In 2023, the import of fresh or wet-salted whole hides and skins of bovine animals to the US stood at a significant baseline value. The forecasted data indicates a year-on-year decline from 2024 through 2028, with values decreasing from $21.999 million in 2024 to $15.827 million in 2028. The average compound annual growth rate (CAGR) over this five-year period suggests a consistent decline in imports.

Future trends to watch for include:

Potential policy changes affecting trade and imports in the US.
Shifts in consumer demand impacting the hides and skins market.
Technological advancements in synthetic alternatives potentially reducing demand.