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

Market Size for Goat Or Kid Hides And Skins in Canada

After seven years of growth, the Canadian goat hides and skins market decreased by -X% to $X in 2019. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2018, and then declined in the following year.

Production of Goat Or Kid Hides And Skins in Canada

In value terms, goat hides and skins production dropped sharply to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2019, production failed to regain the momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Canada

In 2019, shipments abroad of goat or kid hides and skins decreased by -X% to X tonnes, falling for the eighth year in a row after two years of growth. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, goat hides and skins exports reduced slightly to $X in 2019. In general, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

Nigeria (X tonnes), Viet Nam (X tonnes) and Taiwan (Chinese) (X tonnes) were the main destinations of goat hides and skins exports from Canada, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Nigeria (+X% per year), while shipments for the other leaders experienced a decline.

In value terms, Viet Nam ($X) emerged as the key foreign market for goat hides and skins exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Viet Nam amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2019, the average goat hides and skins export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Nigeria ($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 Viet Nam, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Goat Or Kid Hides And Skins

Imports into Canada

In 2019, imports of goat or kid hides and skins into Canada reduced notably to X tonnes, waning by -X% on 2018 figures. Over the period under review, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, goat hides and skins imports fell rapidly to $X in 2019. Overall, imports recorded a perceptible setback. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of goat hides and skins to Canada, accounting for a approx. X% share of total imports.

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

In value terms, the U.S. ($X) constituted the largest supplier of goat hides and skins to Canada.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled -X%.

Import Prices by Country

In 2019, the average goat hides and skins import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

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, accounting for 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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The country with the largest volume of goat hides and skins production was China (471K tonnes), comprising approx. 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. The third position in this ranking was occupied by India (101K tonnes), with a 7.9% share.

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

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In value terms, the U.S. ($331K) constituted the largest supplier of goat hides and skins to Canada.

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

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In value terms, Viet Nam ($1.2M) emerged as the key foreign market for goat hides and skins exports from Canada, comprising 80% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($123K), with a 8.1% share of total exports. It was followed by the U.S., with a 7.6% share.

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

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The average goat hides and skins export price stood at $1,985 per tonne in 2019, growing by 22% against the previous year.

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

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In 2019, the average goat hides and skins import price amounted to $11,786 per tonne, shrinking by -9.6% against the previous year.