Norway: Cows Skin Market 2025

Cows Skin Market Size in Norway

In 2021, the Norwegian cows skin market increased by 69% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a resilient expansion. Cows skin consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Cows Skin Production in Norway

In value terms, cows skin production surged to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 692% against the previous year. Cows skin production peaked in 2021 and is likely to continue growth in the near future.

Cows Skin Exports

Exports from Norway

In 2021, approx. X tons of raw hides and skins of bovine animals were exported from Norway; picking up by 301% on the previous year. Over the period under review, exports showed a resilient increase. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cows skin exports skyrocketed to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 362% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Ghana (X tons) was the main destination for cows skin exports from Norway, with a 93% share of total exports. Moreover, cows skin exports to Ghana exceeded the volume sent to the second major destination, Indonesia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ghana totaled +49.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-19.6% per year) and Togo (-20.0% per year).

In value terms, Ghana ($X) remains the key foreign market for raw hides and skins of bovine animals exports from Norway, comprising 94% of total exports. The second position in the ranking was held by Togo ($X), with a 3.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ghana totaled +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (-22.2% per year) and Indonesia (-19.7% per year).

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, approximately mirroring the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cows skin export price decreased by -6.6% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of 51% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Togo ($X per ton), while the average price for exports to Indonesia ($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 Germany (+37.9%), while the prices for the other major destinations experienced mixed trend patterns.

Cows Skin Imports

Imports into Norway

In 2021, cows skin imports into Norway plummeted to X kg, reducing by -73.2% against the previous year's figure. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 1,796%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, cows skin imports reduced sharply to $X in 2021. In general, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 561%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X kg) constituted the largest supplier of cows skin to Norway, accounting for a 85% share of total imports. Moreover, cows skin imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +102.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.3% per year) and China (+10.7% per year).

In value terms, Italy ($X) constituted the largest supplier of raw hides and skins of bovine animals to Norway, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.6% per year) and Turkey (-20.2% per year).

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, picking up by 85% against the previous year. Overall, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 158%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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