Hungary: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Hungary

In 2021, the Hungarian cattle hide and skin market decreased by -36.7% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption continues to indicate a abrupt shrinkage. Cattle hide and skin consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Hungary

In value terms, cattle hide and skin production rose significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2014 with an increase of 38%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average yield of raw hides and skins of cattle in Hungary skyrocketed to X kg per head, increasing by 19% compared with the previous year. Over the period under review, the yield indicated a modest increase from 2012 to 2021: its figure increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cattle hide and skin yield decreased by -37.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the yield increased by 77%. As a result, the yield attained the peak level of X kg per head. From 2014 to 2021, the growth of the average cattle hide and skin yield remained at a lower figure.

In 2021, the number of animals slaughtered for cattle hide and skin production in Hungary rose slightly to X heads, with an increase of 3.6% compared with 2020. This number increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the number of producing animals increased by 12%. Over the period under review, this number hit record highs at X heads in 2019; however, from 2020 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from Hungary

In 2021, the amount of raw hides and skins of cattle exported from Hungary soared to X tons, growing by 117% on 2020 figures. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 119% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for cattle hide and skin exports from Hungary, with a 54% share of total exports. Moreover, cattle hide and skin exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. Croatia (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.8% per year) and Croatia (+99.5% per year).

In value terms, Germany ($X) remains the key foreign market for raw hides and skins of cattle exports from Hungary, comprising 61% of total exports. The second position in the ranking was taken by Italy ($X), with a 20% share of total exports. It was followed by Croatia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+22.6% per year) and Croatia (+96.8% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2021, surging by 41% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. Over the period under review, the average export prices reached the maximum 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 Germany ($X per ton), while the average price for exports to Slovenia ($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 Slovakia (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Hungary

Cattle hide and skin imports into Hungary soared to X tons in 2021, rising by 133% on the year before. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 483% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cattle hide and skin imports surged to $X in 2021. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Germany (X tons) and Slovenia (X tons) were the main suppliers of cattle hide and skin imports to Hungary, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +227.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Slovenia ($X) were the largest cattle hide and skin suppliers to Hungary, with a combined 95% share of total imports.

Slovenia, with a CAGR of +128.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, rising by 59% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 72%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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 Austria ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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