Israel: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Israel

In 2021, the Israeli cattle hide and skin market decreased by -2% to $X, falling for the eighth consecutive year after two years of growth. In general, consumption showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Raw Hides And Skins of Cattle in Israel

In value terms, cattle hide and skin production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt slump. Cattle hide and skin production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The average yield of raw hides and skins of cattle in Israel reduced slightly to X kg per head in 2021, remaining stable against the previous year. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 13% 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 2013; however, from 2014 to 2021, the yield stood at a somewhat lower figure.

The number of animals slaughtered for cattle hide and skin production in Israel stood at X heads in 2021, approximately mirroring the year before. This number increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2021, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Israel

In 2021, overseas shipments of raw hides and skins of cattle increased by 34% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -30.7% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 66%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports soared to $X in 2021. In general, exports showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Slovenia (X tons) and Portugal (X tons) were the main destinations of cattle hide and skin exports from Israel, together accounting for 60% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +94.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cattle hide and skin exported from Israel were Poland ($X), Slovenia ($X) and Portugal ($X), with a combined 60% share of total exports.

In terms of the main countries of destination, Slovenia, with a CAGR of +80.7%, saw 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

The average cattle hide and skin export price stood at $X per ton in 2021, increasing by 56% against the previous year. Overall, the export price, however, recorded a perceptible contraction. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Poland ($X per ton) and Slovenia ($X per ton), while the average price for exports to Thailand ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-3.5%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Israel

In 2021, supplies from abroad of raw hides and skins of cattle increased by 3.4% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, cattle hide and skin imports amounted to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.5% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 67%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest cattle hide and skin supplier to Israel, with a 63% share of total imports. Moreover, cattle hide and skin imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. The third position in this ranking was held by Australia (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+19.8% per year) and Australia (+8.0% per year).

In value terms, the United States ($X) constituted the largest supplier of raw hides and skins of cattle to Israel, comprising 69% of total imports. The second position in the ranking was taken by Australia ($X), with an 8.7% share of total imports. It was followed by Brazil, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+9.1% per year) and Brazil (+17.5% per year).

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, rising by 8.8% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 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 Colombia ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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