China: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in China

The Chinese goat hides and skins market stood at $X in 2023, remaining relatively unchanged against the previous year. Overall, consumption, however, showed a slight shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in China

In value terms, goat hides and skins production reached $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable curtailment. The growth pace was the most rapid 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 remained at a lower figure.

In 2023, the average goat hides and skins yield in China totaled X kg per head, stabilizing at the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the average goat hides and skins yield hit record highs in 2023 and is likely to see steady growth in the near future.

In 2023, approx. X heads of animals slaughtered for goat hides and skins production in China; approximately equating 2022. In general, the number of producing animals recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2016; however, from 2017 to 2023, producing animals failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from China

In 2023, shipments abroad of goat or kid hides and skins increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded temperate growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports skyrocketed to $X in 2023. In general, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for goat hides and skins exports from China, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Italy amounted to X%.

In value terms, Italy ($X) also remains the key foreign market for goat or kid hides and skins exports from China.

From 2012 to 2023, the average annual rate of growth in terms of value to Italy stood at X%.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Imports of Goat Or Kid Hides And Skins

Imports into China

Goat hides and skins imports into China surged to X tons in 2023, jumping by X% compared with the previous year. Over the period under review, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports surged to $X in 2023. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, the United States (X tons) constituted the largest goat hides and skins supplier to China, accounting for a X% share of total imports. Moreover, goat hides and skins imports from the United States exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Spain (X% per year).

In value terms, the largest goat hides and skins suppliers to China were the United States ($X), New Zealand ($X) and Spain ($X), with a combined X% share of total imports.

New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price continues to indicate mild growth. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform