Australia and Oceania: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Australia and Oceania

The goat hides and skins market in Australia and Oceania contracted to $X in 2023, which is down by X% against the previous year. Overall, consumption saw a abrupt slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Australia and Oceania

In value terms, goat hides and skins production contracted modestly to $X in 2023 estimated in export price. Over the period under review, production showed a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Australia (X tons) and New Zealand (X tons).

From 2012 to 2023, the biggest increases were recorded for New Zealand (with a CAGR of X%).

The average goat hides and skins yield rose to X kg per head in 2023, with an increase of X% on the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the goat hides and skins yield reached the maximum level at X kg per head in 2021; however, from 2022 to 2023, the yield failed to regain momentum.

In 2023, the number of animals slaughtered for goat hides and skins production in Australia and Oceania reduced to X heads, falling by X% on the previous year. Over the period under review, the number of producing animals recorded a mild decline. The growth pace was the most rapid in 2022 when the number of producing animals increased by X%. Over the period under review, this number reached the peak level at X heads in 2016; however, from 2017 to 2023, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports in Australia and Oceania

In 2023, approx. X tons of goat or kid hides and skins were exported in Australia and Oceania; increasing by X% against the previous year. Total exports indicated moderate growth from 2012 to 2023: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.

In value terms, goat hides and skins exports soared to $X in 2023. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, New Zealand (X tons) was the key exporter of goat or kid hides and skins, comprising X% of total exports. It was distantly followed by Australia (X tons), committing a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, the largest goat hides and skins supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

In terms of the main exporting countries, New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a abrupt slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Goat Or Kid Hides And Skins

Imports in Australia and Oceania

Goat hides and skins imports shrank remarkably to X kg in 2023, which is down by X% compared with the previous year. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports fell markedly to $X in 2023. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Australia prevails in imports structure, resulting at X kg, which was near X% of total imports in 2023. It was distantly followed by Palau (X kg), creating a X% share of total imports. Fiji (X kg) took a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Palau (X%) displayed positive paces of growth. Moreover, Palau emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, Fiji (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Palau increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform