Bangladesh: Overview of the Market for Goat Or Kid Hides And Skins 2021

Market Size for Goat Or Kid Hides And Skins in Bangladesh

For the tenth consecutive year, the Bangladeshi goat hides and skins market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. Goat hides and skins consumption peaked in 2019 and is likely to see gradual growth in the near future.

Production of Goat Or Kid Hides And Skins in Bangladesh

In value terms, goat hides and skins production amounted to $X in 2019 estimated in export prices. Overall, production showed resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2019 and is expected to retain growth in the near future.

Exports of Goat Or Kid Hides And Skins

Exports from Bangladesh

In 2019, after six years of decline, there was significant decline in shipments abroad of goat or kid hides and skins, when their volume decreased by -X% to X kg. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports remained at a lower figure.

In value terms, goat hides and skins exports declined remarkably to $X in 2019. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Thailand (X tonnes) was the main destination for goat hides and skins exports from Bangladesh, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Thailand totaled -X%.

From 2007 to 2018, the average annual rate of growth in terms of value to Thailand stood at -X%.

Export Prices by Country

In 2018, the average goat hides and skins export price amounted to $X per tonne, remaining stable against the previous year. Overall, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2018 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2007 to 2018, the rate of growth in terms of prices for Thailand amounted to +X% per year.

Imports of Goat Or Kid Hides And Skins

Imports into Bangladesh

Goat hides and skins imports into Bangladesh dropped dramatically to X tonnes in 2019, with a decrease of -X% against the year before. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, goat hides and skins imports contracted rapidly to $X in 2019. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Australia (X tonnes) constituted the largest supplier of goat hides and skins to Bangladesh, with a X% share of total imports. Moreover, goat hides and skins imports from Australia exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume from Australia stood at -X%.

In value terms, Australia ($X) constituted the largest supplier of goat hides and skins to Bangladesh, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Australia totaled -X%.

Import Prices by Country

In 2019, the average goat hides and skins import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for Italy totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat or kid hides and skins in the world?

+

China (484K tonnes) constituted the country with the largest volume of goat hides and skins consumption, accounting for 39% of total volume. Moreover, goat hides and skins consumption in China exceeded the figures recorded by the second-largest consumer, India (91K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (86K tonnes), with a 6.9% share.

What are the largest producers of goat or kid hides and skins in the world?

+

The country with the largest volume of goat hides and skins production was China (474K tonnes), accounting for 38% of total volume. Moreover, goat hides and skins production in China exceeded the figures recorded by the second-largest producer, India (91K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (85K tonnes), with a 6.8% share.

What are the leading suppliers of goat or kid hides and skins to Bangladesh?

+

In value terms, Australia ($30K) constituted the largest supplier of goat hides and skins to Bangladesh, comprising 86% of total imports. The second position in the ranking was occupied by Italy ($4.9K), with a 14% share of total imports.

What is the average export price for goat or kid hides and skins in Bangladesh?

+

In 2018, the average goat hides and skins export price amounted to $11,268 per tonne, approximately equating the previous year.

What is the average import price for goat or kid hides and skins in Bangladesh?

+

In 2019, the average goat hides and skins import price amounted to $3,325 per tonne, shrinking by -21% against the previous year.