Figures for the first three months of 2017 from the US Hide Skin and Leather Association (USHSLA) show that packers and traders exported 5.8 million wet salted hides to tanners overseas. In terms of value, the raw material brought in export revenues of more than US$380 million.
Compared to the same period in 2016, these figures represent increases of 17% in volume and of 19% in value, reflecting the higher volumes of cattle going to slaughter in the US this year compared to last, although a fall in hide prices that tanners have been longing for was not evident in this first quarter of the year.
On average, during the first three months of 2016, wet salted hides from the US had an export price of US$63.80. In the corresponding period this year, the average price was US$65.43, a rise of 2.5%.
As has been the case for many months, the figures for exports of wet blue from the US were less positive. Between January and March 2017, overseas tanners bought just over 1.5 million wet blue hides, paying a total of US$142 million. These figures represent declines of 6% in volume and of 5% in value compared to the same months in 2016.
The average export price for US wet blue in the first three months of 2016 was US$91.91 per piece. In the same period this year, the average price was US$94.73.
Information courtesy of Leatherbiz