India: Cows Skin Market 2025

Cows Skin Market Size in India

The Indian cows skin market reached $X in 2021, growing by 2.4% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.4% against 2019 indices. Cows skin consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Cows Skin Production in India

In value terms, cows skin production expanded to $X in 2021 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Cows Skin Exports

Exports from India

Cows skin exports from India soared to X tons in 2021, rising by 19% compared with 2020. Over the period under review, exports saw a temperate expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 711%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, cows skin exports soared to $X in 2021. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by 636% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), the United States (X tons) and Indonesia (X tons) were the main destinations of cows skin exports from India, with a combined 87% share of total exports. These countries were followed by Nigeria, which accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +697.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cows skin exported from India were France ($X), the United States ($X) and Indonesia ($X), together comprising 95% of total exports.

In terms of the main countries of destination, France, with a CAGR of +190.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cows skin export price amounted to $X per ton, with an increase of 71% against the previous year. Overall, the export price, however, faced a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of 168% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Nigeria ($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 the UK (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cows Skin Imports

Imports into India

In 2021, overseas purchases of raw hides and skins of bovine animals were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, cows skin imports soared to $X in 2021. Overall, imports, however, faced a deep slump. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest cows skin supplier to India, with a 35% share of total imports. Moreover, cows skin imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Yemen (X tons), threefold. The third position in this ranking was taken by Myanmar (X tons), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia totaled +33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (-7.7% per year) and Myanmar (-4.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of raw hides and skins of bovine animals to India, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with an 8.6% share of total imports. It was followed by Israel, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.5% per year) and Israel (+246.1% per year).

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, rising by 21% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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