Libya: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Libya

For the third consecutive year, the Libyan cattle hide and skin market recorded decline in sales value, which decreased by -7.2% to $X in 2021. Over the period under review, consumption faced a precipitous decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Libya

In value terms, cattle hide and skin production rose markedly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 27%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of raw hides and skins of cattle in Libya rose notably to X kg per head in 2021, surging by 14% compared with the previous year. The yield figure increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the yield reached the peak level and is likely to continue growth in the immediate term.

In 2021, number of animals slaughtered for cattle hide and skin production in Libya shrank to X heads, declining by -6.5% on the year before. Overall, the number of producing animals saw a perceptible contraction. The pace of growth was the most pronounced in 2016 when the number of producing animals increased by 14%. Over the period under review, this number reached the peak level at X heads in 2013; however, from 2014 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from Libya

For the third consecutive year, Libya recorded growth in overseas shipments of raw hides and skins of cattle, which increased by 11% to X tons in 2021. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by 172% against the previous year. Over the period under review, the exports reached the peak figure 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 declined to $X in 2021. Overall, exports posted mild growth. The most prominent rate of growth was recorded in 2013 with an increase of 107%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for cattle hide and skin exports from Libya, with a 95% share of total exports. It was followed by Nigeria (X tons), with a 2.1% share of total exports. Tunisia (X tons) ranked third in terms of total exports with a 1% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+60.1% per year) and Tunisia (+6.3% per year).

In value terms, Turkey ($X) remains the key foreign market for raw hides and skins of cattle exports from Libya, comprising 86% of total exports. The second position in the ranking was held by Nigeria ($X), with an 8.1% share of total exports. It was followed by Egypt, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+77.5% per year) and Egypt (-18.1% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, declining by -22.2% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 30%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Tunisia ($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 (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Raw Hides And Skins of Cattle

Imports into Libya

In 2021, cattle hide and skin imports into Libya dropped markedly to X kg, waning by -76% on the previous year. In general, imports saw a sharp reduction. The smallest decline of -19.6% was in 2013. 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, cattle hide and skin imports contracted markedly to $X in 2021. Overall, imports continue to indicate a precipitous shrinkage. The smallest decline of -21.9% was in 2020. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

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

From 2014 to 2021, the average annual rate of growth in terms of volume from Turkey totaled -54.7%.

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

From 2014 to 2021, the average annual growth rate of value from Turkey totaled -25.0%.

Import Prices by Country

In 2021, the average cattle hide and skin import price amounted to $X per ton, surging by 152% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2021, the rate of growth in terms of prices for Turkey amounted to +65.8% per year.

Source: IndexBox Platform

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