Bangladesh: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Bangladesh

The Bangladeshi cattle hide and skin market reduced slightly to $X in 2021, falling by -1.8% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Cattle hide and skin consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Bangladesh

In value terms, cattle hide and skin production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

The average yield of raw hides and skins of cattle in Bangladesh stood at X kg per head in 2021, therefore, remained relatively stable against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 0.8%. The cattle hide and skin yield peaked at X kg per head in 2017; however, from 2018 to 2021, the yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for cattle hide and skin production in Bangladesh; approximately equating the previous year's figure. Overall, the number of producing animals recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 0.9%. Over the period under review, this number reached the peak level in 2021 and is likely to continue growth in the near future.

Exports of Raw Hides And Skins of Cattle

Exports from Bangladesh

In 2021, approx. X tons of raw hides and skins of cattle were exported from Bangladesh; therefore, remained relatively stable against 2020 figures. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2017 when exports increased by 2,023%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, cattle hide and skin exports rose notably to $X in 2021. In general, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2017 with an increase of 1,416%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for cattle hide and skin exports from Bangladesh, with a 89% share of total exports. Moreover, cattle hide and skin exports to Spain exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +24.9%.

In value terms, Spain ($X) remains the key foreign market for raw hides and skins of cattle exports from Bangladesh, comprising 90% of total exports. The second position in the ranking was held by France ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +33.9%.

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, increasing by 8.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 40%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+227.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Hides And Skins of Cattle

Imports into Bangladesh

For the fourth consecutive year, Bangladesh recorded decline in overseas purchases of raw hides and skins of cattle, which decreased by -28% to X tons in 2021. In general, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 267% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, cattle hide and skin imports declined rapidly to $X in 2021. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 705% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) was the main supplier of cattle hide and skin to Bangladesh, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at +34.8%.

In value terms, India ($X) constituted the largest supplier of raw hides and skins of cattle to Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +54.3%.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period under review, the import price enjoyed measured growth. The pace of growth was the most pronounced in 2015 an increase of 119%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +14.4% per year.

Source: IndexBox Platform

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