India: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in India

After six years of decline, the Indian cattle hide and skin market increased by 14% to $X in 2021. In general, consumption, however, saw a perceptible reduction. Cattle hide and skin consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in India

In value terms, cattle hide and skin production soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by 18%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

The average yield of raw hides and skins of cattle in India fell slightly to X kg per head in 2021, remaining constant against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.9% against the previous year. The cattle hide and skin yield peaked at X kg per head in 2013; however, from 2014 to 2021, the yield failed to regain momentum.

In 2021, the number of animals slaughtered for cattle hide and skin production in India amounted to X heads, picking up by 9.3% on the previous year's figure. This number increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2021, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from India

In 2021, overseas shipments of raw hides and skins of cattle increased by 120% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 306%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by 222%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for cattle hide and skin exports from India, accounting for a 38% share of total exports. Moreover, cattle hide and skin exports to Indonesia exceeded the volume sent to the second major destination, Bangladesh (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia totaled +94.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+29.2% per year) and Hong Kong SAR (-5.1% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for raw hides and skins of cattle exports from India, comprising 35% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 16% share of total exports. It was followed by Bangladesh, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR stood at -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+48.7% per year) and Bangladesh (+20.0% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, falling by -28.2% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 69%. The export price peaked at $X per ton in 2012; however, from 2013 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 Hong Kong SAR ($X per ton), while the average price for exports to Indonesia ($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 Hong Kong SAR (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into India

Cattle hide and skin imports into India skyrocketed to X tons in 2021, picking up by 25% on the previous year. Overall, imports, however, saw a mild curtailment. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, cattle hide and skin imports surged to $X in 2021. In general, imports, however, recorded a abrupt decrease. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), Argentina (X tons) and Italy (X tons) were the main suppliers of cattle hide and skin imports to India, with a combined 30% share of total imports. Yemen, Germany, Ireland, the Netherlands, Israel, Poland, France, the UK, Oman and Myanmar lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +57.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cattle hide and skin suppliers to India were Saudi Arabia ($X), Italy ($X) and Argentina ($X), together accounting for 28% of total imports. These countries were followed by Germany, Ireland, France, the Netherlands, Poland, Israel, the UK, Oman, Yemen and Myanmar, which together accounted for a further 23%.

Israel, with a CAGR of +51.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, growing by 28% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 France ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :