MENA: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in MENA

The MENA's cattle hide and skin market rose remarkably to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in MENA

In value terms, cattle hide and skin production rose markedly to $X in 2023 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Turkey (X tons) remains the largest cattle hide and skin producing country in MENA, comprising approx. X% of total volume. Moreover, cattle hide and skin production in Turkey exceeded the figures recorded by the second-largest producer, Egypt (X tons), threefold. The third position in this ranking was taken by Morocco (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Turkey totaled X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Morocco (X% per year).

The average cattle hide and skin yield shrank slightly to X kg per head in 2023, reducing by X% compared with 2022 figures. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. The level of yield peaked at X kg per head in 2022, and then fell in the following year.

In 2023, approx. X heads of animals slaughtered for cattle hide and skin production in MENA; increasing by X% compared with the previous year's figure. Over the period under review, the number of producing animals recorded a slight increase. The most prominent rate of growth was recorded in 2021 when the number of producing animals increased by X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2022 to 2023, the growth of this number remained at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in MENA

After two years of growth, overseas shipments of raw hides and skins of cattle decreased by X% to X tons in 2023. Total exports indicated strong growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2022, and then fell in the following year.

In value terms, cattle hide and skin exports reduced to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Iraq represented the largest exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Lebanon (X tons), Saudi Arabia (X tons), Tunisia (X tons), Israel (X tons) and Libya (X tons), together generating a X% share of total exports. Palestine (X tons) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to cattle hide and skin exports from Iraq stood at X%. At the same time, Saudi Arabia (X%), Palestine (X%), Tunisia (X%), Libya (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of Iraq (X p.p.), Saudi Arabia (X p.p.), Palestine (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Lebanon (X p.p.) and Israel (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X) remains the largest cattle hide and skin supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Iraq totaled X%. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Israel (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced a decline in the export price figures.

Imports of Raw Hides And Skins of Cattle

Imports in MENA

Cattle hide and skin imports rose remarkably to X tons in 2023, increasing by X% compared with the year before. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, cattle hide and skin imports amounted to $X in 2023. Over the period under review, imports showed resilient growth. The pace of growth was the most pronounced in 2022 when imports increased by X%. The level of import peaked in 2023 and is likely to continue growth in years to come.

Imports by Country

Turkey dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2023. Egypt (X tons) took a relatively small share of total imports.

Turkey was also the fastest-growing in terms of the raw hides and skins of cattle imports, with a CAGR of X% from 2012 to 2023. At the same time, Egypt (X%) displayed positive paces of growth. From 2012 to 2023, the share of Turkey increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported raw hides and skins of cattle in MENA, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports.

In Turkey, cattle hide and skin imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, reducing by X% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while Turkey stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Source: IndexBox Platform