Report Update Nov 1, 2024

Uruguay - Raw Hides and Skins of Bovine Animals - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Cows Skin Market 2024

Cows Skin Market Size in Uruguay

In 2021, the Uruguayan cows skin market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a abrupt curtailment. Cows skin consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cows Skin Production in Uruguay

In value terms, cows skin production rose remarkably to $X in 2021 estimated in export price. Overall, production showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 57%. Cows skin production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Cows Skin Exports

Exports from Uruguay

In 2021, after two years of growth, there was significant decline in overseas shipments of raw hides and skins of bovine animals, when their volume decreased by -56.3% to X tons. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 581%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, cows skin exports contracted dramatically to $X in 2021. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 384% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons), South Korea (X tons) and Hong Kong SAR (X tons) were the main destinations of cows skin exports from Uruguay, with a combined 78% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cows skin exported from Uruguay were Germany ($X), Vietnam ($X) and Hong Kong SAR ($X), with a combined 72% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +7.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cows skin export price stood at $X per ton in 2021, dropping by -29.6% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to South Korea ($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 Brazil (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cows Skin Imports

Imports into Uruguay

Cows skin imports into Uruguay fell notably to X tons in 2021, waning by -87.9% against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 525% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, cows skin imports shrank markedly to $X in 2021. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 407%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) was the main cows skin supplier to Uruguay, with a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Brazil was relatively modest.

In value terms, Brazil ($X) constituted the largest supplier of raw hides and skins of bovine animals to Uruguay.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled -9.8%.

Import Prices by Country

In 2021, the average cows skin import price amounted to $X per ton, picking up by 23% against the previous year. Overall, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 48% 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.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Argentina amounted to -4.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for raw hides and skins of bovine animals in the world?

The country with the largest volume of cows skin consumption was China, accounting for 17% of total volume. Moreover, cows skin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of raw hides and skins of bovine animals in the world?

China constituted the country with the largest volume of cows skin production, accounting for 17% of total volume. Moreover, cows skin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of raw hides and skins of bovine animals to Uruguay?

In value terms, Brazil constituted the largest supplier of cows skin to Uruguay.

What are the leading importers of raw hides and skins of bovine animals from Uruguay?

In value terms, China remains the key foreign market for cows skin exports from Uruguay.

What is the average export price for raw hides and skins of bovine animals in Uruguay?

The average cows skin export price stood at $1,216 per ton in 2020, surging by 111% against the previous year.

What is the average import price for raw hides and skins of bovine animals in Uruguay?

The average cows skin import price stood at $447 per ton in 2020, almost unchanged from the previous year.

This report provides an in-depth analysis of the cows skin market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10114200 - Raw hides and skins of bovine or equine animals, whole (except those linked to HS

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023