Report Update: May 1, 2024

Thailand - Goat Or Kid Hides And Skins - Market Analysis, Forecast, Size, Trends and Insights

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Price for Goat Hides and Skins in Thailand - 2023

Price for Goat Hides and Skins in Thailand (CIF) - 2023

The average goat hides and skins import price stood at $4,394 per ton in September 2023, with an increase of 12% against the previous month. Overall, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 176% month-to-month. Over the period under review, average import prices reached the peak figure at $7,090 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -1.2% per month.

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

The average goat hides and skins export price stood at $5,896 per ton in 2022, reducing by -23% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The growth pace was the most rapid in 2013 when the average export price increased by 200%. Over the period under review, the average export prices reached the maximum at $8,055 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,219 per ton), while the average price for exports to Hong Kong SAR totaled $5,493 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Hides and Skins in Thailand

In 2022, the amount of goat or kid hides and skins imported into Thailand surged to 1.2K tons, with an increase of 123% on the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, goat hides and skins imports skyrocketed to $3.9M in 2022. The total import value increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Goat Hides and Skins in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,607	2,786	2,626	2,560	16.8%
Malaysia	614	198	126	617	0.2%
Indonesia	191	253	339	369	24.5%
Australia	117	55.0	108	221	23.6%
Others	50.1	31.9	N/A	85.4	19.5%
Total	2,578	3,323	3,199	3,853	14.3%

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

Malaysia (699.8 tons)
United States (398.4 tons)
Indonesia (49.6 tons)
Australia (34.1 tons)

Exports of Goat Hides and Skins in Thailand

In 2022, the amount of goat or kid hides and skins exported from Thailand soared to 4.1 tons, increasing by 465% on 2021. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, goat hides and skins exports soared to $24K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Goat Hides and Skins in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	5.2	N/A	N/A	19.5	55.4%
China	1.1	2.5	5.2	4.3	57.5%
Lao People's Democratic Republic	N/A	18.7	N/A	N/A	0%
Others	3.6	0.1	0.4	0.2	-61.8%
Total	9.8	21.3	5.5	24.1	35.0%

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

Hong Kong SAR (3.6 tons)
China (0.5 tons)

Source: IndexBox Market Intelligence Platform

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

Country coverage:

Thailand

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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