Market movement
In 2024, tanned or crust hides and skins: of swine, without hair on, whether or not split, but not further prepared, in the dry state (crust) trade exhibited significant decline, with global flows reaching $7,358,441 and a three-year compound annual growth rate of -17.3% (five-year: -16.3%). The all-time peak of $104,228,815 was recorded in 2012; the current level is 93% 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 steady (+1.8% acceleration).
