Serbia: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Serbia

The Serbian cattle hide and skin market surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a mild downturn. Cattle hide and skin consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Serbia

In value terms, cattle hide and skin production declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of raw hides and skins of cattle in Serbia shrank slightly to X kg per head in 2022, leveling off at 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2015 to 2022, the growth of the average cattle hide and skin yield remained at a somewhat lower figure.

In 2022, the number of animals slaughtered for cattle hide and skin production in Serbia fell modestly to X heads, remaining stable against 2021 figures. Over the period under review, the number of producing animals recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Serbia

Cattle hide and skin exports from Serbia shrank dramatically to X tons in 2022, reducing by X% on the year before. Overall, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cattle hide and skin exports reduced rapidly to $X in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for cattle hide and skin exports from Serbia, with a X% share of total exports. Moreover, cattle hide and skin exports to Austria exceeded the volume sent to the second major destination, Slovenia (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Italy (X% per year).

In value terms, the largest markets for cattle hide and skin exported from Serbia were Austria ($X), Italy ($X) and Slovenia ($X), with a combined X% share of total exports. Bosnia and Herzegovina, Albania, Croatia and Turkey lagged somewhat behind, together accounting for a further X%.

Albania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (X%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Serbia

In 2022, overseas purchases 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. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports soared to $X in 2022. Over the period under review, imports, however, recorded a noticeable decrease. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), Slovakia (X tons) and Austria (X tons) were the main suppliers of cattle hide and skin imports to Serbia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cattle hide and skin suppliers to Serbia were Italy ($X), Slovakia ($X) and Austria ($X), together accounting for X% of total imports.

Among the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cattle hide and skin import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Montenegro ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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