Algeria: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Algeria

The Algerian cattle hide and skin market totaled $X in 2023, remaining constant against the previous year. In general, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Production of Raw Hides And Skins of Cattle in Algeria

In value terms, cattle hide and skin production totaled $X in 2023 estimated in export price. Over the period under review, production saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

The average yield of raw hides and skins of cattle in Algeria fell slightly to X kg per head in 2023, remaining stable against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the yield increased by X%. Over the period under review, the average cattle hide and skin yield reached the peak level at X kg per head in 2022, and then contracted in the following year.

In 2023, number of animals slaughtered for cattle hide and skin production in Algeria reached X heads, flattening at 2022. Overall, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2015; however, from 2016 to 2023, producing animals failed to regain momentum.

Exports of Raw Hides And Skins of Cattle

Exports from Algeria

After two years of growth, overseas shipments of raw hides and skins of cattle decreased by X% to X tons in 2023. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2022, and then dropped notably in the following year.

In value terms, cattle hide and skin exports fell rapidly to $X in 2023. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for cattle hide and skin exports from Algeria, with a X% share of total exports. It was followed by Tunisia (X tons), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Turkey stood at X%.

In value terms, Turkey ($X) remains the key foreign market for raw hides and skins of cattle exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Turkey totaled X%.

Export Prices by Country

In 2023, the average cattle hide and skin export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Imports of Raw Hides And Skins of Cattle

Imports into Algeria

After five years of growth, purchases abroad of raw hides and skins of cattle decreased by X% to X tons in 2023. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2022, and then fell slightly in the following year.

In value terms, cattle hide and skin imports dropped modestly to $X in 2023. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then dropped slightly in the following year.

Imports by Country

In 2023, Italy (X tons) was the main cattle hide and skin supplier to Algeria, with a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%.

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

From 2012 to 2023, the average annual growth rate of value from Italy stood at X%.

Import Prices by Country

In 2023, the average cattle hide and skin import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Italy amounted to X% per year.

Source: IndexBox Platform