SADC: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in SADC

The SADC cattle hide and skin market amounted to $X in 2023, surging by X% against the previous year. Over the period under review, consumption continues to indicate a mild curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Raw Hides And Skins of Cattle in SADC

In value terms, cattle hide and skin production expanded notably to $X in 2023 estimated in export price. Overall, production showed a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

The countries with the highest volumes of production in 2023 were South Africa (X tons), Tanzania (X tons) and Zimbabwe (X tons), together comprising X% of total production.

From 2012 to 2023, the biggest increases were recorded for Tanzania (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average yield of raw hides and skins of cattle in SADC amounted to X kg per head, approximately mirroring the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the cattle hide and skin yield hit record highs at X kg per head in 2019; however, from 2020 to 2023, the yield remained at a lower figure.

In 2023, approx. X heads of animals slaughtered for cattle hide and skin production in SADC; standing approx. at 2022 figures. Overall, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2022, and then dropped in the following year.

Exports of Raw Hides And Skins of Cattle

Exports in SADC

In 2023, shipments abroad of raw hides and skins of cattle increased by X% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, exports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, cattle hide and skin exports soared to $X in 2023. In general, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was approx. X% of total exports in 2023. Zimbabwe (X tons) took the second position in the ranking, followed by Tanzania (X tons). All these countries together took approx. X% share of total exports. The following exporters - Mozambique (X tons) and Botswana (X tons) - together made up X% of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Mozambique (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Tanzania (X%), Zimbabwe (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa and Mozambique increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest cattle hide and skin supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

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

Imports of Raw Hides And Skins of Cattle

Imports in SADC

In 2023, cattle hide and skin imports in SADC reduced notably to X tons, declining by X% against the previous year. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, cattle hide and skin imports dropped significantly to $X in 2023. Overall, imports showed a dramatic decrease. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

South Africa dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2023. Democratic Republic of the Congo (X tons) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to cattle hide and skin imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. While the share of Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported raw hides and skins of cattle in SADC, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total imports.

In South Africa, cattle hide and skin imports declined by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 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 Democratic Republic of the Congo ($X per ton), while South Africa totaled $X per ton.

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

Source: IndexBox Platform