Report Update Nov 1, 2024

Hungary - Raw Hides and Skins of Bovine Animals - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Cows Skin Market 2024

Cows Skin Market Size in Hungary

In 2021, the Hungarian cows skin market increased by 0.3% to $X for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, consumption saw a pronounced decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Cows Skin Production in Hungary

In value terms, cows skin production rose modestly to $X in 2021 estimated in export price. Overall, production recorded a deep setback. The pace of growth was the most pronounced in 2013 when the production volume increased by 39%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Cows Skin Exports

Exports from Hungary

For the third consecutive year, Hungary recorded decline in shipments abroad of raw hides and skins of bovine animals, which decreased by -96.5% to X tons in 2020. Over the period under review, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of 245%. The exports peaked at X tons in 2013; however, from 2014 to 2020, the exports remained at a lower figure.

In value terms, cows skin exports dropped sharply to $X in 2020. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 162%. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for cows skin exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Hong Kong SAR totaled -32.0%.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for raw hides and skins of bovine animals exports from Hungary.

From 2012 to 2020, the average annual growth rate of value to Hong Kong SAR amounted to -25.5%.

Export Prices by Country

The average cows skin export price stood at $X per ton in 2020, falling by -53.3% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 83%. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to +12.9% per year.

Cows Skin Imports

Imports into Hungary

In 2021, supplies from abroad of raw hides and skins of bovine animals was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cows skin imports skyrocketed to $X in 2021. Overall, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of cows skin to Hungary, with a 90% share of total imports. Moreover, cows skin imports from Spain exceeded the figures recorded by the second-largest supplier, Austria (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of raw hides and skins of bovine animals to Hungary, comprising 92% of total imports. The second position in the ranking was held by Austria ($X), with a 7.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain was relatively modest.

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the import price, however, showed a deep reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 78%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Austria stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of bovine animals in the world?

China constituted the country with the largest volume of cows skin consumption, comprising approx. 17% of total volume. Moreover, cows skin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.4% share.

What are the largest producers of raw hides and skins of bovine animals in the world?

China remains the largest cows skin producing country worldwide, accounting for 17% of total volume. Moreover, cows skin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of raw hides and skins of bovine animals to Hungary?

In value terms, Germany, Austria and South Africa appeared to be the largest cows skin suppliers to Hungary.

What are the leading importers of raw hides and skins of bovine animals from Hungary?

In value terms, Hong Kong SAR remains the key foreign market for cows skin exports from Hungary.

What is the average export price for raw hides and skins of bovine animals in Hungary?

The average cows skin export price stood at $101 per ton in 2020, declining by -81.7% against the previous year.

What is the average import price for raw hides and skins of bovine animals in Hungary?

The average cows skin import price stood at $10,387 per ton in 2020, shrinking by -23.8% against the previous year.

This report provides an in-depth analysis of the cows skin market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10114200 - Raw hides and skins of bovine or equine animals, whole (except those linked to HS

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023