Colombia: Cows Skin Market 2025

Cows Skin Market Size in Colombia

The Colombian cows skin market rose slightly to $X in 2021, surging by 3.8% against the previous year. Overall, consumption saw a relatively flat trend pattern. Cows skin consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Cows Skin Production in Colombia

In value terms, cows skin production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 24% 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 Colombia

In 2021, shipments abroad of raw hides and skins of bovine animals decreased by -1.5% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 135% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, cows skin exports expanded modestly to $X in 2021. Overall, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2019 with an increase of 172%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons), Togo (X tons) and Mexico (X tons) were the main destinations of cows skin exports from Colombia, together accounting for 84% of total exports. These countries were followed by Brazil, India, Hong Kong SAR, the United States and China, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +41.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cows skin exported from Colombia were Nigeria ($X), Togo ($X) and Hong Kong SAR ($X), with a combined 83% share of total exports. Mexico, Brazil, the United States, India and China lagged somewhat behind, together accounting for a further 15%.

Among the main countries of destination, India, with a CAGR of +21.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, growing by 4.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 87% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 China ($X per ton), while the average price for exports to Mexico ($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 China (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cows Skin Imports

Imports into Colombia

After two years of decline, purchases abroad of raw hides and skins of bovine animals increased by 18% to X tons in 2021. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 34%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, cows skin imports expanded sharply to $X in 2021. In general, imports, however, showed a drastic downturn. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of cows skin imports to Colombia, together accounting for 49% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of -5.3%), while purchases for the other leaders experienced a decline.

In value terms, the largest cows skin suppliers to Colombia were Thailand ($X), Spain ($X) and Italy ($X), with a combined 49% share of total imports.

Thailand, with a CAGR of -11.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, declining by -10.3% against the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 76% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 United States ($X per ton), while the price for Italy ($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 United States (+7.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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