Africa: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Africa

The African goat hides and skins market contracted slightly to $X in 2023, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Africa

In value terms, goat hides and skins production fell modestly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Nigeria (X tons), Ethiopia (X tons) and Chad (X tons), together accounting for X% of total production. Kenya, Sudan, Tanzania, Malawi, Uganda, Burkina Faso, Ghana, Morocco, Somalia and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Malawi (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average yield of goat or kid hides and skins in Africa was estimated at X kg per head, leveling off at the previous year's figure. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2014 to 2023, the growth of the goat hides and skins yield remained at a somewhat lower figure.

In 2023, the number of animals slaughtered for goat hides and skins production in Africa declined to X heads, remaining stable against the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by X%. Over the period under review, this number reached the maximum level at X heads in 2022, and then reduced slightly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports in Africa

In 2023, the amount of goat or kid hides and skins exported in Africa shrank slightly to X tons, dropping by X% compared with 2022 figures. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports shrank markedly to $X in 2023. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Botswana (X tons), distantly followed by Kenya (X tons), Zambia (X tons), Rwanda (X tons) and Somalia (X tons) represented the major exporters of goat or kid hides and skins, together generating X% of total exports. Tanzania (X tons), Mauritania (X tons), South Africa (X tons), Sudan (X tons), Malawi (X tons), Nigeria (X tons) and Swaziland (X tons) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Mauritania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins supplying countries in Africa were South Africa ($X), Somalia ($X) and Kenya ($X), together accounting for X% of total exports. Botswana, Rwanda, Nigeria, Malawi, Zambia, Sudan, Mauritania, Tanzania and Swaziland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports in Africa

Goat hides and skins imports declined remarkably to X tons in 2023, reducing by X% against 2022 figures. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports fell remarkably to $X in 2023. Overall, imports, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then contracted significantly in the following year.

Imports by Country

Nigeria dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2023. South Africa (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (X%).

Nigeria was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of X% from 2012 to 2023. Kenya (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Kenya (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported goat or kid hides and skins in Africa, comprising X% of total imports. The second position in the ranking was taken by Kenya ($X), with a X% share of total imports.

In Nigeria, goat hides and skins imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kenya (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform