Central Asia: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Central Asia

In 2021, the Central Asian cattle hide and skin market decreased by -3.6% to $X, falling for the fourth year in a row after three years of growth. The total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -21.3% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Central Asia

In value terms, cattle hide and skin production rose significantly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 62% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

The countries with the highest volumes of production in 2021 were Uzbekistan (X tons), Kazakhstan (X tons) and Turkmenistan (X tons), with a combined 79% share of total production. These countries were followed by Tajikistan, Mongolia and Kyrgyzstan, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Tajikistan (with a CAGR of +24.1%), while production for the other leaders experienced more modest paces of growth.

The average cattle hide and skin yield fell slightly to X kg per head in 2021, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 7.2% against the previous year. Over the period under review, the cattle hide and skin yield reached the peak level at X kg per head in 2019; however, from 2020 to 2021, the yield failed to regain momentum.

The global number of animals slaughtered for cattle hide and skin production contracted to X heads in 2021, which is down by -2% against 2020. The total number of producing animals indicated a measured expansion from 2012 to 2021: its figure increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, number of animals slaughtered for cattle hide and skin production increased by +51.1% against 2012 indices. The pace of growth was the most pronounced in 2018 with an increase of 18%. Over the period under review, this number reached the peak level at X heads in 2020, and then declined in the following year.

Exports of Raw Hides And Skins of Cattle

Exports in Central Asia

In 2021, overseas shipments of raw hides and skins of cattle increased by 115% to X tons for the first time since 2015, thus ending a five-year declining trend. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 238%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, cattle hide and skin exports soared to $X in 2021. Over the period under review, exports, however, showed a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkmenistan was the main exporting country with an export of around X tons, which amounted to 39% of total exports. Kyrgyzstan (X tons) ranks second in terms of the total exports with a 22% share, followed by Kazakhstan (22%) and Mongolia (16%).

From 2012 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +4.7%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Turkmenistan ($X) remains the largest cattle hide and skin supplier in Central Asia, comprising 65% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 17% share of total exports. It was followed by Kyrgyzstan, with a 9.5% share.

In Turkmenistan, cattle hide and skin exports expanded at an average annual rate of +2.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-8.8% per year) and Kyrgyzstan (-17.2% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, dropping by -17.8% against the previous year. In general, the export price, however, recorded a tangible expansion. The pace of growth was the most pronounced in 2014 when the export price increased by 161% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.3%), while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in Central Asia

In 2021, overseas purchases of raw hides and skins of cattle increased by 68% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by 4,153% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, cattle hide and skin imports skyrocketed to $X in 2021. In general, imports, however, recorded a dramatic decrease. The most prominent rate of growth was recorded in 2015 with an increase of 1,546%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Kyrgyzstan prevails in imports structure, reaching X tons, which was approx. 90% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), committing a 7.3% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to cattle hide and skin imports into Kyrgyzstan stood at -30.8%. Kazakhstan (-18.9%) illustrated a downward trend over the same period. Kazakhstan (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan saw its share reduced by -7.7% from 2012 to 2021, respectively.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported raw hides and skins of cattle in Central Asia, comprising 57% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 27% share of total imports.

In Kyrgyzstan, cattle hide and skin imports shrank by an average annual rate of -38.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, waning by -23.9% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 343% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-6.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :