Market research

Raw bovine and equine hides and skins market in Nepal

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, production of raw bovine and equine hides in Nepal grew from 31 110 t to 31 839 t. This rise aligned with strong regional expansion in the Asia-Pacific market, where production and consumption increased by over 5% annually, primarily driven by China's dominant demand and output.

Production dipped slightly to 31 613 t in 2021 before recovering to 32 607 t in 2022. During this period, exports began to rise steadily, starting from 76 t in 2021, indicating a growing external channel for Nepalese hides.

In 2023, production collapsed by 40% to 19 573 t, and domestic market volume fell to 18 476 t. This sharp decline coincided with a tenfold increase in exports to 1 096 t, diverting much of the supply abroad. The broader Asia-Pacific region was experiencing a two-year downward trend, influenced by post-pandemic supply chain adjustments and global market volatility, which contributed to the market's contraction.

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

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

Nepal's production of raw bovine and equine hides and skins has increased for the third consecutive year. In 2020, production remained stable at 31 839 tonnes compared to the previous year. Between 2017 and 2020, production grew by 5.2%, which translates to an average annual increase of 1.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.8%	1.8%	0.5%	1.7%

Source: SHEV.io

Exports raw bovine and equine hides and skins from Nepal

Exports in kind, kg

The export market for raw bovine and equine hides and skins showed significant volatility during this period. In 2018, exports reached their lowest point at 151.5 kg, then surged to a peak of 621.0 kg in 2019, representing a 4.1-fold increase. In 2020, exports dropped sharply to 265.8 kg, marking a 57.2% decline from the previous year. The largest year-on-year increase occurred in 2019, with exports growing by 309.9%.

Annual dynamics of product's exports from Nepal in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.7%)	309.9%	(57.2%)	16.2%

Source: SHEV.io

From 2017 to 2020, Spain, the United States, and Norway were the top destinations for Nepal's raw bovine and equine hides and skins exports by volume. Spain accounted for 30.9% of exports, followed by the United States at 25.6%, and Norway at 22.0%. Together, these three countries made up 78.5% 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 Nepal in kind, 2017-2020

Source: SHEV.io

Exports in value, $ US

Export values for raw bovine and equine hides and skins experienced considerable fluctuations, reflecting a volatile market. In 2019, exports peaked at 759.5 US dollars, then fell to a low of 238.9 US dollars in 2020, a 3.2-fold decrease. The 2020 figure represented a sharp 68.5% drop from the previous year. The largest year-on-year increase was recorded in 2019, with a rise of 161.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.0%)	161.9%	(68.5%)	(12.6%)

Source: SHEV.io

Between 2017 and 2020, the United States, Spain, and Norway consistently led as the top markets for Nepal's raw bovine and equine hides and skins exports by value. The United States accounted for 33.9% of export value, Spain for 27.7%, and Norway for 14.5%. Combined, these three countries represented 76.1% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports raw bovine and equine hides and skins to Nepal

Imports in kind, kg

In 2018, Nepal imported a total of value_last_year kg of raw bovine and equine hides and skins, which was 2,806.0% higher than the previous year.

Annual dynamics of product's imports to Nepal in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	2 806.0%	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, India was the primary source for Nepal's imports of raw bovine and equine hides and skins, accounting for 96.7% of total import volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2018, Nepal imported a total of value_last_year US dollars worth of raw bovine and equine hides and skins, representing a steep increase of 4,552.8% compared to the prior year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4 552.8%	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Nepal's imports of raw bovine and equine hides and skins were heavily dependent on India, which accounted for 97.9% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io