Report Update Nov 1, 2024

Kenya - Raw Hides and Skins of Bovine Animals - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Cows Skin Market 2024

Cows Skin Market Size in Kenya

The Kenyan cows skin market rose to $X in 2021, with an increase of 4.9% against the previous year. Over the period under review, consumption, however, recorded a pronounced downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Cows Skin Production in Kenya

In value terms, cows skin production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of 15%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cows Skin Exports

Exports from Kenya

Cows skin exports from Kenya contracted notably to X tons in 2021, with a decrease of -74.1% against the previous year's figure. Over the period under review, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 239% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, cows skin exports shrank rapidly to $X in 2021. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2017 with an increase of 240%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) was the main destination for cows skin exports from Kenya, with a 39% share of total exports. Moreover, cows skin exports to South Africa exceeded the volume sent to the second major destination, India (X tons), twofold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-33.4% per year) and Hong Kong SAR (-30.3% per year).

In value terms, the largest markets for cows skin exported from Kenya were Hong Kong SAR ($X), South Africa ($X) and Indonesia ($X), together comprising 68% of total exports. These countries were followed by India, Nigeria and Turkey, which together accounted for a further 32%.

Among the main countries of destination, Nigeria, with a CAGR of +11.1%, saw the highest rates of growth with regard to 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, declining by -3% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Turkey ($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 Nigeria (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cows Skin Imports

Imports into Kenya

In 2021, the amount of raw hides and skins of bovine animals imported into Kenya fell to X tons, which is down by -8.2% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 7,975% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, cows skin imports dropped to $X in 2021. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by 4,281%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Rwanda (X tons) was the main supplier of cows skin to Kenya, accounting for a 97% share of total imports. It was followed by Burundi (X tons), with a 3.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Rwanda totaled +2.9%.

In value terms, Rwanda ($X) constituted the largest supplier of raw hides and skins of bovine animals to Kenya, comprising 91% of total imports. The second position in the ranking was taken by Burundi ($X), with a 9.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Rwanda totaled -5.7%.

Import Prices by Country

The average cows skin import price stood at $X per ton in 2021, leveling off at the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 81%. 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 Burundi ($X per ton), while the price for Rwanda stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burundi (+2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of bovine animals in the world?

The country with the largest volume of cows skin consumption was China, accounting for 17% of total volume. Moreover, cows skin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.4% share.

What are the largest producers of raw hides and skins of bovine animals in the world?

The country with the largest volume of cows skin production was China, accounting for 17% of total volume. Moreover, cows skin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of raw hides and skins of bovine animals to Kenya?

In value terms, Rwanda constituted the largest supplier of cows skin to Kenya.

What is the average export price for raw hides and skins of bovine animals in Kenya?

In 2020, the average cows skin export price amounted to $1,559 per ton, with an increase of 73% against the previous year.

What is the average import price for raw hides and skins of bovine animals in Kenya?

In 2020, the average cows skin import price amounted to $510 per ton, which is down by -29.5% against the previous year.

This report provides an in-depth analysis of the cows skin market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10114200 - Raw hides and skins of bovine or equine animals, whole (except those linked to HS

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023