Nigeria - Goat Hides And Skins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Goat Hides and Skins in Nigeria - 2022
Contents:
- Price for Goat Hides and Skins in Nigeria (CIF) - 2022
- Price for Goat Hides and Skins in Nigeria (FOB) - 2022
- Imports of Goat Hides and Skins in Nigeria
- Exports of Goat Hides and Skins in Nigeria
Price for Goat Hides and Skins in Nigeria (CIF) - 2022
In June 2022, the average goat hides and skins import price amounted to $3,225 per ton, which is down by -5.1% against the previous month. In general, the import price, however, recorded strong growth. The pace of growth was the most pronounced in March 2022 when the average import price increased by 30% month-to-month. Over the period under review, average import prices reached the maximum at $3,398 per ton in May 2022, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Tanzania ($3,305 per ton), while the price for Morocco totaled $883 per ton.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Goat Hides and Skins in Nigeria (FOB) - 2022
The average goat hides and skins export price stood at $470 per ton in 2022, falling by -33.4% against the previous year. Over the period under review, the export price recorded a precipitous decline. The growth pace was the most rapid in 2015 when the average export price increased by 1,290% against the previous year. As a result, the export price reached the peak level of $24,523 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,342 per ton), while the average price for exports to Italy totaled $136 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-11.7%).
Imports of Goat Hides and Skins in Nigeria
In 2022, the amount of goat or kid hides and skins imported into Nigeria skyrocketed to 10K tons, picking up by 68% on the previous year's figure. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, goat hides and skins imports soared to $25M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 243% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Goat Hides and Skins in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 3.4 | 17.0 | 7.9 | 19.8 | 79.9% |
| Sudan | 0.3 | 0.3 | 0.3 | 0.9 | 44.2% |
| Spain | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
| Canada | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Chad | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Kenya | 0.3 | 0.5 | 0.5 | 0.4 | 10.1% |
| Zambia | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Botswana | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Ethiopia | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Burundi | N/A | N/A | N/A | 0.1 | 0% |
| Mauritania | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.8 | 0.7 | 1.3 | 22.9% |
| Total | 5.7 | 19.7 | 10.3 | 24.6 | 62.8% |
Top Suppliers of Goat Hides and Skins to Nigeria in 2022:
- Tanzania (5115.5 tons)
- Zambia (1128.9 tons)
- Spain (592.2 tons)
- Canada (451.5 tons)
- Burundi (401.8 tons)
- Sudan (355.2 tons)
- Kenya (240.5 tons)
- Botswana (239.4 tons)
- Chad (208.6 tons)
- Mauritania (203.4 tons)
- Ethiopia (173.6 tons)
Exports of Goat Hides and Skins in Nigeria
For the fourth consecutive year, Nigeria recorded growth in shipments abroad of goat or kid hides and skins, which increased by 45% to 1.7K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 72%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, goat hides and skins exports reduced to $798K in 2022. Overall, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9%.
| Export of Goat Hides and Skins in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 643 | 584 | 87.7 | 547 | -5.2% |
| Italy | 223 | 182 | 137 | 212 | -1.7% |
| India | N/A | N/A | 521 | N/A | 0% |
| Others | 3.0 | 1.6 | 82.7 | 39.2 | 135.5% |
| Total | 869 | 768 | 828 | 798 | -2.8% |
Top Export Markets for Goat Hides and Skins from Nigeria in 2022:
- Italy (1556.5 tons)
- Hong Kong SAR (126.0 tons)
This report provides an in-depth analysis of the market for goat hides and skins in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1025 - Goatskins, fresh
- FCL 1026 - Skins, Wet-Salted (Goats)
- FCL 1027 - Skins, Dry-Salted (Goats)
- FCL 1028 - Skins nes, Goats
- FCL 1044 - Pigskins, fresh
- FCL 1045 - Skins, Wet-Salted (Pigs)
- FCL 1046 - Skins, Dry-Salted (Pigs)
- FCL 1047 - Skins nes, Pigs
- FCL 1133 - Camel hides, fresh
- FCL 1134 - Hides, Wet-Salted (Camels)
- FCL 1135 - Hides, Dry-Salted (Camels)
- FCL 1136 - Hides nes, Camels
- FCL 1213 - Hides and skins nes, fresh
- FCL 1214 - Hides, Wet-Salted nes
- FCL 1215 - Hides, Dry-Salted nes
- FCL 1216 - Hides nes
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for goat hides and skins in Nigeria.
928
This report provides an in-depth analysis of the market for goat hides and skins in Nigeria.
493
This report provides an in-depth analysis of the global market for goat hides and skins.
1116
This report provides an in-depth analysis of the global market for goat hides and skins.
332
This report provides an in-depth analysis of the market for goat hides and skins in Nigeria.
928
This report provides an in-depth analysis of the market for goat hides and skins in Nigeria.
493
This report provides an in-depth analysis of the global market for goat hides and skins.
1116
This report provides an in-depth analysis of the global market for goat hides and skins.
1543
Global goat hides and skins consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
822
In 2015, the country with the largest volume of the goat hides and skins output was China (X thousand tons), accounting for X% of global production.
1408
Spain dominates in the global trade of goat or kid hides and skins. In 2014, Spain exported X thousand tons of goat or kid hides and skins totaling X million USD, X% under the previous year. Its primary trading partner was China, where it supplied
1543
Global goat hides and skins consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
822
In 2015, the country with the largest volume of the goat hides and skins output was China (X thousand tons), accounting for X% of global production.
1408
Spain dominates in the global trade of goat or kid hides and skins. In 2014, Spain exported X thousand tons of goat or kid hides and skins totaling X million USD, X% under the previous year. Its primary trading partner was China, where it supplied
