Market research

Raw bovine and equine hides and skins market in Georgia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The domestic market volume for raw bovine and equine hides and skins in Georgia contracted from 1 677 t in 2018 to 789 t in 2023, a reduction of over 50%. The decline was not steady, with a sharp drop in 2019 followed by a minor recovery in 2020, a further slump in 2021, a partial rebound in 2022, and another decrease in 2023.

Production levels fluctuated between 3 015 t and 3 570 t, ending slightly lower in 2023 than in 2018. Exports grew from 2 030 t to 2 616 t over the same period, diverting more output abroad. Imports, which supplied 272 t in 2018, fell to zero from 2021 onward, removing an additional source of supply for the local market.

In July 2024, India reduced its export duty on raw hides and skins from 40% to 20%, a change affecting global market access. Georgian exports of these products reached 2 876 t in 2024, continuing the upward trend observed in recent years.

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 Georgia
  1. 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
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 Georgia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Georgia 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 Georgia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Georgia 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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 Georgia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Georgia 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 Georgia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Georgia 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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 Georgia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Georgia 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 Georgia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Georgia 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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 Georgia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Georgia 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 Georgia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Georgia 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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 Georgia

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

Georgia's production of raw bovine and equine hides and skins has declined for the second year in a row. In 2020, the country produced 3 015 tonnes, marking a moderate 9.0% decrease from the previous year. Looking at the period from 2017 to 2020, overall production fell by 6.1%, with an average annual decline of 2.1%. The highest production level was recorded in 2018 at 3 435 tonnes, which also saw the largest annual increase of 7.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.0%	(3.5%)	(9.0%)	(2.1%)

Source: SHEV.io

Exports raw bovine and equine hides and skins from Georgia

Exports in kind, t

In 2020, Georgia exported 1 836 tonnes of raw bovine and equine hides and skins, representing a significant 22.2% drop compared to the previous year. From 2017 to 2020, exports decreased by 31%, translating to an average annual decline of 11.6%. The sharpest fall occurred in 2018 with a 23.7% decrease, while the largest increase was in 2019 at 16.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(23.7%)	16.3%	(22.2%)	(11.6%)

Source: SHEV.io

From 2017 to 2020, Turkey was the dominant destination for Georgia's exports of raw bovine and equine hides and skins, consistently accounting for 98.9% of the total volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Georgia's exports of raw bovine and equine hides and skins in value terms declined for the third consecutive year. In 2020, exports amounted to 555 thousand US dollars, showing a sharp contraction of 39.2% from the previous year. Between 2017 and 2020, export value fell by 70.6%, with an average annual decline of 33.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.2%)	(39.3%)	(39.2%)	(33.5%)

Source: SHEV.io

During the 2017–2020 period, Turkey clearly dominated as the primary buyer of raw bovine and equine hides and skins from Georgia, accounting for 97.4% 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 Georgia in value, 2017-2020

Source: SHEV.io

Imports raw bovine and equine hides and skins to Georgia

Imports in kind, t

Georgia's imports of raw bovine and equine hides and skins declined for the second year in a row. In 2020, the country imported 23 tonnes, reflecting a dramatic decrease of 88.6% compared to the previous year. From 2018 to 2020, imports dropped by 91.4%, with an average annual decline of 55.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(24.6%)	(88.6%)	-

Source: SHEV.io

Between 2017 and 2020, Italy was the main source for Georgia's imports of raw bovine and equine hides and skins, absorbing 82.3% of the total volume, while the remainder was distributed among various smaller countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Georgia's imports of raw bovine and equine hides and skins in value terms fell for the second consecutive year. In 2020, imports totaled 1 thousand US dollars, showing a drastic 96.9% year-over-year decrease. Over the period from 2018 to 2020, import value declined by 98.2%, with an average annual decline of 74.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(43.7%)	(96.9%)	-

Source: SHEV.io

From 2017 to 2020, Italy was the dominant supplier of raw bovine and equine hides and skins to Georgia, accounting for 83.9% of total import value, with other countries sharing the remaining portion.

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

Source: SHEV.io

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

Source: SHEV.io