Portugal: Cows Skin Market 2025

Cows Skin Market Size in Portugal

In 2021, the Portuguese cows skin market was finally on the rise to reach $X after three years of decline. In general, consumption, however, continues to indicate a noticeable decline. Cows skin consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Cows Skin Production in Portugal

In value terms, cows skin production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt shrinkage. Cows skin production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Cows Skin Exports

Exports from Portugal

In 2021, exports of raw hides and skins of bovine animals from Portugal skyrocketed to X tons, picking up by 31% compared with the previous year. In general, exports enjoyed a moderate increase. The growth pace was the most rapid in 2015 when exports increased by 245%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, cows skin exports amounted to $X in 2021. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 108% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for cows skin exports from Portugal, with a 72% share of total exports. Moreover, cows skin exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+31.8% per year) and Italy (+4.2% per year).

In value terms, Spain ($X) remains the key foreign market for raw hides and skins of bovine animals exports from Portugal, comprising 73% of total exports. The second position in the ranking was taken by Italy ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.2% per year) and Germany (+27.2% per year).

Export Prices by Country

In 2021, the average cows skin export price amounted to $X per ton, which is down by -17.4% against the previous year. In general, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 53% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($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 Spain (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cows Skin Imports

Imports into Portugal

Cows skin imports into Portugal declined remarkably to X tons in 2021, waning by -27.1% compared with 2020 figures. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 108%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, cows skin imports contracted markedly to $X in 2021. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 116%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest cows skin supplier to Portugal, with a 69% share of total imports. Moreover, cows skin imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +42.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.0% per year) and the Netherlands (-27.6% per year).

In value terms, France ($X) constituted the largest supplier of raw hides and skins of bovine animals to Portugal, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.6% per year) and the Netherlands (-26.3% per year).

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :