Report Update Nov 1, 2024

Azerbaijan - Raw Hides and Skins of Cattle - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Azerbaijan

The Azerbaijani cattle hide and skin market dropped to $X in 2021, shrinking by -8% against the previous year. Over the period under review, consumption recorded a perceptible decrease. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Azerbaijan

In value terms, cattle hide and skin production totaled $X in 2021 estimated in export price. In general, production, however, showed a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 118% against the previous year. Cattle hide and skin production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

The average yield of raw hides and skins of cattle in Azerbaijan totaled X kg per head in 2021, approximately equating 2020 figures. Over the period under review, the yield showed a relatively flat trend pattern. Over the period under review, the average cattle hide and skin yield hit record highs in 2021 and is expected to retain growth in the near future.

In 2021, approx. X heads of animals slaughtered for cattle hide and skin production in Azerbaijan; flattening at the year before. This number increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 6% against the previous year. Over the period under review, this number reached the maximum level in 2021 and is expected to retain growth in years to come.

Exports of Raw Hides And Skins of Cattle

Exports from Azerbaijan

In 2021, approx. X tons of raw hides and skins of cattle were exported from Azerbaijan; jumping by 211% compared with the year before. Over the period under review, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin exports surged to $X in 2021. In general, exports posted a mild expansion. The most prominent rate of growth was recorded in 2016 with an increase of 351% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for cattle hide and skin exports from Azerbaijan, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +16.0%.

In value terms, Turkey ($X) also remains the key foreign market for raw hides and skins of cattle exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2021, shrinking by -18.9% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -13.1% per year.

Imports of Raw Hides And Skins of Cattle

Imports into Azerbaijan

In 2021, supplies from abroad of raw hides and skins of cattle increased by 197% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin imports soared to $X in 2021. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 226%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Iran (X tons) was the main cattle hide and skin supplier to Azerbaijan, accounting for a 100% share of total imports. It was followed by Turkey (X kg), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Iran totaled +202.5%.

In value terms, Iran ($X) constituted the largest supplier of raw hides and skins of cattle to Azerbaijan, comprising 100% of total imports. The second position in the ranking was taken by Turkey ($X), with a 0.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Iran stood at +123.6%.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, waning by -26.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Iran totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of cattle in the world?

China constituted the country with the largest volume of cattle hide and skin consumption, accounting for 25% of total volume. Moreover, cattle hide and skin consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, twofold. The United States ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of raw hides and skins of cattle in the world?

The countries with the highest volumes of cattle hide and skin production in 2021 were China, the United States and Brazil, together accounting for 39% of global production. India, Argentina, Pakistan, Australia, Mexico and Russia lagged somewhat behind, together accounting for a further 22%.

What are the leading suppliers of raw hides and skins of cattle to Azerbaijan?

In value terms, Iran constituted the largest supplier of cattle hide and skin to Azerbaijan.

What are the leading importers of raw hides and skins of cattle from Azerbaijan?

In value terms, Turkey remains the key foreign market for cattle hide and skin exports from Azerbaijan, comprising 93% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 7.2% share of total exports.

What is the average export price for raw hides and skins of cattle in Azerbaijan?

In 2021, the average cattle hide and skin export price amounted to $1,071 per ton, rising by 7.1% against the previous year.

What is the average import price for raw hides and skins of cattle in Azerbaijan?

The average cattle hide and skin import price stood at $4,622 per ton in 2021, picking up by 121% against the previous year.

This report provides an in-depth analysis of the market for cattle hide and skin in Azerbaijan. 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:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023