer of raw hides and skins of cattle in the world, with the volume of imports resulting at X units, which was approx. X% of total imports in 2018. It was distantly followed by Italy (X units), South Korea (X units) and Mexico (X units), together mixing up a X% share of total imports. Germany (X units), the Netherlands (X units), Austria (X units), Thailand (X units), Vietnam (X units) and Turkey (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to bovine hide and skin imports into China stood at +X%. At the same time, Vietnam (+X%), the Netherlands (+X%), Mexico (+X%), Austria (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, Italy (-X%), South Korea (-X%) and Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Mexico and the Netherlands increased by +X%, +X% and +X% percentage points, while Italy (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bovine hide and skin importing markets into Guinea-Bissau were China ($X), Italy ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by Germany, Thailand, the Netherlands, Mexico, Austria, Turkey and Vietnam, which together accounted for a further X Netherlands experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The bovine hide and skin import price in Guinea-Bissau stood at $X per unit in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the bovine hide and skin import price continues to indicate a relatively flat trend pattern.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform