Raw bovine and equine hides and skins market in Cambodia

Earlier Report Observations

From 2020 to 2023, the market volume for raw bovine and equine hides and skins in Cambodia more than doubled, reaching 35 558 t. This surge was primarily fueled by a sharp increase in imports, which rose from 3 756 t in 2020 to 20 503 t in 2023. In 2023, Cambodia stood out as one of the fastest-growing importers of these hides globally, reflecting heightened regional demand and supply chain dynamics that boosted market activity.

Domestic production remained steady at around 15 000 t per year throughout the period, indicating that the market expansion was almost entirely import-driven. Exports were negligible and volatile, peaking in 2019 at 381 t before dropping to near zero. The overall market growth trajectory was sustained, with the country consolidating its position as a major importer in the Asia-Pacific region by 2024.

Production raw bovine and equine hides and skins in Cambodia

In kind, 2017-2020, t

Top producers of raw bovine and equine hides and skins, 2017-2020

World map of production of raw bovine and equine hides and skins, 2017-2020

Cambodia produced 14 837 tonnes of raw bovine and equine hides and skins in 2020, representing a 2.2% decrease from the previous year. Production peaked in 2019 at 15 173 tonnes, with the largest annual increase of 1.0% also occurring that year.

Annual dynamics of production in Cambodia in kind, 2017-2020, t

Exports raw bovine and equine hides and skins from Cambodia

Exports in kind, t

The export market for raw bovine and equine hides and skins showed significant volatility during the observed period. In 2018, exports reached their lowest point at 110 tonnes, while 2019 saw the highest volume at 381 tonnes—a 3.5-fold difference between these years. In 2020, Cambodia's exports totalled 140 tonnes, marking a sharp 63.2% decline from 2019. The largest annual increase occurred in 2019, with exports surging by 245.1%.

Annual dynamics of product's exports from Cambodia in kind, 2017-2020, t

From 2017 to 2020, China and Hong Kong were the primary destinations for Cambodia's raw bovine and equine hides and skins exports, accounting for 83.5% of total export volumes. The remaining 16.5% went to other partner countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Cambodia in kind, 2017-2020

Exports in value, K $ US

Export values for raw bovine and equine hides and skins experienced notable fluctuations during this period. The lowest value was recorded in 2018 at 140 thousand US dollars, while 2019 saw the peak at 253 thousand US dollars—a 1.8-fold variation. In 2020, exports amounted to 177 thousand US dollars, reflecting a significant 29.9% decrease from the previous year. The largest decline occurred in 2018, with a drop of 44.1%, while 2019 saw the biggest increase at 81.1%.

Annual dynamics of product's exports from Cambodia in value, 2017-2020, K $ US

Between 2017 and 2020, China was the leading buyer of Cambodia's raw bovine and equine hides and skins in value terms, accounting for 71.4% of total export revenue. The remaining 28.6% came from a diverse group of other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Cambodia in value, 2017-2020

Imports raw bovine and equine hides and skins to Cambodia

Imports in kind, t

Import volumes for raw bovine and equine hides and skins showed considerable fluctuations during this period. Imports reached their lowest point in 2018 at 1 232 tonnes, while 2017 marked the peak—a 3.3-fold difference between these years. In 2020, Cambodia's imports stood at 3 756 tonnes, representing a substantial 197.0% increase from the previous year. The largest annual decline occurred in 2018, with a drop of 69.6%.

Annual dynamics of product's imports to Cambodia in kind, 2017-2020, t

From 2017 to 2020, the United States, Australia, and China were the core suppliers of raw bovine and equine hides and skins to Cambodia, accounting for 45.4%, 25.5%, and 18.8% of import volumes, respectively. Together, these three countries represented 89.8% of total imports, with the remainder sourced from other partners.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Cambodia in kind, 2017-2020

Imports in value, K $ US

Import values for raw bovine and equine hides and skins exhibited significant volatility during this period. The lowest value was recorded in 2018 at 877 thousand US dollars, while 2017 saw the peak—a 4.5-fold swing between these years. In 2020, imports totalled 2 776 thousand US dollars, up by 51.7% year-on-year. The largest decline occurred in 2018, with a drop of 77.6%, while 2019 saw the biggest increase at 108.7%.

Annual dynamics of product's imports to Cambodia in value, 2017-2020, K $ US

Between 2017 and 2020, China and the United States were the dominant sources of raw bovine and equine hides and skins imports in value terms, accounting for 52.2% and 34.8% of total import spending, respectively. Together, they represented 87.0% of imports, with the remaining 13.0% coming from other partners.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Cambodia in value, 2017-2020