CIS: Market for Leather of Bovine and Equine Animals 2025

Market Size for Leather of Bovine and Equine Animals in CIS

In 2021, the CIS bovine and equine leather market decreased by -40.5% to $X, falling for the seventh consecutive year after three years of growth. In general, consumption showed a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Leather of Bovine and Equine Animals in CIS

In value terms, bovine and equine leather production rose remarkably to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -38.3% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 35%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Leather of Bovine and Equine Animals

Exports in CIS

In 2021, shipments abroad of leather of bovine and equine animals was finally on the rise to reach X tons after three years of decline. In general, exports, however, recorded a mild contraction. The pace of growth was the most pronounced in 2017 when exports increased by 52%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, bovine and equine leather exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a noticeable decline. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Belarus (X tons), Kazakhstan (X tons), Uzbekistan (X tons) and Russia (X tons), together finishing at 75% of total export. Kyrgyzstan (X tons) took the next position in the ranking, followed by Tajikistan (X tons) and Azerbaijan (X tons). All these countries together took approx. 25% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Tajikistan (with a CAGR of +7.1%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest bovine and equine leather supplier in the CIS, comprising 41% of total exports. The second position in the ranking was held by Uzbekistan ($X), with an 18% share of total exports. It was followed by Kazakhstan, with a 15% share.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to -8.8%. In the other countries, the average annual rates were as follows: Uzbekistan (-23.4% per year) and Kazakhstan (+11.0% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 3.9% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 when the export price increased by 13%. Over the period under review, the 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.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+8.5%), while the other leaders experienced more modest paces of growth.

Imports of Leather of Bovine and Equine Animals

Imports in CIS

After five years of growth, supplies from abroad of leather of bovine and equine animals decreased by -13.3% to X tons in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 43%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, bovine and equine leather imports expanded markedly to $X in 2021. Over the period under review, imports continue to indicate a abrupt decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Russia represented the key importing country with an import of around X tons, which resulted at 53% of total imports. Belarus (X tons) ranks second in terms of the total imports with a 33% share, followed by Moldova (8.5%). Armenia (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Armenia (with a CAGR of +2.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest bovine and equine leather importing markets in the CIS were Russia ($X), Moldova ($X) and Belarus ($X), with a combined 96% share of total imports.

Among the main importing countries, Moldova, with a CAGR of +7.8%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, with an increase of 30% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+7.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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