Africa: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Africa

The African cattle hide and skin market contracted to $X in 2021, remaining stable against the previous year. Over the period under review, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Africa

In value terms, cattle hide and skin production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the production volume increased by 8.8% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The countries with the highest volumes of production in 2021 were South Africa (X tons), Tanzania (X tons) and Zimbabwe (X tons), together comprising 31% of total production.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +6.4%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average yield of raw hides and skins of cattle in Africa totaled X kg per head, standing approx. at the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 4%. Over the period under review, the cattle hide and skin yield hit record highs at X kg per head in 2015; however, from 2016 to 2021, the yield remained at a lower figure.

In 2021, approx. X heads of animals slaughtered for cattle hide and skin production in Africa; increasing by 2.3% against 2020. This number increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 2.9% against the previous year. Over the period under review, this number reached the peak level in 2021 and is likely to see gradual growth in the near future.

Exports of Raw Hides And Skins of Cattle

Exports in Africa

In 2021, overseas shipments of raw hides and skins of cattle increased by 29% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 31%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, cattle hide and skin exports surged to $X in 2021. In general, exports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 28%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, South Africa (X tons) represented the main exporter of raw hides and skins of cattle, achieving 31% of total exports. It was distantly followed by Nigeria (X tons), Sudan (X tons), Benin (X tons), Tunisia (X tons) and Libya (X tons), together creating a 43% share of total exports. Botswana (X tons), Rwanda (X tons), Ghana (X tons), Niger (X tons) and Ethiopia (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cattle hide and skin exports from South Africa stood at -1.2%. At the same time, Niger (+94.9%), Benin (+72.1%), Ghana (+65.3%), Nigeria (+62.0%), Ethiopia (+46.3%), Libya (+14.5%), Tunisia (+11.8%) and Sudan (+6.3%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Africa, with a CAGR of +94.9% from 2012-2021. By contrast, Botswana (-8.9%) and Rwanda (-9.0%) illustrated a downward trend over the same period. While the share of Nigeria (+12 p.p.), Benin (+8 p.p.), Libya (+4.9 p.p.), Tunisia (+4.8 p.p.), Sudan (+4.4 p.p.), Ghana (+4 p.p.), Niger (+3.8 p.p.) and Ethiopia (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Botswana (-4.7 p.p.) and Rwanda (-4.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Nigeria ($X) and Sudan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 58% share of total exports. Ghana, Benin, Tunisia, Libya, Rwanda, Niger, Botswana and Ethiopia lagged somewhat behind, together comprising a further 26%.

Among the main exporting countries, Niger, with a CAGR of +74.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, falling by -2.4% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2013 when the export price increased by 14%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sudan (+6.7%), while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in Africa

In 2021, overseas purchases of raw hides and skins of cattle decreased by -19.4% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 130%. As a result, imports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, cattle hide and skin imports dropped rapidly to $X in 2021. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 130%. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

Nigeria prevails in imports structure, finishing at X tons, which was near 89% of total imports in 2021. South Africa (X tons) and Kenya (X tons) held a minor share of total imports.

Nigeria was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of +58.8% from 2012 to 2021. At the same time, Kenya (+13.6%) displayed positive paces of growth. By contrast, South Africa (-8.7%) illustrated a downward trend over the same period. Nigeria (+83 p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by -32.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported raw hides and skins of cattle in Africa, comprising 90% of total imports. The second position in the ranking was taken by Kenya ($X), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Nigeria amounted to +53.7%. In the other countries, the average annual rates were as follows: Kenya (+3.6% per year) and South Africa (-19.8% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, with a decrease of -6.1% against the previous year. In general, the import price continues to indicate a slight descent. The pace of growth appeared the most rapid in 2013 when the import price increased by 9.8%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nigeria ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (-3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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