U.S.: Cows Skin Market 2025

Cows Skin Market Size in the U.S.

In 2021, the U.S. cows skin market increased by 3.7% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Cows Skin Production in the U.S.

In value terms, cows skin production totaled $X in 2021. Overall, production, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by 94%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Cows Skin Exports

Exports from the U.S.

In 2021, exports of raw hides and skins of bovine animals from the United States soared to X tons, with an increase of 15% against the previous year's figure. Over the period under review, exports, however, recorded a deep setback. The growth pace was the most rapid in 2017 with an increase of 199% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, cows skin exports rose significantly to $X in 2021. Overall, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 43%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for cows skin exports from the United States, with a 38% share of total exports. Moreover, cows skin exports to China exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+16.5% per year) and Japan (-5.5% per year).

In value terms, China ($X) remains the key foreign market for raw hides and skins of bovine animals exports from the United States, comprising 38% of total exports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total exports. It was followed by Japan, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+3.2% per year) and Japan (-16.4% per year).

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, declining by -5.9% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 101% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Vietnam ($X per ton) and Mexico ($X per ton), while the average price for exports to China ($X per ton) and Spain ($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 Vietnam (-11.5%), while the prices for the other major destinations experienced a decline.

Cows Skin Imports

Imports into the U.S.

In 2021, the amount of raw hides and skins of bovine animals imported into the United States soared to X tons, jumping by 48% compared with the previous year's figure. In general, imports posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of 414% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, cows skin imports skyrocketed to $X in 2021. Overall, imports showed strong growth. The growth pace was the most rapid in 2014 with an increase of 228%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mexico (X tons) constituted the largest cows skin supplier to the United States, with a 67% share of total imports. Moreover, cows skin imports from Mexico exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. Slovenia (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 Mexico amounted to +83.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+120.3% per year) and Slovenia (+177.0% per year).

In value terms, Mexico ($X) constituted the largest supplier of raw hides and skins of bovine animals to the United States, comprising 62% of total imports. The second position in the ranking was held by Slovenia ($X), with a 13% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Mexico totaled +46.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+113.0% per year) and Belgium (+68.0% per year).

Import Prices by Country

The average cows skin import price stood at $X per ton in 2021, falling by -22.1% against the previous year. In general, the import price showed a dramatic curtailment. The most prominent rate of growth was recorded in 2017 an increase of 67%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Brazil ($X per ton) and Slovenia ($X per ton), while the price for Belgium ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-11.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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