Belgium: Cows Skin Market 2025

Cows Skin Market Size in Belgium

In 2021, after two years of decline, there was significant growth in the Belgian cows skin market, when its value increased by 17% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cows Skin Production in Belgium

In value terms, cows skin production surged to $X in 2021 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -39.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 82%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Cows Skin Exports

Exports from Belgium

In 2021, after two years of growth, there was significant decline in shipments abroad of raw hides and skins of bovine animals, when their volume decreased by -31.2% to X tons. Overall, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cows skin exports fell rapidly to $X in 2021. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 152%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Togo (X tons) and Nigeria (X tons) were the main destinations of cows skin exports from Belgium, together comprising 73% of total exports.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +60.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for raw hides and skins of bovine animals exports from Belgium, comprising 72% of total exports. The second position in the ranking was taken by Togo ($X), with an 8.6% share of total exports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (+27.8% per year) and France (-4.9% per year).

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, picking up by 8.4% against the previous year. Overall, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 34% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cows Skin Imports

Imports into Belgium

In 2021, imports of raw hides and skins of bovine animals into Belgium skyrocketed to X tons, picking up by 1,786% on 2020 figures. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cows skin imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ireland (X tons) constituted the largest supplier of cows skin to Belgium, accounting for a 57% share of total imports. Moreover, cows skin imports from Ireland exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), twofold. Germany (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (0.0% per year) and Germany (+11.2% per year).

In value terms, the largest cows skin suppliers to Belgium were Ireland ($X), Germany ($X) and France ($X), together comprising 87% of total imports.

Among the main suppliers, Ireland, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cows skin import price stood at $X per ton in 2021, shrinking by -80.5% against the previous year. In general, the import price showed a significant decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 616% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+25.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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