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 dropped to $X in 2023, reducing by X% against the previous year. Overall, consumption saw a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Australia

In value terms, goat hides and skins production totaled $X in 2023 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

The average yield of goat or kid hides and skins in Australia totaled X kg per head in 2023, leveling off at 2022. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The goat hides and skins yield peaked in 2023 and is likely to see gradual growth in the near future.

In 2023, the number of animals slaughtered for goat hides and skins production in Australia fell to X heads, with a decrease of X% on the previous year's figure. Overall, the number of producing animals saw a perceptible decrease. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, this number attained the peak level at X heads in 2016; however, from 2017 to 2023, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Australia

In 2023, overseas shipments of goat or kid hides and skins decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, goat hides and skins exports contracted slightly to $X in 2023. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for goat hides and skins exports from Australia, accounting for a X% share of total exports. Moreover, goat hides and skins exports to Italy exceeded the volume sent to the second major destination, Turkey (X tons), twofold. Indonesia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Indonesia (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for goat or kid hides and skins exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Indonesia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2023, the average goat hides and skins export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to India ($X per ton) and Indonesia ($X per ton), while the average price for exports to China ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2023, 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

In 2023, the amount of goat or kid hides and skins imported into Australia dropped rapidly to X kg, shrinking by X% on the previous year. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports dropped significantly to $X in 2023. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Finland (X kg) constituted the largest supplier of goat hides and skins to Australia, accounting for a X% share of total imports. Moreover, goat hides and skins imports from Finland exceeded the figures recorded by the second-largest supplier, South Africa (X kg), threefold. Canada (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Canada (X% per year).

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

From 2012 to 2023, the average annual rate of growth in terms of value from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Canada (X% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per ton in 2022, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform