Brazil: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Brazil

In 2021, the Brazilian cattle hide and skin market increased by 11% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, continues to indicate a deep contraction. 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 Brazil

In value terms, cattle hide and skin production soared to $X in 2021 estimated in export price. In general, production saw a drastic downturn. Cattle hide and skin production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

The average yield of raw hides and skins of cattle in Brazil rose remarkably to X kg per head in 2021, increasing by 5.4% on 2020. Over the period under review, the yield indicated notable growth from 2012 to 2021: its figure increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cattle hide and skin yield increased by +52.4% against 2012 indices. The growth pace was the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, the average cattle hide and skin yield hit record highs in 2021 and is expected to retain growth in years to come.

In 2021, approx. X heads of animals slaughtered for cattle hide and skin production in Brazil; with a decrease of -7.3% on 2020. In general, the number of producing animals showed a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of 3.8% against the previous year. Over the period under review, this number hit record highs at X heads in 2013; however, from 2014 to 2021, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Brazil

In 2021, overseas shipments of raw hides and skins of cattle decreased by -57.2% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of 227% against the previous year. The exports peaked at X tons in 2020, and then shrank markedly in the following year.

In value terms, cattle hide and skin exports rose notably to $X in 2021. Overall, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2013 with an increase of 224% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X tons), Thailand (X tons) and Uruguay (X tons) were the main destinations of cattle hide and skin exports from Brazil, together accounting for 78% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +255.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cattle hide and skin exported from Brazil were Hong Kong SAR ($X), Thailand ($X) and Uruguay ($X), together comprising 68% of total exports. China, Nigeria and Paraguay lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, Nigeria, with a CAGR of +304.4%, recorded the highest growth rate of 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 average cattle hide and skin export price stood at $X per ton in 2021, jumping by 164% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. Over the period under review, the average export prices reached the maximum 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 destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nigeria ($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 Nigeria (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Hides And Skins of Cattle

Imports into Brazil

Cattle hide and skin imports into Brazil surged to X tons in 2021, jumping by 142% against the previous year. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 212% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, cattle hide and skin imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 607% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Uruguay (X tons), the United States (X tons) and Argentina (X tons) were the main suppliers of cattle hide and skin imports to Brazil, together accounting for 86% of total imports. These countries were followed by Bolivia, South Africa and Colombia, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +275.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cattle hide and skin suppliers to Brazil were the United States ($X), Uruguay ($X) and Argentina ($X), with a combined 93% share of total imports. Bolivia, South Africa and Colombia lagged somewhat behind, together comprising a further 6.4%.

In terms of the main suppliers, South Africa, with a CAGR of +168.3%, 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 more modest paces of growth.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, growing by 20% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 127% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :