Butt Branded Steers Analysis: Leather Market Trends, Prices & Forecast

TexPro provides pricing information for Butt Branded Steers, covering subproducts such as 62-68 Kg, 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.

Butt Branded Steers, 62-68 Kg, FOB - USA (03 May 2024 - 25 Apr 2025)

Overall Trend

• The prices of Butt Branded Steers (62-68 Kg) have been in a decreasing trend from May 2024 to April 2025 in USA (FOB USA).

Price Trend

• The prices of Butt Branded Steers (62-68 Kg) have decreased by -17.85% from May 2024 to April 2025 in USA (FOB USA).
• The average month-on-month percentage change has been -1.64% during the same period.
• The highest percentage increase of 1.18% was reported in September 2024, and the highest percentage decrease of -16.54% was reported in April 2025 for USA (FOB USA).
• The average price for USA (FOB USA) in 2024 was 25.91 USD/pcs, which has decreased by -3.39% to 25.03 USD/pcs in 2025, declining at a CAGR of -3.39% from 2024 to 2025.

Price Range

• The average price from May 2024 to April 2025 for USA (FOB USA) was 25.62 USD/pcs, indicating that the prices have fluctuated around this average. The range between average and minimum price is 4.18 USD/pcs and that of between maximum and average price is 0.88 USD/pcs, indicating a higher range above average price.
• The maximum and minimum prices reported for USA (FOB USA) were 26.50 USD/pcs and 21.44 USD/pcs, respectively, showing a price range of 5.06 USD/pcs.

Volatility

• The standard deviation in USA (FOB USA) prices was 1.31 USD/pcs, indicating Low Volatility in prices.
• The prices for USA (FOB USA) traded at a moving average premium of 1.74% and at a moving average discount of -4.58% from the moving average price during the same period.

This analysis highlights the declining trend in prices for Butt Branded Steers, which could be attributed to various market factors such as supply chain adjustments, demand fluctuations, and broader economic conditions affecting the textile and apparel industry. The low volatility indicates a stable market environment, although the negative price trend suggests potential challenges for producers and suppliers in maintaining profitability.