Italy: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Italy

The Italian cattle hide and skin market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, continues to indicate a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Italy

In value terms, cattle hide and skin production rose notably to $X in 2021 estimated in export price. Overall, production, however, showed a deep downturn. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

In 2021, the average yield of raw hides and skins of cattle in Italy contracted modestly to X kg per head, stabilizing at the year before. In general, the yield showed a mild setback. The most prominent rate of growth was recorded in 2015 when the yield increased by 6.2%. As a result, the yield reached the peak level of X kg per head. From 2016 to 2021, the growth of the average cattle hide and skin yield remained at a lower figure.

The number of animals slaughtered for cattle hide and skin production in Italy reached X heads in 2021, with an increase of 3% against the previous year's figure. In general, the number of producing animals, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by 8.5% against the previous year. The number of animals slaughtered for cattle hide and skin production peaked 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 Italy

In 2021, the amount of raw hides and skins of cattle exported from Italy soared to X tons, rising by 33% compared with 2020 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt contraction. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), Austria (X tons) and Spain (X tons) were the main destinations of cattle hide and skin exports from Italy, with a combined 42% share of total exports. Germany, Slovakia, France, the Czech Republic, Nigeria, Indonesia, Poland, the Netherlands, Slovenia and Togo lagged somewhat behind, together accounting for a further 53%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +47.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Austria ($X) and Germany ($X) appeared to be the largest markets for cattle hide and skin exported from Italy worldwide, with a combined 50% share of total exports. Slovakia, Spain, France, the Netherlands, the Czech Republic, Poland, Indonesia, Nigeria, Slovenia and Togo lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, Nigeria, with a CAGR of +25.3%, recorded the highest rates of growth with regard to 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, rising by 11% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Togo ($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 Slovakia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Hides And Skins of Cattle

Imports into Italy

In 2021, after two years of decline, there was significant growth in purchases abroad of raw hides and skins of cattle, when their volume increased by 8.9% to X tons. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 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 pronounced decline. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of cattle hide and skin to Italy, with a 24% share of total imports. Moreover, cattle hide and skin imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and Spain (+4.5% per year).

In value terms, France ($X), the Netherlands ($X) and Spain ($X) appeared to be the largest cattle hide and skin suppliers to Italy, with a combined 46% share of total imports. These countries were followed by Germany, the UK, Switzerland, Poland, Ireland, Sweden, Denmark, Austria, Argentina and the United States, which together accounted for a further 38%.

Argentina, with a CAGR of +113.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, with an increase of 31% against the previous year. Overall, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached 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 the Netherlands ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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