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

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

The Asia-Pacific goat hides and skins market was estimated at $X in 2023, flattening at the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

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

In value terms, goat hides and skins production declined slightly to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a somewhat lower figure.

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 held by India (X tons), with a X% share.

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

In 2023, the average goat hides and skins yield in Asia-Pacific totaled X kg per head, remaining constant against 2022. Overall, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. Over the period under review, the goat hides and skins yield hit record highs at X kg per head in 2012; however, from 2013 to 2023, the yield failed to regain momentum.

The global number of animals slaughtered for goat hides and skins production was estimated at X heads in 2023, remaining stable against 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 observed throughout the analyzed period. 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 failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports in Asia-Pacific

In 2023, after two years of growth, there was significant decline in overseas shipments of goat or kid hides and skins, when their volume decreased by X% to X tons. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, goat hides and skins exports expanded slightly to $X in 2023. Over the period under review, exports continue to indicate a mild setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from New Zealand (X tons), Vietnam (X tons) and Australia (X tons), together amounting to X% of total export. Hong Kong SAR (X tons) ranks next in terms of the total exports with an X% share, followed by Indonesia (X%).

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest goat hides and skins supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

In Vietnam, goat hides and skins exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price posted a strong increase. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Australia ($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 mixed trends 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 expanded sharply to X tons, increasing by X% on the previous year. Overall, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports surged to $X in 2023. In general, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Indonesia (X tons), distantly followed by China (X tons), Hong Kong SAR (X tons), Taiwan (Chinese) (X tons), Pakistan (X tons) and Thailand (X tons) represented the main importers of goat or kid hides and skins, together creating X% of total imports. India (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest goat hides and skins importing markets in Asia-Pacific were Hong Kong SAR ($X), China ($X) and Indonesia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, goat hides and skins import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

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 ($X per ton), while Indonesia ($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 more modest paces of growth.

Source: IndexBox Platform