Kenya: Market for Leather of Bovine and Equine Animals 2025

Market Size for Leather of Bovine and Equine Animals in Kenya

In 2021, the Kenyan bovine and equine leather market decreased by -4.2% to $X, falling for the seventh consecutive year after three years of growth. Overall, consumption continues to indicate a pronounced decline. Bovine and equine leather consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Leather of Bovine and Equine Animals in Kenya

In value terms, bovine and equine leather production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a deep reduction. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Leather of Bovine and Equine Animals

Exports from Kenya

In 2021, after three years of decline, there was significant growth in shipments abroad of leather of bovine and equine animals, when their volume increased by 122% to X tons. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, bovine and equine leather exports soared to $X in 2021. Overall, exports, however, faced a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), India (X tons) and Romania (X tons) were the main destinations of bovine and equine leather exports from Kenya, with a combined 32% share of total exports. These countries were followed by Turkey, Portugal, China, Thailand, Indonesia, Switzerland, Bangladesh, Cambodia and Hong Kong SAR, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of +219.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for leather of bovine and equine animals exports from Kenya, comprising 18% of total exports. The second position in the ranking was taken by Portugal ($X), with an 8.8% share of total exports. It was followed by Romania, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to -21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+23.7% per year) and Romania (+26.7% per year).

Export Prices by Country

The average bovine and equine leather export price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 30%. 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.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Cambodia ($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 (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leather of Bovine and Equine Animals

Imports into Kenya

In 2021, approx. X tons of leather of bovine and equine animals were imported into Kenya; which is down by -42% against the year before. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, bovine and equine leather imports declined sharply to $X in 2021. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Uganda (X tons), Tanzania (X tons) and Rwanda (X tons) were the main suppliers of bovine and equine leather imports to Kenya, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Rwanda (with a CAGR of +47.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest bovine and equine leather suppliers to Kenya were Uganda ($X), Tanzania ($X) and Zambia ($X), with a combined 93% share of total imports.

Among the main suppliers, Tanzania, with a CAGR of +12.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bovine and equine leather import price amounted to $X per ton, waning by -3.1% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2014 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Zambia ($X per ton), while the price for Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+30.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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