2025 Feb Paraguay Leather hides (HS 4104) Export Snapshot: Vol Dip

February Trend: Paraguay Leather hides Export

Leather hides, classified under HS Code 4104 (Tanned or crust hides and skins of bovine (including buffalo) or equine animals, without hair on, whether or not split, but not further prepared.), saw mixed trends in February. Unit prices rose 2.46% month-on-month to $0.96/kg, but export value fell 5.32% to $3.18M USD as shipment volume dropped 7.59% to 3.32M kg. The decline in volume and value suggests weaker demand or supply constraints, though higher prices indicate firming market conditions. No major trade policies or disruptions were reported to explain the shift. Paraguay's leather exports remain volatile, with February's performance diverging from January's steady start.

Table: Paraguay Leather Hides Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Italy dominates Paraguay's leather hides exports, accounting for 50.25% of value but 54.65% of weight, revealing a slight bulk hub dynamic where volume slightly outpaces value—typical of raw material flows. Thailand, however, shows a premium market signal (19.85% value share vs. 8.21% weight), suggesting demand for higher-grade or processed hides. The broader pattern leans toward cost-efficient bulk trade, with China and Brazil reinforcing this as secondary volume-heavy partners. Strategic takeaway: Paraguay’s export structure prioritizes scale over value-add, targeting processing hubs (Italy) and niche premium buyers (Thailand).

Table: Paraguay Leather Hides (HS Code 4104) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 4104 Breakdown & Value Logic

yTrade data reveals HS 41041114 dominates Paraguay's leather hide exports (86% frequency, 90% weight share), comprising wet-blue bovine hides—a bulk-driven, low-cost segment. The remaining sub-codes (dry-state crust, non-full grains) collectively contribute just 17% of value, confirming Paraguay’s HS Code 4104 export strategy prioritizes volume over premium pricing. This aligns with global demand for affordable, mass-processed hides, positioning Paraguay as a key supplier for cost-sensitive markets.

Table: Paraguay (HS Code 4104) Breakdown Details (Source: yTrade)

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Paraguay Leather Hides Buyers List

Table: Paraguay Leather Hides (HS Code 4104) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Leather hides Export perform in February?

Exports dipped 5.32% month-on-month to $3.18M, with volume down 7.59% to 3.32M kg. Unit prices edged up 2.46% to $0.96/kg.

What are the top Export partners for Paraguay Leather hides?

Italy ($1.60M), Thailand ($631.28K), and China Mainland ($376.25K) dominated shipments.

Who are the major Leather hides Buyers?

Key buyers included Poletto S.R.L ($613.41K) and Conceria Pasubio SPA ($531.90K), indicating concentrated demand from European tanneries.

What is the specific HS Code for this trade?

The data covers HS Code 4104, with significant activity in wet-blue bovine hides (HS 410411**, $2.65M).