Asia-Pacific: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Asia-Pacific

In 2023, the Asia-Pacific goat hides and skins market increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Asia-Pacific

In value terms, goat hides and skins production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth remained at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of goat hides and skins production, 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 held by Japan (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in China amounted to X%. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Japan (X% per year).

The average goat hides and skins yield fell to X kg per head in 2023, approximately equating 2022 figures. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. Over the period under review, the goat hides and skins yield reached the peak level at X kg per head in 2012; however, from 2013 to 2023, the yield stood at a somewhat lower figure.

The global number of animals slaughtered for goat hides and skins production stood at X heads in 2023, standing approx. at 2022. This number increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of producing animals peaked at X heads in 2021; however, from 2022 to 2023, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports in Asia-Pacific

In 2023, the amount of goat or kid hides and skins exported in Asia-Pacific reduced slightly to X tons, waning by X% on the previous year's figure. In general, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, goat hides and skins exports declined to $X in 2023. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Japan dominates exports structure, recording X tons, which was approx. X% of total exports in 2023. It was distantly followed by Vietnam (X tons), achieving a X% share of total exports. The following exporters - New Zealand (X tons) and Australia (X tons) - together made up X% of total exports.

From 2012 to 2023, 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 New Zealand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), Vietnam (X p.p.) and New Zealand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Japan ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in Asia-Pacific

In 2023, the amount of goat or kid hides and skins imported in Asia-Pacific rose remarkably to X tons, growing by X% against the previous year's figure. Overall, imports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports totaled $X in 2023. In general, imports, however, continue to indicate a deep reduction. 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 maximum at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Thailand was the major importing country with an import of about X tons, which resulted at X% of total imports. Vietnam (X tons) ranks second in terms of the total imports with a X% share, followed by China (X%), Indonesia (X%) and Taiwan (Chinese) (X%). The following importers - Pakistan (X tons) and Hong Kong SAR (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins imports into Thailand stood at X%. At the same time, Indonesia (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. Vietnam experienced a relatively flat trend pattern. By contrast, China (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Thailand, Indonesia, Vietnam and Pakistan increased by X, X, X and X percentage points, respectively.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Thailand totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and China (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform