Dominican Republic: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in the Dominican Republic

The Dominican cattle hide and skin market contracted dramatically to $X in 2021, reducing by -41.9% against the previous year. Over the period under review, consumption faced a dramatic downturn. Cattle hide and skin consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in the Dominican Republic

In value terms, cattle hide and skin production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of raw hides and skins of cattle in the Dominican Republic was estimated at X kg per head in 2021, increasing by 11% against the previous year's figure. Over the period under review, the yield, however, showed a pronounced slump. The pace of growth was the most pronounced in 2015 when the yield increased by 24%. The cattle hide and skin yield peaked at X kg per head in 2013; however, from 2014 to 2021, the yield failed to regain momentum.

The number of animals slaughtered for cattle hide and skin production in the Dominican Republic stood at X heads in 2021, remaining stable against the previous year's figure. Over the period under review, the number of producing animals recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the number of producing animals increased by 4.5%. Over the period under review, this number attained the maximum level at X heads in 2014; however, from 2015 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from the Dominican Republic

In 2021, cattle hide and skin exports from the Dominican Republic soared to X tons, increasing by 20% against the previous year. Overall, total exports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% 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 +46.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 57% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, cattle hide and skin exports soared to $X in 2021. Over the period under review, exports, however, saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of 33%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for cattle hide and skin exports from the Dominican Republic, with a 32% share of total exports. Moreover, cattle hide and skin exports to Turkey exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was taken by Indonesia (X tons), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+42.9% per year) and Indonesia (+17.5% per year).

In value terms, Turkey ($X) remains the key foreign market for raw hides and skins of cattle exports from the Dominican Republic, comprising 32% of total exports. The second position in the ranking was held by Indonesia ($X), with a 7.8% share of total exports. It was followed by Mexico, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+16.7% per year) and Mexico (-26.4% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, rising by 9.5% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The export price peaked 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 Belgium ($X per ton), while the average price for exports to Thailand ($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 Nigeria (+81.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Raw Hides And Skins of Cattle

Imports into the Dominican Republic

In 2021, cattle hide and skin imports into the Dominican Republic dropped notably to X tons, shrinking by -77% against 2020 figures. In general, imports showed a sharp downturn. The pace of growth appeared the most rapid in 2019 with an increase of 150%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports dropped notably to $X in 2021. Over the period under review, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2016 with an increase of 39%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and Canada (X kg) were the main suppliers of cattle hide and skin imports to the Dominican Republic, together accounting for 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -16.1%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X), Italy ($X) and Canada ($X) were the largest cattle hide and skin suppliers to the Dominican Republic, with a combined 99% share of total imports.

Among the main suppliers, Italy, with a CAGR of -20.9%, 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 a decline.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, shrinking by -45.5% against the previous year. Overall, the import price saw a pronounced reduction. The growth pace was the most rapid in 2014 an increase of 73%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 Canada ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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