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

Market Size for Goat Or Kid Hides And Skins in Belgium

In 2019, the Belgian goat hides and skins market decreased by -X% to $X for the first time since 2015, thus ending a three-year rising trend. Over the period under review, consumption enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Goat hides and skins consumption peaked at $X in 2018, and then declined slightly in the following year.

Production of Goat Or Kid Hides And Skins in Belgium

In value terms, goat hides and skins production totaled $X in 2019 estimated in export prices. In general, production posted a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Belgium

In 2019, overseas shipments of goat or kid hides and skins decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, goat hides and skins exports contracted dramatically to $X in 2019. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for goat hides and skins exports from Belgium, accounting for a X% share of total exports. Moreover, goat hides and skins exports to China exceeded the volume sent to the second major destination, Portugal (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume to China amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+X% per year) and France (-X% per year).

In value terms, China ($X) remains the key foreign market for goat hides and skins exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+X% per year) and France (-X% per year).

Export Prices by Country

In 2019, the average goat hides and skins export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Portugal ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Belgium

In 2019, after four years of growth, there was significant decline in supplies from abroad of goat or kid hides and skins, when their volume decreased by -X% to X tonnes. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes, and then reduced in the following year.

In value terms, goat hides and skins imports declined markedly to $X in 2019. Over the period under review, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2019, the Czech Republic (X tonnes) constituted the largest goat hides and skins supplier to Belgium, accounting for a X% share of total imports. Moreover, goat hides and skins imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, France (X tonnes), fourfold. Hungary (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Czech Republic amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Hungary (-X% per year).

In value terms, the largest goat hides and skins suppliers to Belgium were France ($X), the Czech Republic ($X) and Italy ($X), together accounting for X% of total imports.

France (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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China (481K tonnes) remains the largest goat hides and skins consuming country worldwide, comprising approx. 38% of total volume. Moreover, goat hides and skins consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan (119K tonnes), fourfold. The third position in this ranking was occupied by India (101K tonnes), with a 8% share.

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

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China (471K tonnes) constituted the country with the largest volume of goat hides and skins production, accounting for 37% of total volume. Moreover, goat hides and skins production in China exceeded the figures recorded by the second-largest producer, Pakistan (117K tonnes), fourfold. India (101K tonnes) ranked third in terms of total production with a 7.9% share.

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

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In value terms, the largest goat hides and skins suppliers to Belgium were France ($486K), the Czech Republic ($334K) and Italy ($30K), together comprising 91% of total imports.

What are the leading importers of goat or kid hides and skins from Belgium?

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In value terms, China ($140K) remains the key foreign market for goat hides and skins exports from Belgium, comprising 62% of total exports. The second position in the ranking was occupied by Portugal ($59K), with a 26% share of total exports.

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

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The average goat hides and skins export price stood at $2,318 per tonne in 2019, declining by -7.2% against the previous year.

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

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The average goat hides and skins import price stood at $2,454 per tonne in 2019, with a decrease of -21.7% against the previous year.