Finland: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Finland

The Finnish cattle hide and skin market dropped notably to $X in 2021, reducing by -47.4% against the previous year. In general, consumption showed a deep slump. Cattle hide and skin consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Raw Hides And Skins of Cattle in Finland

In value terms, cattle hide and skin production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a deep reduction. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

In 2021, the average cattle hide and skin yield in Finland dropped to X kg per head, waning by -6.7% on the previous year's figure. The yield figure increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the yield attained the peak level of X kg per head, and then declined in the following year.

In 2021, number of animals slaughtered for cattle hide and skin production in Finland dropped slightly to X heads, almost unchanged from 2020. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the number of producing animals increased by 3.1% against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2016; however, from 2017 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from Finland

In 2021, approx. X tons of raw hides and skins of cattle were exported from Finland; shrinking by -5.6% on the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 13%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports soared to $X in 2021. Overall, exports showed a abrupt shrinkage. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for cattle hide and skin exports from Finland, accounting for a 58% share of total exports. Moreover, cattle hide and skin exports to Italy exceeded the volume sent to the second major destination, Denmark (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+153.5% per year) and Belgium (+1.7% per year).

In value terms, Italy ($X) remains the key foreign market for raw hides and skins of cattle exports from Finland, comprising 68% of total exports. The second position in the ranking was held by Denmark ($X), with a 13% share of total exports. It was followed by Belgium, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+103.4% per year) and Belgium (-1.3% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2021, growing by 47% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Togo ($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 Poland (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Finland

For the third year in a row, Finland recorded decline in purchases abroad of raw hides and skins of cattle, which decreased by -41.1% to X tons in 2021. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 62% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cattle hide and skin imports declined remarkably to $X in 2021. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of 52% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Estonia (X tons), Sweden (X tons) and Norway (X tons) were the main suppliers of cattle hide and skin imports to Finland, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +32.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cattle hide and skin suppliers to Finland were Estonia ($X), Sweden ($X) and Norway ($X), together comprising 95% of total imports.

Norway, with a CAGR of +21.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, with a decrease of -17.3% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by 50%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 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 Norway ($X per ton), while the price for Estonia ($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 Netherlands (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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