Myanmar: Cows Skin Market 2025

Cows Skin Market Size in Myanmar

After two years of decline, the Myanmar's cows skin market increased by 21% to $X in 2021. Overall, consumption, however, saw a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cows Skin Production in Myanmar

In value terms, cows skin production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Cows Skin Exports

Exports from Myanmar

For the third consecutive year, Myanmar recorded decline in shipments abroad of raw hides and skins of bovine animals, which decreased by -34.2% to X tons in 2021. Over the period under review, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2018 when exports increased by 391% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cows skin exports contracted notably to $X in 2021. Overall, exports recorded a sharp setback. The pace of growth was the most pronounced in 2018 when exports increased by 321% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), Singapore (X tons) and India (X tons) were the main destinations of cows skin exports from Myanmar, together comprising 91% of total exports. Vietnam, Malaysia and Thailand lagged somewhat behind, together accounting for a further 8.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of -9.9%), while the other leaders experienced a decline.

In value terms, Singapore ($X), China ($X) and Vietnam ($X) were the largest markets for cows skin exported from Myanmar worldwide, with a combined 88% share of total exports. These countries were followed by India, Malaysia and Thailand, which together accounted for a further 11%.

In terms of the main countries of destination, Thailand, with a CAGR of -13.7%, 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 a decline.

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, leveling off at the previous year. Overall, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 8.1% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Malaysia ($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 Vietnam (+0.1%), while the prices for the other major destinations experienced a decline.

Cows Skin Imports

Imports into Myanmar

In 2021, supplies from abroad of raw hides and skins of bovine animals decreased by -89.9% to X tons, falling for the second year in a row after eight years of growth. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 5,782% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cows skin imports declined markedly to $X in 2021. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 1,430% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Thailand (X tons) and China (X tons) were the main suppliers of cows skin imports to Myanmar.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +154.9%).

In value terms, the largest cows skin suppliers to Myanmar were Thailand ($X) and China ($X).

In terms of the main suppliers, Thailand, with a CAGR of +42.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, jumping by 74% against the previous year. Overall, the import price, however, faced a precipitous decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-21.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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