Analysis: Market Trends, Prices & Forecast

TexPro provides pricing information for Argentine Steer Raw Hides, It offers historical pricing data for up to the last five years. It also provides an accurate price forecast for the next “9/12” months, updated twice a month. The data is collected from our verified primary and secondary data sources.

Argentine Steer Raw Hides, FOB - Argentina (01 Mar 2024 - 28 Feb 2025)

Overall Trend

• The prices of Argentine Steer Raw Hides have exhibited a significant decreasing trend from March 2024 to February 2025 in Latin America (FOB Argentina), with a percentage change observed of -38.89%.

Price Trend

• The prices of Argentine Steer Raw Hides have decreased by -38.89% from March 2024 to February 2025 in Latin America (FOB Argentina).
• The average month-on-month percentage change has been -4.28% during the same period, indicating a consistent decline in prices.
• The highest percentage increase of 0.00% was reported in April 2024, while the highest percentage decrease of -12.50% was reported in August 2024.
• The average price for Latin America (FOB Argentina) in 2024 was 0.437 USD/pcs, which has decreased by -24.49% to 0.33 USD/pcs in 2025, reflecting a CAGR of -24.49% from 2024 to 2025.

Price Range

• The average price from March 2024 to February 2025 for Latin America (FOB Argentina) was 0.419 USD/pcs, indicating that the prices have fluctuated around this average. The range between average and minimum price is 0.089 USD/pcs and that of between maximum and average price is 0.121 USD/pcs, indicating a higher range above average price. The average price from March 2024 to February 2025 for Latin America (FOB Argentina) was 0.419 USD/pcs, indicating that the prices have fluctuated around this average. The range between average and minimum price is 0.089 USD/pcs and that of between maximum and average price is 0.121 USD/pcs, indicating a higher range above average price.
• The maximum and minimum prices reported for Latin America (FOB Argentina) were 0.54 USD/pcs and 0.33 USD/pcs, respectively, showing a price range of 0.21 USD/pcs.

Volatility

• The standard deviation in Latin America (FOB Argentina) prices was 0.080 USD/pcs, indicating low volatility in prices.
• The prices for Latin America (FOB Argentina) traded at a moving average discount of -18.75% from the moving average price during the same period, with no recorded premium, indicating a consistent downward pressure on prices.

This analysis highlights the ongoing challenges in the textile market, particularly in the raw hides segment, emphasizing the need for strategic sourcing and procurement practices to navigate the declining price trends effectively.