The European sold production of whole raw hides and skins of bovines or equines shows Italy as the dominant producer, markedly outpacing other countries with an impressive increase in production by 109.24% in 2023. Conversely, Sweden faced a notable decline of 14.77%. Norway exhibited strong growth at 26.18%, while countries like Lithuania and Latvia saw significant downturns. Countries like Denmark and Finland showcased moderate growth, indicative of underlying potential in the sector. Overall sector dynamics reflect a mixed picture of growth, stability, and challenges, requiring strategic alignment in production and market exploration.
Future trends to watch include Italy's sustained dominance amid expected competitive pressure from countries exhibiting growth like Norway, Denmark, and Belgium. Monitoring how emerging markets stabilize and the adaptability to environmentally sustainable practices will dictate the long-term trajectory. Additionally, technological innovation and shifts in global demand will play crucial roles in shaping strategic outcomes for this sector.
Top countries in Sold Production of Whole Raw Hides and Skins of Bovines or Equines by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 730,400,000 | 2023 | +83.57% | +109.24% | View data |
| 2 | 2 Netherlands | 10,701,000 | 2023 | +17.28% | +3.6% | View data |
| 3 | 3 Belgium | 7,214,500 | 2023 | +3.6% | +2.32% | View data |
| 4 | 4 United Kingdom | 6,467,800 | 2023 | +2.45% | +1.05% | View data |
| 5 | 5 Sweden | 4,466,100 | 2023 | +14.11% | -14.77% | View data |
| 6 | 6 France | 3,606,100 | 2023 | -3.1% | -2.18% | View data |
| 7 | 7 Ireland | 2,240,100 | 2021 | -1.65% | -14.17% | View data |
| 8 | 8 Spain | 2,172,500 | 2023 | +3.19% | +2.06% | View data |
| 9 | 9 Norway | 1,947,800 | 2023 | +0.45% | +26.18% | View data |
| 10 | 10 Germany | 1,763,200 | 2023 | +0.16% | +0.0083% | View data |
