Democratic Republic of the Congo: Market for Raw Hides And Skins Of Cattle 2019

Market Size for Raw Hides And Skins Of Cattle in Democratic Republic of the Congo

The revenue of the bovine hide and skin market in Democratic Republic of the Congo amounted to $X in 2018, shrinking by -X% against the previous year. In general, bovine hide and skin consumption continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Democratic Republic of the Congo bovine hide and skin consumption peaked at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins Of Cattle in Democratic Republic of the Congo

In value terms, bovine hide and skin production amounted to $X in 2018 estimated in export prices. In general, bovine hide and skin production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when production volume increased by X% against the previous year. Democratic Republic of the Congo bovine hide and skin production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Exports of Raw Hides And Skins Of Cattle

Exports from Democratic Republic of the Congo

In 2018, approx. X units of raw hides and skins of cattle were exported from Democratic Republic of the Congo; declining by -X% against the previous year. Overall, bovine hide and skin exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. In that year, bovine hide and skin exports attained their peak of X units. From 2012 to 2018, the growth of bovine hide and skin exports failed to regain its momentum.

In value terms, bovine hide and skin exports stood at $X in 2018. Over the period under review, bovine hide and skin exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, bovine hide and skin exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

The U.S. represented the main exporter of raw hides and skins of cattle in the world, with the volume of exports reaching X units, which was near X% of total exports in 2018. Australia (X units) held the second position in the ranking, followed by Germany (X units) and France (X units). All these countries together held near X% share of total exports. The Netherlands (X units), Canada (X units), Italy (X units), the UK (X units), Austria (X units), Spain (X units), Ireland (X units) and Belgium (X units) took a relatively small share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, the UK (+X%), Belgium (+X%), Austria (+X%), Germany (+X%), Spain (+X%), Ireland (+X%), Australia (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The Netherlands experienced a relatively flat trend pattern. By contrast, France (-X%) and Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the UK increased by +X% percentage points, while France (-X p.p.), Canada (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest bovine hide and skin supplier from Democratic Republic of the Congo, comprising X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

In the U.S., bovine hide and skin exports decreased by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (-X% per year) and Australia (-X% per year).

Export Prices by Country

The bovine hide and skin export price in Democratic Republic of the Congo stood at $X per unit in 2018, shrinking by -X% against the previous year. Overall, the bovine hide and skin export price continues to indicate a drastic decline. The growth pace was the most rapid in 2015 when the export price increased by X% y-o-y. Democratic Republic of the Congo export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Imports of Raw Hides And Skins Of Cattle

Imports into Democratic Republic of the Congo

In 2018, the bovine hide and skin imports into Democratic Republic of the Congo amounted to X units, approximately equating the previous year. Over the period under review, bovine hide and skin imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. In that year, bovine hide and skin imports attained their peak of X units. From 2011 to 2018, the growth of bovine hide and skin imports failed to regain its momentum.

In value terms, bovine hide and skin imports stood at $X in 2018. In general, bovine hide and skin imports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, bovine hide and skin imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) represented the key importer of raw hides and skins of cattle, constituting X% of total imports. Italy (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%) and Mexico (X%). Germany (X units), the Netherlands (X units), Austria (X units), Thailand (X units), Vietnam (X units) and Turkey (X units) took a relatively small share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), the Netherlands (+X%), Mexico (+X%), Austria (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, Italy (-X%), South Korea (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Mexico (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Germany, Thailand, the Netherlands, Mexico, Austria, Turkey, Vietnam and Democratic Republic of the Congo, which together accounted for a further X Netherlands experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bovine hide and skin import price in Democratic Republic of the Congo amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the bovine hide and skin import price, however, continues to indicate a drastic drop. The growth pace was the most rapid in 2018 an increase of X% year-to-year. Democratic Republic of the Congo import price peaked at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform