Western Africa - Raw Hides and Skins of Cattle - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Market for Raw Hides And Skins of Cattle 2024
Market Size for Raw Hides And Skins of Cattle in Western Africa
The West African cattle hide and skin market amounted to $X in 2023, rising by X% against the previous year. The total consumption indicated a measured expansion 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 2018 indices. The level of consumption peaked in 2023 and is likely to see steady growth in years to come.
Production of Raw Hides And Skins of Cattle in Western Africa
In value terms, cattle hide and skin production totaled $X in 2023 estimated in export price. Overall, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
The countries with the highest volumes of production in 2023 were Nigeria (X tons), Burkina Faso (X tons) and Senegal (X tons), with a combined X% share of total production. Guinea, Niger, Mali and Benin lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Mali (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.
The average cattle hide and skin yield reduced slightly to X kg per head in 2023, leveling off at the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by X%. The level of yield peaked at X kg per head in 2013; however, from 2014 to 2023, the yield stood at a somewhat lower figure.
In 2023, approx. X heads of animals slaughtered for cattle hide and skin production in Western Africa; standing approx. at 2022 figures. Over the period under review, the number of producing animals, however, continues to indicate modest growth. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2022, and then dropped in the following year.
Exports of Raw Hides And Skins of Cattle
Exports in Western Africa
After two years of growth, overseas shipments of raw hides and skins of cattle decreased by X% to X tons in 2023. In general, exports, however, recorded a temperate expansion. The growth pace was the most rapid in 2016 with an increase of X%. The volume of export peaked at X tons in 2022, and then declined remarkably in the following year.
In value terms, cattle hide and skin exports contracted notably to $X in 2023. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then declined markedly in the following year.
Exports by Country
Nigeria (X tons), Mali (X tons), Mauritania (X tons) and Niger (X tons) represented roughly X% of total exports in 2023. Senegal (X tons) took a little share of total exports.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Nigeria ($X) remains the largest cattle hide and skin supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with a X% share of total exports. It was followed by Niger, with a X% share.
In Nigeria, cattle hide and skin exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mauritania (X% per year) and Niger (X% per year).
Export Prices by Country
The export price in Western Africa stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Mali ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Niger (X%), while the other leaders experienced a decline in the export price figures.
Imports of Raw Hides And Skins of Cattle
Imports in Western Africa
In 2023, cattle hide and skin imports in Western Africa fell to X tons, which is down by X% compared with 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2022, and then fell in the following year.
In value terms, cattle hide and skin imports reached $X in 2023. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in the near future.
Imports by Country
Nigeria represented the main importer of raw hides and skins of cattle in Western Africa, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. It was distantly followed by Benin (X tons), making up a X% share of total imports. Ghana (X tons) followed a long way behind the leaders.
From 2012 to 2023, average annual rates of growth with regard to cattle hide and skin imports into Nigeria stood at X%. At the same time, Benin (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2023. By contrast, Ghana (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.) and Benin (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Ghana (X p.p.) displayed negative dynamics.
In value terms, Nigeria ($X) constitutes the largest market for imported raw hides and skins of cattle in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports.
In Nigeria, cattle hide and skin imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Benin (X% per year).
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Benin ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for cattle hide and skin in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 919 - Cattle hides, fresh
- FCL 957 - Buffalo hides, fresh
- FCL 1102 - Horse hides, fresh
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Western Africa, split by region and country
- Trade (exports and imports) in Western Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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