In 2023, the import value of raw whole hides and skins of bovine animals to Germany stood at 9.5 million US Dollars. For the years 2024 through 2028, forecasts show a gradual decline from 9.3976 million USD in 2024 to 9.0465 million USD in 2028. This represents an average year-on-year decrease of approximately 0.85%. Over the five-year forecasted period, the compound annual growth rate (CAGR) is negative, around -0.85%, indicating a slow, steady decline in import values.
Future trends to watch include potential shifts in global market dynamics that could impact supply or demand, changes in trade policies affecting bovine hides and skins, and emerging technologies in alternative materials that could substitute traditional hides and skins, potentially reducing import demand further.
