Iraq: Cows Skin Market 2025

Cows Skin Market Size in Iraq

In 2021, the Iraqi cows skin market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.2% 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 -31.7% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Cows Skin Production in Iraq

In value terms, cows skin production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% 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 -35.3% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 60%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Cows Skin Exports

Exports from Iraq

In 2021, shipments abroad of raw hides and skins of bovine animals increased by 104% to X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, faced a sharp downturn. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, cows skin exports soared to $X in 2021. In general, exports, however, recorded a sharp setback. The growth pace was the most rapid in 2014 with an increase of 161% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tons), Lebanon (X tons) and Italy (X tons) were the main destinations of cows skin exports from Iraq, with a combined 84% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lebanon (with a CAGR of -8.1%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for cows skin exported from Iraq were Egypt ($X), the United Arab Emirates ($X) and Italy ($X), with a combined 75% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of -4.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average cows skin export price amounted to $X per ton, dropping by -32.8% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 85% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Turkey ($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 United Arab Emirates (+18.4%), while the prices for the other major destinations experienced a decline.

Cows Skin Imports

Imports into Iraq

In 2018, the amount of raw hides and skins of bovine animals imported into Iraq amounted to X kg, standing approx. at the previous year. Over the period under review, imports faced a sharp curtailment. The smallest decline of 99.9% was in 2015. Imports peaked at X tons in 2014; however, from 2015 to 2018, imports failed to regain momentum.

In value terms, cows skin imports totaled $X in 2018. Overall, imports faced a abrupt curtailment. The smallest decline of 99.9% was in 2015. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, India (X kg) was the main cows skin supplier to Iraq, with a approx. 100% share of total imports.

From 2012 to 2018, the average annual growth rate of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of raw hides and skins of bovine animals to Iraq.

From 2012 to 2018, the average annual rate of growth in terms of value from India was relatively modest.

Import Prices by Country

In 2018, the average cows skin import price amounted to $X per ton, leveling off at the previous year. In general, the import price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2015 when the average import price decreased by 99.9%. Over the period under review, average import prices attained the peak figure in 2018 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2018, the rate of growth in terms of prices for Turkey amounted to -8.7% per year.

Source: IndexBox Platform

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