New Zealand: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in New Zealand

In 2021, the New Zealand cattle hide and skin market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in New Zealand

In value terms, cattle hide and skin production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

In 2021, the average yield of raw hides and skins of cattle in New Zealand amounted to X kg per head, surging by 1.9% on the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 6% against the previous year. The cattle hide and skin yield peaked in 2021 and is expected to retain growth in the near future.

In 2021, number of animals slaughtered for cattle hide and skin production in New Zealand stood at X heads, growing by 5.3% against the previous year. This number increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by 11%. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2016; however, from 2017 to 2021, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from New Zealand

In 2021, overseas shipments of raw hides and skins of cattle increased by 13% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 38%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a perceptible shrinkage. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for cattle hide and skin exports from New Zealand, with a 79% share of total exports. Moreover, cattle hide and skin exports to China exceeded the volume sent to the second major destination, Italy (X tons), eightfold. The third position in this ranking was taken by Vietnam (X tons), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-7.8% per year) and Vietnam (-2.3% per year).

In value terms, China ($X) remains the key foreign market for raw hides and skins of cattle exports from New Zealand, comprising 76% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by Vietnam, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-16.0% per year) and Vietnam (-12.9% per year).

Export Prices by Country

In 2021, the average cattle hide and skin export price amounted to $X per ton, jumping by 22% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Vietnam ($X per ton) and Romania ($X per ton), while the average price for exports to China ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.0%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into New Zealand

After two years of decline, supplies from abroad of raw hides and skins of cattle increased by 29% to X tons in 2021. Over the period under review, imports, however, recorded a significant contraction. The pace of growth was the most pronounced in 2013 when imports increased by 111%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a precipitous decline. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons) constituted the largest cattle hide and skin supplier to New Zealand, with a 61% share of total imports. Moreover, cattle hide and skin imports from Australia exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. Finland (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia totaled -28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+34.4% per year) and Finland (+2.7% per year).

In value terms, Australia ($X) constituted the largest supplier of raw hides and skins of cattle to New Zealand, comprising 67% of total imports. The second position in the ranking was taken by Finland ($X), with a 20% share of total imports. It was followed by South Africa, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia amounted to -26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+14.9% per year) and South Africa (+2.0% per year).

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, surging by 107% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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