China: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in China

For the third year in a row, the Chinese cattle hide and skin market recorded growth in sales value, which increased by 1.9% to $X in 2021. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Raw Hides And Skins of Cattle in China

In value terms, cattle hide and skin production expanded significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2015 when the production volume increased by 48%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

In 2021, the average cattle hide and skin yield in China rose slightly to X kg per head, increasing by 2.1% against 2020 figures. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 3.3%. As a result, the yield attained the peak level of X kg per head. From 2020 to 2021, the growth of the average cattle hide and skin yield remained at a somewhat lower figure.

In 2021, the number of animals slaughtered for cattle hide and skin production in China amounted to X heads, approximately mirroring the year before. This number increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 10%. The number of animals slaughtered for cattle hide and skin production peaked in 2021 and is likely to continue growth in years to come.

Exports of Raw Hides And Skins of Cattle

Exports from China

In 2021, approx. X tons of raw hides and skins of cattle were exported from China; stabilizing at the year before. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +25.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 77% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, cattle hide and skin exports totaled $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 32% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), Japan (X tons) and Indonesia (X tons) were the main destinations of cattle hide and skin exports from China, with a combined 95% share of total exports. These countries were followed by Australia, which accounted for a further 3.9%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +59.4%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for raw hides and skins of cattle exports from China, comprising 61% of total exports. The second position in the ranking was held by South Korea ($X), with a 26% share of total exports. It was followed by Australia, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+10.3% per year) and Australia (+54.0% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, with an increase of 4.8% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2019 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs 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 Australia ($X per ton), while the average price for exports to South Korea ($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 South Korea (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into China

After two years of growth, overseas purchases of raw hides and skins of cattle decreased by -5.4% to X tons in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports reached 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 soared to $X in 2021. In general, imports saw a abrupt setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of cattle hide and skin to China, accounting for a 41% share of total imports. Moreover, cattle hide and skin imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was held by Argentina (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-1.6% per year) and Argentina (+120.5% per year).

In value terms, the United States ($X) constituted the largest supplier of raw hides and skins of cattle to China, comprising 45% of total imports. The second position in the ranking was held by Australia ($X), with a 12% share of total imports. It was followed by Canada, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-9.5% per year) and Canada (-5.4% per year).

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, surging by 55% against the previous year. Overall, the import price, however, recorded a deep reduction. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Argentina ($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 Netherlands (-3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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