Panama - Goat Hides And Skins - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Panama - Goat Hides And Skins - Market Analysis, Forecast, Size, Trends and Insights

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Price for Goat Hides and Skins in Panama - 2022

Contents:

  1. Price for Goat Hides and Skins in Panama (FOB) - 2022
  2. Price for Goat Hides and Skins in Panama (CIF) - 2022
  3. Exports of Goat Hides and Skins in Panama
  4. Imports of Goat Hides and Skins in Panama

Price for Goat Hides and Skins in Panama (FOB) - 2022

In 2022, the average goat hides and skins export price amounted to $1,899 per ton, rising by 258% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. Over the period under review, the average export prices attained the peak figure at $15,360 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($4,006 per ton), while the average price for exports to Colombia ($1,046 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.1%), while the prices for the other major destinations experienced a decline.

Price for Goat Hides and Skins in Panama (CIF) - 2022

The average goat hides and skins import price stood at $13,799 per ton in 2022, declining by -4.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $16,184 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,041 per ton), while the price for China ($1,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+3.3%), while the prices for the other major suppliers experienced a decline.

Exports of Goat Hides and Skins in Panama

Goat hides and skins exports from Panama dropped notably to 54 tons in 2022, falling by -72.3% compared with the previous year's figure. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,901% against the previous year. As a result, the exports attained the peak of 195 tons, and then shrank notably in the following year.

In value terms, goat hides and skins exports declined to $103K in 2022. In general, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports reached the peak of $103K, leveling off in the following year.

Export of Goat Hides and Skins in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico37.29.63.245.46.9%
GermanyN/AN/A22.324.911.7%
Colombia10.18.60.80.8-57.1%
Thailand7.66.44.8N/A-20.5%
CambodiaN/AN/A22.4N/A0%
Others39.641.449.831.6-7.2%
Total94.566.01031032.9%

Top Export Markets for Goat Hides and Skins from Panama in 2022:

  1. Germany (20.9 tons)
  2. Mexico (11.3 tons)
  3. Colombia (0.8 tons)

Imports of Goat Hides and Skins in Panama

Goat hides and skins imports into Panama skyrocketed to 3.2 tons in 2022, picking up by 20% against the previous year. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 431% against the previous year.

In value terms, goat hides and skins imports expanded remarkably to $44K in 2022. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 467% against the previous year.

Import of Goat Hides and Skins in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic68.24.235.635.8-19.3%
United States13.82.12.27.6-18.0%
China0.50.40.30.3-15.7%
OthersN/AN/AN/AN/A0%
Total82.56.738.143.6-19.2%

Top Suppliers of Goat Hides and Skins to Panama in 2022:

  1. Dominican Republic (2.4 tons)
  2. United States (0.4 tons)
  3. China (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for goat hides and skins in Panama. 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:

  • Panama

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Panama
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Which Country Consumes the Most Goat Hides and Skins in the World?
Feb 9, 2018
Eye 1557

Global goat hides and skins consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Produces the Most Goat Hides and Skins in the World?
Oct 26, 2017
Eye 842

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.

Spain’s Exports of Goat Hides and Skins Plunged 40% in 2014
Oct 20, 2015
Eye 1425

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

Which Country Consumes the Most Goat Hides and Skins in the World?
Feb 9, 2018
Eye 1557

Global goat hides and skins consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Produces the Most Goat Hides and Skins in the World?
Oct 26, 2017
Eye 842

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.

Spain’s Exports of Goat Hides and Skins Plunged 40% in 2014
Oct 20, 2015
Eye 1425

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

Free Data: Goat Hides And Skins - Panama