Chile: Cows Skin Market 2025

Cows Skin Market Size in Chile

The Chilean cows skin market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, recorded a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Cows Skin Production in Chile

In value terms, cows skin production soared to $X in 2021 estimated in export price. In general, production, however, showed a noticeable downturn. The growth pace was the most rapid in 2018 with an increase of 92%. Cows skin production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Cows Skin Exports

Exports from Chile

In 2021, overseas shipments of raw hides and skins of bovine animals increased by 99.9% to X tons, rising for the fourth consecutive year after three years of decline. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 240% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, cows skin exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when exports increased by 213% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons), Thailand (X tons) and Indonesia (X tons) were the main destinations of cows skin exports from Chile, together accounting for 78% of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +9.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the key foreign market for raw hides and skins of bovine animals exports from Chile, comprising 49% of total exports. The second position in the ranking was held by India ($X), with a 20% share of total exports. It was followed by Indonesia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand stood at -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and Indonesia (0.0% per year).

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2015 an increase of 3.9% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to India ($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 Hong Kong SAR (-9.1%), while the prices for the other major destinations experienced a decline.

Cows Skin Imports

Imports into Chile

In 2021, purchases abroad of raw hides and skins of bovine animals increased by 474% to X kg, rising for the second consecutive year after two years of decline. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 6,067%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, cows skin imports soared to $X in 2021. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 14,492%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Colombia (X kg) was the main cows skin supplier to Chile, accounting for a 92% share of total imports. Moreover, cows skin imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. Argentina (X kg) ranked third in terms of total imports with a 2.6% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Colombia totaled +3,071.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.0% per year) and Argentina (+37.1% per year).

In value terms, Colombia ($X) constituted the largest supplier of raw hides and skins of bovine animals to Chile, comprising 68% of total imports. The second position in the ranking was taken by Argentina ($X), with a 19% share of total imports. It was followed by China, with a 4.4% share.

From 2013 to 2021, the average annual growth rate of value from Colombia totaled +1,895.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+55.8% per year) and China (+1.7% per year).

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, with a decrease of -49.1% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 128% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 Argentina ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+12.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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