Raw bovine and equine hides and skins market in Denmark, 2026

Earlier Report Observations

Between 2018 and 2024, the Danish market for raw bovine and equine hides and skins showed considerable volatility. The market volume began at 34 123 tonnes in 2018, dipped slightly the following year, and then surged by over 12 600 tonnes to reach 45 656 tonnes in 2020. This upward trajectory continued into 2021, with the market peaking at 48 719 tonnes, marking the highest volume in the observed period.

The market's direction reversed sharply in 2022, contracting by nearly 32% to 33 141 tonnes. A partial recovery followed in 2023, bringing the volume back to 40 793 tonnes. However, this resurgence was short-lived, as 2024 saw the market fall to its lowest point of 27 531 tonnes, concluding the seven-year span with an overall downward trend from the initial level.

The period was characterized by a pronounced cycle of expansion and contraction. The peak years of 2020 and 2021 gave way to a significant correction, with the market ultimately settling at a volume more than 6 500 tonnes below its 2018 starting point by the end of 2024.

Production raw bovine and equine hides and skins in Denmark

In value, 2018-2021, K $ US

Denmark's production of raw bovine and equine hides and skins increased in value after two years of decline. In 2021, output reached 57 732 thousand US dollars, marking a sharp 53.8% increase compared to 2020. However, looking at the period from 2018 to 2021, production decreased by 22.7%, which translates to an annualized decline of 8.2%. The lowest value was recorded in 2019 at 37 539 thousand US dollars, with the largest drop occurring that same year at 32.4%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

Top producers of raw bovine and equine hides and skins, 2018-2021

World map of production of raw bovine and equine hides and skins, 2018-2021

Denmark's production of raw bovine and equine hides and skins grew in volume for the second consecutive year. In 2021, the country produced 46 911 tons, representing a 6.9% increase from 2020. Over the 2018-2021 period, production rose by 29.8%, with a compound annual growth rate of 9.1%. The lowest volume was recorded in 2019 at 33 724 tons, which also saw the largest decline of 6.7%. In contrast, the largest increase occurred in 2020, with a 30.1% rise.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports raw bovine and equine hides and skins from Denmark

Exports in kind, t

After two years of decline, Denmark's exports of raw bovine and equine hides and skins increased in volume. In 2021, export volume reached 32 355 tons, up 14.9% from 2020. However, from 2018 to 2021, exports decreased by 2.8%, averaging an annual decline of 1.0%. The lowest volume was recorded in 2020 at 28 148 tons, while the largest drop occurred in 2019 at 8.2%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Italy, China, and Sweden were the main markets for Denmark's exports of raw bovine and equine hides and skins by volume. Italy accounted for 28.7% of exports, China for 18.0%, and Sweden for 16.6%. Together, these three countries represented 63.4% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

Following two years of reduction, Denmark's exports of raw bovine and equine hides and skins increased in value. In 2021, exports stood at 41 673 thousand US dollars, a sharp 40.1% rise compared to 2020. However, over the 2018-2021 period, exports decreased by 22.6%, equating to an annualized decline of 8.2%. The lowest value was recorded in 2020 at 29 741 thousand US dollars, with the largest drop occurring in 2019 at 28.5%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

From 2018 to 2021, Italy, China, and Sweden were the primary buyers of Denmark's raw bovine and equine hides and skins by value. Italy accounted for 41.7% of exports, China for 18.9%, and Sweden for 15.0%. Collectively, these three markets made up 75.7% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports raw bovine and equine hides and skins to Denmark

Imports in kind, t

Denmark's imports of raw bovine and equine hides and skins increased in volume for the second year in a row. In 2021, the country imported 34 163 tons, up 14.2% from the previous year. Over the 2018-2021 period, imports grew by 9.2%, with an annualized increase of 3.0%. The lowest volume was recorded in 2019 at 29 849 tons, which also saw the largest decline of 4.6%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, Germany and Sweden were the dominant sources for Denmark's imports of raw bovine and equine hides and skins by volume, while other markets played a less significant role.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

The market showed significant volatility during these years, with a 2.6-fold difference between the peak in 2018 and the low in 2020. In 2021, Denmark's imports of raw bovine and equine hides and skins reached 40 247 thousand US dollars, a dramatic 120.3% increase from the previous year. The lowest value was recorded in 2020 at 18 273 thousand US dollars, while the largest decline occurred in 2019 at 46.4%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

From 2018 to 2021, Germany and Sweden remained the main suppliers of raw bovine and equine hides and skins to Denmark by value, together accounting for 96.5% of total imports. The remaining share was fragmented across other countries.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021