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 slight decline, with global flows reaching $89,904,485 and a three-year compound annual growth rate of -6.1% (five-year: -8.3%). The all-time peak of $281,229,430 was recorded in 1995; the current level is 68% below that high-water mark.
Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+2.1% 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.
