Asia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Asia

The Asian goat hides and skins market dropped slightly to $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Asia

In value terms, goat hides and skins production shrank to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

China (X tons) remains the largest goat hides and skins producing country in Asia, accounting for X% of total volume. Moreover, goat hides and skins production in China exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in China amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (X% per year) and India (X% per year).

The average goat hides and skins yield was estimated at X kg per head in 2023, remaining constant against 2022. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the goat hides and skins yield reached the peak level at X kg per head in 2012; however, from 2013 to 2023, the yield stood at a somewhat lower figure.

The global number of animals slaughtered for goat hides and skins production was estimated at X heads in 2023, remaining stable against 2022. This number increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021; however, from 2022 to 2023, producing animals failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports in Asia

Goat hides and skins exports dropped remarkably to X tons in 2023, which is down by X% on 2022. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports dropped slightly to $X in 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Vietnam was the largest exporter of goat or kid hides and skins in Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. Hong Kong SAR (X tons) took the second position in the ranking, followed by Turkmenistan (X tons), Indonesia (X tons), Iraq (X tons) and Iran (X tons). All these countries together held near X% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins exports from Vietnam stood at X%. At the same time, Iraq (X%), Saudi Arabia (X%), Indonesia (X%) and Iran (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, Turkmenistan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam, Iraq, Indonesia, Turkmenistan, Saudi Arabia and Iran increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest goat hides and skins supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

In Vietnam, goat hides and skins exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a 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 Vietnam ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

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

Imports of Goat Or Kid Hides And Skins

Imports in Asia

In 2023, approx. X tons of goat or kid hides and skins were imported in Asia; increasing by X% against 2022. Over the period under review, imports, however, saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports expanded sharply to $X in 2023. In general, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Indonesia (X tons), distantly followed by China (X tons), Turkey (X tons), Hong Kong SAR (X tons), Taiwan (Chinese) (X tons), Pakistan (X tons) and Thailand (X tons) represented the main importers of goat or kid hides and skins, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest goat hides and skins importing markets in Asia were Hong Kong SAR ($X), China ($X) and Indonesia ($X), with a combined X% share of total imports.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price saw a modest expansion. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2023, 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 Hong Kong SAR ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform