Asia: Cows Skin Market 2025

Cows Skin Market Size in Asia

After two years of decline, the Asian cows skin market increased by 2.8% to $X in 2021. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -31.0% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Cows Skin Production in Asia

In value terms, cows skin production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

China (X tons) constituted the country with the largest volume of cows skin production, comprising approx. 35% of total volume. Moreover, cows skin production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Indonesia (X tons) ranked third in terms of total production with a 6.8% share.

In China, cows skin production increased at an average annual rate of +6.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+5.2% per year) and Indonesia (+6.2% per year).

Cows Skin Exports

Exports in Asia

In 2021, after three years of decline, there was significant growth in shipments abroad of raw hides and skins of bovine animals, when their volume increased by 12% to X tons. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 59% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, cows skin exports expanded rapidly to $X in 2021. Over the period under review, exports showed mild growth. The growth pace was the most rapid in 2013 with an increase of 52% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, China (X tons) and Hong Kong SAR (X tons) were the largest exporters of raw hides and skins of bovine animals in Asia, together finishing at approx. 64% of total exports. It was distantly followed by Japan (X tons) and Saudi Arabia (X tons), together creating a 16% share of total exports. Kazakhstan (X tons), Thailand (X tons), Kyrgyzstan (X tons), Yemen (X tons) and Vietnam (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kyrgyzstan (with a CAGR of +48.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cows skin supplying countries in Asia were China ($X), Hong Kong SAR ($X) and Saudi Arabia ($X), with a combined 75% share of total exports. Japan, Thailand, Kazakhstan, Vietnam, Yemen and Kyrgyzstan lagged somewhat behind, together comprising a further 18%.

Kyrgyzstan, with a CAGR of +35.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 6.5%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+10.5%), while the other leaders experienced mixed trends in the export price figures.

Cows Skin Imports

Imports in Asia

In 2021, purchases abroad of raw hides and skins of bovine animals increased by 41% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a mild contraction. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, cows skin imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt shrinkage. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of cows skin imports in 2021 were Japan (X tons), Indonesia (X tons), Turkey (X tons), Thailand (X tons), China (X tons), India (X tons) and Cambodia (X tons), together accounting for 96% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cambodia (with a CAGR of +31.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cows skin importing markets in Asia were Indonesia ($X), Japan ($X) and Thailand ($X), with a combined 63% share of total imports.

Indonesia, with a CAGR of +29.0%, recorded 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 12% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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