Market movement
In 2024, hides and skins: raw, of animals n.e.c. in this chapter, fresh, salted, dried, limed, pickled or otherwise preserved, (but not tanned, parchment-dressed or further prepared), whether or not dehaired or split trade exhibited strong growth, with global flows reaching $12,889,729 and a three-year compound annual growth rate of +0.9% (five-year: -7.8%). The all-time peak of $67,731,582 was recorded in 1996; the current level is 81% below that high-water mark.
Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+12.6% acceleration).
The World Trade Flows Characterization classifies hides and skins: raw, of animals n.e.c. in this chapter, fresh, salted, dried, limed, pickled or otherwise preserved, (but not tanned, parchment-dressed or further prepared), whether or not dehaired or split as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
