Italy: Market for Raw Hides And Skins of Cattle 2024

Market Size for Raw Hides And Skins of Cattle in Italy

The Italian cattle hide and skin market rose sharply to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, saw a pronounced curtailment. Over the period under review, the market attained the peak level 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 Italy

In value terms, cattle hide and skin production expanded modestly to $X in 2023 estimated in export price. Over the period under review, production showed a deep setback. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Cattle hide and skin production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

In 2023, the average yield of raw hides and skins of cattle in Italy reduced to X kg per head, therefore, remained relatively stable against the year before. In general, the yield continues to indicate a slight descent. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2016 to 2023, the growth of the average cattle hide and skin yield failed to regain momentum.

In 2023, number of animals slaughtered for cattle hide and skin production in Italy dropped to X heads, therefore, remained relatively stable against 2022 figures. Over the period under review, the number of producing animals saw a slight decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. The number of animals slaughtered for cattle hide and skin production peaked at X heads in 2012; however, from 2013 to 2023, producing animals remained at a lower figure.

Exports of Raw Hides And Skins of Cattle

Exports from Italy

In 2023, after two years of growth, there was decline in shipments abroad of raw hides and skins of cattle, when their volume decreased by X% to X tons. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2022, and then reduced slightly in the following year.

In value terms, cattle hide and skin exports totaled $X in 2023. Over the period under review, exports saw a perceptible slump. 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 exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main destinations of cattle hide and skin exports from Italy, with a combined X% share of total exports. Austria, France, the Czech Republic, Turkey, Slovakia, Indonesia, Poland, the Netherlands, Nigeria and Slovenia lagged somewhat behind, together accounting for a further X%.

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, the largest markets for cattle hide and skin exported from Italy were Germany ($X), China ($X) and Spain ($X), together comprising X% of total exports. Austria, France, the Czech Republic, the Netherlands, Poland, Turkey, Slovakia, Indonesia, Slovenia and Nigeria lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cattle hide and skin export price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Nigeria ($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 the Czech Republic (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 Italy

In 2023, approx. X tons of raw hides and skins of cattle were imported into Italy; with an increase of X% on 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, cattle hide and skin imports rose rapidly to $X in 2023. Overall, imports, however, saw a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of cattle hide and skin imports to Italy, together accounting for X% of total imports. Spain, the UK, Sweden, Poland, Switzerland, Ireland, Denmark, Belgium, Croatia and Finland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest cattle hide and skin suppliers to Italy were France ($X), the Netherlands ($X) and Spain ($X), with a combined X% share of total imports. Germany, Switzerland, Sweden, the UK, Poland, Denmark, Belgium, Ireland, Finland and Croatia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average cattle hide and skin import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform