Market research

Raw bovine and equine hides and skins market in Caribbean

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The Caribbean market for raw bovine and equine hides and skins expanded steadily from 2018 to 2021, with its volume growing from 18 101 t to 20 427 t. This increase followed a recovery in domestic production, which rose to 27 649 t in 2021 after a previous decline.

Market volume corrected to 19 059 t in 2022, a decrease of 7%, before stabilizing at 19 170 t in 2023. The 2022 contraction coincided with a significant rise in export shipments, which reached 9 337 t that year.

In 2024, persistent global supply chain challenges and geopolitical uncertainties influenced trade flows. Strong external demand, particularly from the United States where export prices increased sharply, supported Caribbean export volumes, which rose to 7 641 t.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production raw bovine and equine hides and skins in Caribbean

In kind, 2017-2020, t

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

Source: SHEV.io

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

Source: SHEV.io

Caribbean's production of raw bovine and equine hides and skins declined for the second year in a row. In 2020, the region produced 24 986 tonnes, which is 4.0% lower than in 2019. Looking at the period from 2017 to 2020, production fell by 8.5%, averaging a 2.9% annual decrease. The highest production level was in 2018, with 28 760 tonnes. The biggest drop occurred in 2019, at 9.5%, while the largest increase was in 2018, at 5.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.3%	(9.5%)	(4.0%)	(2.9%)

Source: SHEV.io

Exports raw bovine and equine hides and skins from Caribbean

Exports in kind, t

Exports of raw bovine and equine hides and skins from the Caribbean fell for the second consecutive year. In 2020, exports totaled 6 025 tonnes, a significant decline of 20.9% compared to the previous year. From 2017 to 2020, exports decreased by 36.7%, with a compound annual growth rate of -14.1%. The peak export volume was in 2018, at 10 741 tonnes. The sharpest decline was in 2019, at 29.1%, while the largest increase was in 2018, at 12.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.8%	(29.1%)	(20.9%)	(14.1%)

Source: SHEV.io

From 2017 to 2020, Turkey, Mexico, and Italy were consistently the top destinations for Caribbean exports of raw bovine and equine hides and skins in volume terms. Turkey accounted for 33.7% of exports, Mexico for 27.0%, and Italy for 9.4%. Together, these three countries made up 70.1% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Caribbean's export value of raw bovine and equine hides and skins dropped for the third year in a row. In 2020, exports amounted to 928 thousand US dollars, a decrease of 38.4% from 2019. Over the 2017-2020 period, export value fell by 70.7%, with a compound annual growth rate of -33.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.3%)	(52.2%)	(38.4%)	(33.6%)

Source: SHEV.io

Between 2017 and 2020, Mexico, Turkey, and Italy were the leading destinations for Caribbean exports of raw bovine and equine hides and skins in value terms. Mexico represented 40.4% of export value, Turkey 28.9%, and Italy 6.5%. Combined, these three countries accounted for 75.7% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports raw bovine and equine hides and skins to Caribbean

Imports in kind, t

Caribbean's imports of raw bovine and equine hides and skins decreased for the third consecutive year. In 2020, imports reached 73 tonnes, down 2.7% from the previous year. From 2017 to 2020, imports fell by 56.8%, averaging an annual decline of 24.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(51.8%)	(8.0%)	(2.7%)	(24.4%)

Source: SHEV.io

From 2017 to 2020, the United States, Costa Rica, and Chile were the primary sources for Caribbean imports of raw bovine and equine hides and skins in volume terms. The United States contributed 29.7% of imports, Costa Rica 25.6%, and Chile 11.6%. Together, these three countries represented 66.9% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Caribbean's import value of raw bovine and equine hides and skins declined for the third year in a row. In 2020, imports were approximately 63 thousand US dollars, a sharp drop of 33.0% year-over-year. Over the 2017-2020 period, import value decreased by 77.6%, with a compound annual growth rate of -39.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.9%)	(54.2%)	(33.0%)	(39.3%)

Source: SHEV.io

Between 2017 and 2020, the United States, Costa Rica, and Honduras were the main sources for Caribbean imports of raw bovine and equine hides and skins in value terms. The United States accounted for 37.6% of import value, Costa Rica for 15.0%, and Honduras for 10.4%. Collectively, these three countries made up 63.0% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io