Tanzania: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Tanzania

The Tanzanian cattle hide and skin market declined modestly to $X in 2023, therefore, remained relatively stable against the previous year. In general, the total consumption indicated strong growth from 2012 to 2023: its value 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. Based on 2023 figures, consumption increased by X% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2022, and then contracted in the following year.

Production of Raw Hides And Skins of Cattle in Tanzania

In value terms, cattle hide and skin production shrank modestly to $X in 2023 estimated in export price. Overall, production, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

In 2023, the average cattle hide and skin yield in Tanzania fell modestly to X kg per head, remaining stable against the year before. Overall, the yield indicated perceptible growth from 2012 to 2023: its figure 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. Based on 2023 figures, cattle hide and skin yield increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The cattle hide and skin yield peaked at X kg per head in 2019; however, from 2020 to 2023, the yield failed to regain momentum.

In 2023, approx. X heads of animals slaughtered for cattle hide and skin production in Tanzania; standing approx. at the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2022, and then shrank modestly in the following year.

Exports of Raw Hides And Skins of Cattle

Exports from Tanzania

In 2023, the amount of raw hides and skins of cattle exported from Tanzania dropped remarkably to X tons, which is down by X% against the previous year. In general, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2014 when exports increased by X,212%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, cattle hide and skin exports surged to $X in 2023. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X,327% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons), China (X tons) and the United States (X tons) were the main destinations of cattle hide and skin exports from Tanzania, with a combined X% share of total exports.

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

In value terms, Nigeria ($X) remains the key foreign market for raw hides and skins of cattle exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

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

Imports of Raw Hides And Skins of Cattle

Imports into Tanzania

In 2023, imports of raw hides and skins of cattle into Tanzania plummeted to X tons, which is down by X% against 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, cattle hide and skin imports reduced markedly to $X in 2023. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and Democratic Republic of the Congo (X tons) were the main suppliers of cattle hide and skin imports to Tanzania, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of raw hides and skins of cattle to Tanzania, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2023, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2023, the average cattle hide and skin import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform