Updated Nov 5, 2022 19:47

Market for Cattle Hide And Skin in Poland

Market Overview
In , the Polish cattle hide and skin market decreased by -% to $, falling for the fourth year in a row after two years of growth. Over the period under review, consumption recorded a deep reduction. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

In value terms, cattle hide and skin production skyrocketed to $ in estimated in export price. Over the period under review, production continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2010 with an increase of %. Cattle hide and skin production peaked at $ in 2014; however, from 2015 to , production failed to regain momentum.

The average yield of raw hides and skins of cattle in Poland reduced modestly to kg per head in , with a decrease of -% compared with . The yield figure increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of % against the previous year. The cattle hide and skin yield peaked at kg per head in , and then reduced in the following year.

In , number of animals slaughtered for cattle hide and skin production in Poland reached heads, approximately mirroring the previous year's figure. This number increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. The number of animals slaughtered for cattle hide and skin production peaked at heads in 2018; afterwards, it flattened through to .


Consumption
For the third consecutive year, Poland recorded decline in consumption of raw hides and skins of cattle, which decreased by -% to tons in . In general, consumption showed a pronounced downturn. Cattle hide and skin consumption peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.

The revenue of the cattle hide and skin market in Poland contracted to $ in , declining by -% against 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 recorded a deep reduction. Cattle hide and skin consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for cattle hide and skin in Poland, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Poland 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.