Middle East: Market for Leather of Bovine and Equine Animals 2025

Market Size for Leather of Bovine and Equine Animals in the Middle East

The Middle Eastern bovine and equine leather market surged to $X in 2021, increasing by 32% against the previous year. In general, consumption saw a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Leather of Bovine and Equine Animals in the Middle East

In value terms, bovine and equine leather production surged to $X in 2021 estimated in export price. In general, production posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 88% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Leather of Bovine and Equine Animals

Exports in the Middle East

After six years of decline, shipments abroad of leather of bovine and equine animals increased by 66% to X tons in 2021. In general, exports, however, saw a pronounced curtailment. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, bovine and equine leather exports skyrocketed to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was approx. 85% of total exports in 2021. It was distantly followed by Saudi Arabia (X tons), comprising a 6.1% share of total exports. The following exporters - Iraq (X tons) and Israel (X tons) - each accounted for a 4.2% share of total exports.

Exports from Turkey decreased at an average annual rate of -1.2% from 2012 to 2021. At the same time, Israel (+2.4%) and Saudi Arabia (+1.7%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +2.4% from 2012-2021. By contrast, Iraq (-17.6%) illustrated a downward trend over the same period. While the share of Turkey (+13 p.p.) and Saudi Arabia (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iraq (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest bovine and equine leather supplier in the Middle East, comprising 89% of total exports. The second position in the ranking was taken by Israel ($X), with a 3.7% share of total exports. It was followed by Saudi Arabia, with a 1.8% share.

In Turkey, bovine and equine leather exports expanded at an average annual rate of +5.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (-1.4% per year) and Saudi Arabia (-5.4% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, leveling off at the previous year. Export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bovine and equine leather export price decreased by -12.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Leather of Bovine and Equine Animals

Imports in the Middle East

Bovine and equine leather imports reached X tons in 2021, growing by 5.3% compared with the year before. In general, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, bovine and equine leather imports surged to $X in 2021. Over the period under review, imports, however, saw a perceptible decrease. 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

Turkey dominates imports structure, reaching X tons, which was near 83% of total imports in 2021. The United Arab Emirates (X tons), Palestine (X tons), Iran (X tons), Israel (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to bovine and equine leather imports into Turkey stood at -6.8%. At the same time, Syrian Arab Republic (+9.0%) and Palestine (+4.3%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +9.0% from 2012-2021. Iran experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-4.8%) and Israel (-8.6%) illustrated a downward trend over the same period. Palestine (+2 p.p.) significantly strengthened its position in terms of the total imports, while Turkey saw its share reduced by -6.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported leather of bovine and equine animals in the Middle East, comprising 67% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Israel, with a 6.5% share.

In Turkey, bovine and equine leather imports shrank by an average annual rate of -5.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.9% per year) and Israel (-9.5% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, jumping by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :