South-Eastern Asia: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in South-Eastern Asia

In 2023, the Southeast Asian cattle hide and skin market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Raw Hides And Skins of Cattle in South-Eastern Asia

In value terms, cattle hide and skin production reduced modestly to $X in 2023 estimated in export price. In general, production recorded a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Vietnam (X tons), Indonesia (X tons) and Myanmar (X tons), together accounting for X% of total production.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

The average cattle hide and skin yield reduced modestly to X kg per head in 2023, flattening at 2022. Over the period under review, the yield, 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, the cattle hide and skin yield reached the maximum level at X kg per head in 2016; however, from 2017 to 2023, the yield remained at a lower figure.

In 2023, the number of animals slaughtered for cattle hide and skin production in South-Eastern Asia contracted modestly to X heads, approximately equating 2022 figures. Overall, the number of producing animals showed a slight contraction. The growth pace was the most rapid in 2021 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2017; however, from 2018 to 2023, producing animals stood at a somewhat lower figure.

Exports of Raw Hides And Skins of Cattle

Exports in South-Eastern Asia

In 2023, shipments abroad of raw hides and skins of cattle decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, cattle hide and skin exports fell notably to $X in 2023. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Vietnam (X tons) represented the key exporter of raw hides and skins of cattle, creating X% of total exports. It was distantly followed by Cambodia (X tons), Myanmar (X tons) and Malaysia (X tons), together achieving a X% share of total exports. Thailand (X tons) and Brunei Darussalam (X tons) held a relatively small share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2023. At the same time, Cambodia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. Brunei Darussalam experienced a relatively flat trend pattern. By contrast, Thailand (X%), Myanmar (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Myanmar (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest cattle hide and skin supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with an X% share.

In Vietnam, cattle hide and skin exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, growing by X% against the previous year. Overall, the export price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices failed to regain momentum.

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

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

Imports of Raw Hides And Skins of Cattle

Imports in South-Eastern Asia

After two years of growth, purchases abroad of raw hides and skins of cattle decreased by X% to X tons in 2023. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, cattle hide and skin imports dropped remarkably to $X in 2023. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Thailand (X tons) and Indonesia (X tons) represented the main importers of raw hides and skins of cattle in South-Eastern Asia, together comprising X% of total imports. Vietnam (X tons) held the next position in the ranking, followed by Cambodia (X tons). All these countries together held near X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. These countries were followed by Cambodia, which accounted for a further X%.

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform