Iraq: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Iraq

For the ninth consecutive year, the Iraqi cattle hide and skin market recorded decline in sales value, which decreased by -20.4% to $X in 2021. Over the period under review, consumption faced a sharp descent. The most prominent rate of growth was recorded in 2018 with a decrease of -7% against the previous year. Cattle hide and skin consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in Iraq

In value terms, cattle hide and skin production rose significantly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt decrease. Cattle hide and skin production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

In 2021, the average cattle hide and skin yield in Iraq soared to X kg per head, increasing by 88% compared with the previous year. Overall, the yield enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the yield increased by 163% against the previous year. Over the period under review, the average cattle hide and skin yield reached the maximum level at X kg per head in 2017; however, from 2018 to 2021, the yield stood at a somewhat lower figure.

In 2021, number of animals slaughtered for cattle hide and skin production in Iraq rose to X heads, picking up by 2.3% against 2020. In general, the number of producing animals, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of 9%. Over the period under review, this number reached the maximum level at X heads in 2012; however, from 2013 to 2021, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Iraq

After three years of decline, shipments abroad of raw hides and skins of cattle increased by 96% to X tons in 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 241% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for cattle hide and skin exports from Iraq, accounting for a 92% share of total exports. Moreover, cattle hide and skin exports to Turkey exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+1.5% per year) and India (-22.1% per year).

In value terms, Turkey ($X) remains the key foreign market for raw hides and skins of cattle exports from Iraq, comprising 71% of total exports. The second position in the ranking was taken by Italy ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey totaled +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-1.3% per year) and India (-24.4% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Turkey ($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 Italy (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Iraq

In 2021, supplies from abroad of raw hides and skins of cattle increased by 12,194% to X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, imports recorded significant growth. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, cattle hide and skin imports surged to $X in 2021. In general, imports posted a buoyant expansion. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main cattle hide and skin supplier to Iraq, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +27.6%.

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

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +5.4%.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, falling by -83.3% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2020 an increase of 125%. As a result, import price reached the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -17.4% per year.

Source: IndexBox Platform

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