Japan: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Japan

For the fifth consecutive year, the Japanese goat hides and skins market recorded growth in sales value, which increased by X% to $X in 2023. Over the period under review, consumption saw a relatively flat trend pattern. Goat hides and skins consumption peaked in 2023 and is likely to see gradual growth in the near future.

Production of Goat Or Kid Hides And Skins in Japan

In value terms, goat hides and skins production expanded significantly to $X in 2023 estimated in export price. Overall, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

In 2023, the average yield of goat or kid hides and skins in Japan shrank modestly to X tons per head, approximately mirroring 2022 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the yield reached the peak level of X tons per head, leveling off in the following year.

In 2023, the number of animals slaughtered for goat hides and skins production in Japan was estimated at X heads, growing by X% against the year before. Over the period under review, the number of producing animals, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2014 when the number of producing animals increased by X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2015 to 2023, the growth of this number remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Japan

In 2023, shipments abroad of goat or kid hides and skins decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, goat hides and skins exports declined rapidly to $X in 2023. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for goat hides and skins exports from Japan, accounting for a X% share of total exports. Moreover, goat hides and skins exports to Thailand exceeded the volume sent to the second major destination, Cambodia (X tons), sixfold. Vietnam (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (X% per year) and Vietnam (X% per year).

In value terms, Thailand ($X) remains the key foreign market for goat or kid hides and skins exports from Japan, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Cambodia (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were Vietnam ($X per ton) and Thailand ($X per ton), while the average price for exports to Cambodia ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Japan

In 2023, after two years of growth, there was significant decline in purchases abroad of goat or kid hides and skins, when their volume decreased by X% to X tons. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports dropped to $X in 2023. Overall, imports showed a noticeable curtailment. The growth pace was 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 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), New Zealand (X tons) and China (X tons) were the main suppliers of goat hides and skins imports to Japan, together accounting for X% of total imports. Poland, Papua New Guinea, South Africa, Thailand, the United States and Australia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Vietnam ($X), China ($X) and Papua New Guinea ($X) were the largest goat hides and skins suppliers to Japan, with a combined X% share of total imports. Thailand, New Zealand, the United States, South Africa, Australia and Poland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform