Venezuela: Market for Raw Hides And Skins of Cattle 2025

Market Size for Raw Hides And Skins of Cattle in Venezuela

The Venezuelan cattle hide and skin market fell to $X in 2021, shrinking by -8.6% against the previous year. Over the period under review, consumption saw a noticeable decline. Cattle hide and skin consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in Venezuela

In value terms, cattle hide and skin production fell to $X in 2021 estimated in export price. In general, production, however, faced a deep contraction. The growth pace was the most rapid in 2014 when the production volume increased by 53% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

In 2021, the average yield of raw hides and skins of cattle in Venezuela fell slightly to X kg per head, waning by -3.8% compared with 2020 figures. The yield figure increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the yield increased by 17% against the previous year. As a result, the yield reached the peak level of X kg per head, and then fell slightly in the following year.

The number of animals slaughtered for cattle hide and skin production in Venezuela expanded rapidly to X heads in 2021, surging by 11% compared with the year before. Overall, the number of producing animals, however, recorded a abrupt curtailment. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2012; however, from 2013 to 2021, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from Venezuela

Cattle hide and skin exports from Venezuela skyrocketed to X tons in 2021, growing by 655% against 2020 figures. Overall, exports, however, faced a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cattle hide and skin exports skyrocketed to $X in 2021. In general, exports, however, faced a drastic downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X tons), Thailand (X tons) and Turkey (X tons) were the main destinations of cattle hide and skin exports from Venezuela, together accounting for 75% 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 Cambodia (with a CAGR of +566.0%), while the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), Hong Kong SAR ($X) and Thailand ($X) were the largest markets for cattle hide and skin exported from Venezuela worldwide, with a combined 70% share of total exports.

Among the main countries of destination, Cambodia, with a CAGR of +1,602.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2021, declining by -19.3% against the previous year. Overall, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2015 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Thailand ($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 Cambodia (+154.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Raw Hides And Skins of Cattle

Imports into Venezuela

In 2021, the amount of raw hides and skins of cattle imported into Venezuela totaled X tons, growing by 2.4% against the year before. Over the period under review, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 495%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports stood at $X in 2021. In general, imports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 146%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main supplier of cattle hide and skin to Venezuela, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +25.0%.

In value terms, Italy ($X) constituted the largest supplier of raw hides and skins of cattle to Venezuela.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +10.3%.

Import Prices by Country

The average cattle hide and skin import price stood at $X per ton in 2021, growing by 4.4% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 89%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -11.8% per year.

Source: IndexBox Platform

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