Raw materials Norway
Norwegian cow prices stabilised after dropping €0.10 in January and sales were at €1.80. Norwegian bulls also
steadied, with 34kg and up average green weight trading at €1.90/kg.
Pakistan
Pakistan’s buffalo prices were flat through Q1 2023, with sales unchanged at $0.60 for crust, 1.3–1.5mm.
Poland
Polish cow prices rose €0.10 in late February/early March. Selections weighing 26/27kg sold for €0.70. Bull
prices were higher at the end of March with 40kg selections selling for €1.30–1.35.
South Africa
African markets continued their run of long-stable prices. Top-quality South African lamb was unchanged, selling at $330–340 per dozen. Lamb HS1 was steady at $250 per dozen and Lamb HS2 also remained stable at $190 to $200. Prices for Lamb TRA were stable into April at $140 and those for Lamb TRB at $100.
Spain
Prices for lamb and sheepskin were higher thanks to good demand. Spanish entrefino for nappa was
€1.00 higher at €16.00–18.00. Entrefino doubleface was unchanged at €12.50–13.50. Double face merino prices were higher at €13.00–14.50. The lachaune selection remained steady at €6.00–6.50. Prices are ranged to reflect the different regions in Spain, from lower end to top end quality. They are quoted on an FOB origin basis, per piece (5.5– 7ft range, 6.5ft average). Spanish cow selections added €0.05 by the end of March, settling at €0.70/ kg. Prices for bulls 40kg and up average green weight were also higher, selling at €1.15–1.20.
Sweden
After dropping in late 2022 and early 2023, Swedish cow prices firmed, and at the end of March
they were selling for €1.50/kg. Bull prices were
also firmer with 34kg and up average green weight selections selling for €1.70–1.80.
Turkey
Turkish raw materials saw decreases in March. Bulls were selling at $1.35– 1.40/kg while cows were down $0.15
at $1.10–1.05/kg. In 2022, the balance between exports and imports collapsed. With the increase in energy prices, the import deficit reached more than $120bn.
In early February this year, Turkey also faced the tragic earthquake that caused $84bn in damage. The Turkish lira, however, was able to remain stable against the dollar. Since meat is very expensive compared with the minimum wage in Turkey, slaughter is very low, as is demand from Turkish tanneries. On 8 March, the Turkish government banned live animal markets and gave permission for the importation of meat.
UK
English prices were stable throughout Q1 2023. The +36kg ox was at £0.85/kg.
Uruguay
Data from the Uruguay XXI Institute shows that leather sector exports totalled $21m in the first two months of 2023. This is $4m less than the total exported the same period in 2022, a decline of 18%. In the 12-month analysis, February exports were also negative. Shipments of leather and its manufactures totalled $11m in February 2023, a slowdown of 5%.
US
Pressure on US steer prices increased as 2022 wore on. Demand remained weak and although prices
had increased slightly, they were softer at the end of March. Heavy Texas steers were steady at $26.00 for 64/66lb selections.
The US cow market was also under pressure from poor demand. Plump cows saw prices decline in the second half of March. Dairy cows, which enjoyed good interest in February, saw demand and prices drop off by mid to late March. ●
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Leather International /
www.leathermag.com
Karel Stipek/
Shutterstock.com
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