Cow, bull hides lead Eidul Azha collections with 2.75 million hides valued at Rs6.05 billion, nearly 70% share.
Around 7.47 million animals were sacrificed across Pakistan on Eid al-Adha, generating hides and skins worth Rs8.67 billion, according to the latest statistics from the Pakistan Tanners Association.
Cow and bull hides accounted for the largest share of the market by value. An estimated 2.75 million hides were collected from cows and bulls, generating Rs6.05 billion, or nearly 70% of the total Rs8.67 billion market.
Goat skins formed the second-largest segment, with 4.20 million skins valued at Rs2.52 billion. This segment accounted for about 29% of the total market.
Together, cow hides and goat skins made up 99% of the total value of hides and skins collected during Eid al-Adha.
Sheep skins contributed a smaller share to the market. Around 500,000 sheep skins were collected at Rs100 per skin, giving the segment a total value of Rs50 million, or less than 1% of the overall market.
Camel hides were the smallest segment by quantity, with 25,000 hides collected. At Rs2,000 per hide, the segment was also valued at Rs50 million.
The number of sacrificial animals increased by 0.492 million, or 7.06%, compared with 6.977 million animals sacrificed on Eid al-Adha last year.
The animals sacrificed this year included 2.75 million cows and bulls, 4.20 million goats, 500,000 sheep and 25,000 camels.
According to the association’s figures, market prices during Eid al-Adha stood at Rs2,200 for a cow or bull hide, Rs600 for a goat skin, Rs100 for a sheep skin and Rs2,000 for a camel hide.
The Rs8.67 billion hides and skins market supports workers involved in flaying, curing and trading, and also feeds into Pakistan’s leather export industry.
