Ecuador: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Ecuador

After five years of growth, the Ecuadorian cattle hide and skin market decreased by -2.7% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Raw Hides And Skins of Cattle in Ecuador

In value terms, cattle hide and skin production stood at $X in 2021 estimated in export price. Overall, production, however, showed slight growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 136% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average yield of raw hides and skins of cattle in Ecuador stood at X kg per head, almost unchanged from the year before. Over the period under review, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by 2.2%. Over the period under review, the average cattle hide and skin yield hit record highs in 2021 and is expected to retain growth in years to come.

In 2021, the number of animals slaughtered for cattle hide and skin production in Ecuador declined to X heads, with a decrease of -5.3% on the previous year. Over the period under review, the number of producing animals showed a perceptible decrease. The growth pace was the most rapid in 2019 with an increase of 7.2%. Over the period under review, this number attained the peak level at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Ecuador

Cattle hide and skin exports from Ecuador stood at X tons in 2019, flattening at the previous year's figure. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of 237%. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

In value terms, cattle hide and skin exports amounted to $X in 2019. Overall, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2014 with an increase of 43%. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for cattle hide and skin exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Belgium was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2019, standing approx. at the previous year. In general, the export price recorded a perceptible decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2019, the rate of growth in terms of prices for Italy amounted to +33.5% per year.

Imports of Raw Hides And Skins of Cattle

Imports into Ecuador

In 2021, supplies from abroad of raw hides and skins of cattle increased by 147% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a deep slump. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Chile (X tons) and Italy (X tons) were the main suppliers of cattle hide and skin imports to Ecuador.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +32.1%).

In value terms, Italy ($X) constituted the largest supplier of raw hides and skins of cattle to Ecuador, comprising 67% of total imports. The second position in the ranking was taken by Chile ($X), with a 33% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +7.0%.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, surging by 75% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Chile stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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