Market for Cattle Hide And Skin in Angola
Market Overview
In 
, after three years of decline, there was significant growth in the Angolan cattle hide and skin market, when its value increased by % to $. Over the period under review, consumption, however, saw a mild reduction. Cattle hide and skin consumption peaked at $ in 2010; however, from 2011 to , consumption stood at a somewhat lower figure.
In value terms, cattle hide and skin production surged to $ in estimated in export price. In general, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of %. Over the period under review, production hit record highs at $ in 2010; however, from 2011 to , production failed to regain momentum.
The average yield of raw hides and skins of cattle in Angola totaled kg per head in , almost unchanged from the year before. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by %. The cattle hide and skin yield peaked at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.
In, approx. heads of animals slaughtered for cattle hide and skin production in Angola; standing approx. at . This number increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the number of producing animals increased by % against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at heads in , and then declined modestly in the following year.
, after three years of decline, there was significant growth in the Angolan cattle hide and skin market, when its value increased by % to $. Over the period under review, consumption, however, saw a mild reduction. Cattle hide and skin consumption peaked at $ in 2010; however, from 2011 to , consumption stood at a somewhat lower figure.In value terms, cattle hide and skin production surged to $
in estimated in export price. In general, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of %. Over the period under review, production hit record highs at $ in 2010; however, from 2011 to , production failed to regain momentum.The average yield of raw hides and skins of cattle in Angola totaled
kg per head in , almost unchanged from the year before. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by %. The cattle hide and skin yield peaked at kg per head in 2007; however, from 2008 to , the yield remained at a lower figure.In
, approx. heads of animals slaughtered for cattle hide and skin production in Angola; standing approx. at . This number increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the number of producing animals increased by % against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at heads in , and then declined modestly in the following year.Consumption
In , consumption of raw hides and skins of cattle increased by % to tons, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2014 to , the growth of the consumption remained at a somewhat lower figure.
The size of the cattle hide and skin market in Angola declined modestly to $ in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a slight decline. Cattle hide and skin consumption peaked at $ in 2010; however, from 2011 to , consumption remained at a lower figure.
, consumption of raw hides and skins of cattle increased by % to tons, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2014 to , the growth of the consumption remained at a somewhat lower figure.The size of the cattle hide and skin market in Angola declined modestly to $
in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a slight decline. Cattle hide and skin consumption peaked at $ in 2010; however, from 2011 to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for raw hides and skins of cattle in Angola, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of cattle hide and skin in Angola were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for cattle hide and skin.
Trade Balance
Angola remains a net exporter of cattle hide and skin; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report