Market movement
In 2024, hides and skins: raw, of reptiles (fresh or 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 $420,780,561 and a three-year compound annual growth rate of +25.6% (five-year: +7.6%). The all-time peak of $420,780,561 was recorded in 2024.
Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+22.7% acceleration).
The World Trade Flows Characterization classifies hides and skins: raw, of reptiles (fresh or 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 medium price range price segment, providing additional context for market positioning and competitive dynamics.
