From 2017 to 2021, Japan's import of fresh or wet-salted whole hides and skins of bovine animals displayed a significant downward trend, decreasing from 35.329 million USD to 7.7668 million USD. This represented a year-on-year reduction, notably accelerating in the final years of the period, with a substantial contraction over five years at a compound annual growth rate (CAGR) of approximately 25%.
Looking forward, factors such as domestic demand shifts, global supply chain adjustments, and potential tariff changes are essential to watch. Technological advances in alternative materials could further influence the future demand for traditional hides and skins.
