Australia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Australia

The Australian goat hides and skins market amounted to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, saw a abrupt descent. Goat hides and skins consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Australia

In value terms, goat hides and skins production declined to $X in 2022 estimated in export price. Overall, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of goat or kid hides and skins in Australia rose sharply to X kg per head, increasing by X% compared with 2021. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the average goat hides and skins yield failed to regain momentum.

The number of animals slaughtered for goat hides and skins production in Australia totaled X heads in 2022, approximately equating the previous year. In general, the number of producing animals, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X%. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2016; however, from 2017 to 2022, producing animals failed to regain momentum.

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Exports of Goat Or Kid Hides And Skins

Exports from Australia

In 2022, overseas shipments of goat or kid hides and skins increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, goat hides and skins exports rose sharply to $X in 2022. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Italy (X tons) and Turkey (X tons) were the main destinations of goat hides and skins exports from Australia, with a combined X% share of total exports. Indonesia, Pakistan, Germany, India, Slovakia and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Italy ($X) and Turkey ($X) appeared to be the largest markets for goat hides and skins exported from Australia worldwide, together accounting for X% of total exports. Indonesia, Pakistan, Germany, India, Slovakia and China lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, faced a abrupt setback. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per ton) and Japan ($X per ton), while the average price for exports to Slovakia ($X per ton) and China ($X per ton) were amongst the lowest.

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

Imports of Goat Or Kid Hides And Skins

Imports into Australia

For the third year in a row, Australia recorded decline in overseas purchases of goat or kid hides and skins, which decreased by X% to X kg in 2022. Overall, imports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports contracted dramatically to $X in 2022. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa (X kg) and the United States (X kg) were the main suppliers of goat hides and skins imports to Australia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%).

In value terms, South Africa ($X) constituted the largest supplier of goat or kid hides and skins to Australia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Africa amounted to X%.

Import Prices by Country

In 2022, the average goat hides and skins import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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