Report Update Feb 1, 2025

Bulgaria - Raw Hides and Skins of Bovine Animals - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Cows Skin Market 2025

Cows Skin Market Size in Bulgaria

In 2021, the Bulgarian cows skin market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Cows Skin Production in Bulgaria

In value terms, cows skin production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 95% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Cows Skin Exports

Exports from Bulgaria

Cows skin exports from Bulgaria skyrocketed to X tons in 2019, with an increase of 236% compared with the year before. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 250% against the previous year. Over the period under review, the exports reached the maximum in 2019 and are expected to retain growth in the near future.

In value terms, cows skin exports skyrocketed to $X in 2019. Overall, exports, however, continue to indicate a deep contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for cows skin exports from Bulgaria, accounting for a 93% share of total exports. Moreover, cows skin exports to Italy exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to Italy amounted to +34.4%.

In value terms, Italy ($X) remains the key foreign market for raw hides and skins of bovine animals exports from Bulgaria, comprising 70% of total exports. The second position in the ranking was taken by Turkey ($X), with a 2.1% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Italy totaled +13.7%.

Export Prices by Country

The average cows skin export price stood at $X per ton in 2019, surging by 84% against the previous year. Over the period under review, the export price, however, faced a abrupt setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-15.4%).

Cows Skin Imports

Imports into Bulgaria

Cows skin imports into Bulgaria skyrocketed to X tons in 2019, jumping by 317% compared with the previous year. Over the period under review, imports, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 538%. Imports peaked at X tons in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, cows skin imports soared to $X in 2019. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2016 when imports increased by 721% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Romania (X tons) constituted the largest cows skin supplier to Bulgaria, with a 72% share of total imports. Moreover, cows skin imports from Romania exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold.

From 2012 to 2019, the average annual rate of growth in terms of volume from Romania amounted to -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+54.9% per year) and Turkey (-7.7% per year).

In value terms, the largest cows skin suppliers to Bulgaria were Romania ($X), Italy ($X) and Turkey ($X), together comprising 98% of total imports.

Among the main suppliers, Romania, with a CAGR of +5.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average cows skin import price amounted to $X per ton, with an increase of 9.7% against the previous year. Overall, the import price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2013 an increase of 111%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2019, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Romania (+13.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest cows skin consuming country worldwide, accounting for 17% of total volume. Moreover, cows skin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.4% share.

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

China constituted the country with the largest volume of cows skin production, comprising approx. 17% of total volume. Moreover, cows skin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.5% share.

What are the leading suppliers of raw hides and skins of bovine animals to Bulgaria?

In value terms, the largest cows skin suppliers to Bulgaria were Romania, Italy and the Netherlands, together accounting for 99% of total imports.

What are the leading importers of raw hides and skins of bovine animals from Bulgaria?

In value terms, Romania emerged as the key foreign market for cows skin exports from Bulgaria, comprising 57% of total exports. The second position in the ranking was occupied by Italy, with a 21% share of total exports. It was followed by Turkey, with a 16% share.

What is the average export price for raw hides and skins of bovine animals in Bulgaria?

The average cows skin export price stood at $891 per ton in 2019, picking up by 66% against the previous year.

What is the average import price for raw hides and skins of bovine animals in Bulgaria?

In 2019, the average cows skin import price amounted to $2,594 per ton, falling by -3.5% against the previous year.

This report provides an in-depth analysis of the cows skin market in Bulgaria. 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:

Prodcom 10114200 - Raw hides and skins of bovine or equine animals, whole (except those linked to HS

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024