Asia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Asia

In 2022, the Asian goat hides and skins market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Asia

In value terms, goat hides and skins production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The country with the largest volume of goat hides and skins production was China (X tons), comprising approx. 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 Japan (X tons), with an X% share.

In China, goat hides and skins production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (X% per year) and Japan (X% per year).

In 2022, the average goat hides and skins yield in Asia fell modestly to X kg per head, remaining constant against the previous year. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X%. The level of yield peaked at X kg per head in 2021, and then dropped modestly in the following year.

In 2022, approx. X heads of animals slaughtered for goat hides and skins production in Asia; remaining stable against the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2021, and then shrank slightly in the following year.

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Exports of Goat Or Kid Hides And Skins

Exports in Asia

In 2022, the amount of goat or kid hides and skins exported in Asia shrank to X tons, dropping by X% compared with 2021. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, goat hides and skins exports dropped significantly to $X in 2022. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Vietnam (X tons) ranks second in terms of the total exports with a X% share, followed by Cyprus (X%).

From 2012 to 2022, average annual rates of growth with regard to goat hides and skins exports from Japan stood at X%. At the same time, Vietnam (X%) and Cyprus (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Japan, Vietnam and Cyprus increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest goat hides and skins supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Cyprus (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (X%), while the other leaders experienced a decline in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in Asia

After two years of growth, supplies from abroad of goat or kid hides and skins decreased by X% to X tons in 2022. Overall, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, goat hides and skins imports declined to $X in 2022. Over the period under review, imports continue to indicate a abrupt decline. 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 maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Thailand was the largest importing country with an import of about X tons, which finished at X% of total imports. Vietnam (X tons) ranks second in terms of the total imports with an X% share, followed by Indonesia (X%), Cambodia (X%) and Taiwan (Chinese) (X%). The following importers - Turkey (X tons) and China (X tons) - each reached an X% share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%), Indonesia (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%), China (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Vietnam (X p.p.), Indonesia (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while China and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported goat or kid hides and skins in Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Thailand, goat hides and skins imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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