Eastern Asia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Eastern Asia

The East Asian goat hides and skins market shrank slightly to $X in 2022, waning by X% against the previous year. Overall, consumption saw a noticeable setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Eastern Asia

In value terms, goat hides and skins production reduced modestly to $X in 2022 estimated in export price. Overall, production saw a mild descent. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The country with the largest volume of goat hides and skins production was China (X tons), accounting for X% of total volume. Moreover, goat hides and skins production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume in China stood at X%.

In 2022, the average goat hides and skins yield in Eastern Asia stood at X kg per head, stabilizing at the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the goat hides and skins yield reached the peak level in 2022 and is likely to see steady growth in the immediate term.

In 2022, the number of animals slaughtered for goat hides and skins production in Eastern Asia dropped modestly to X heads, which is down by X% compared with 2021. Over the period under review, the number of producing animals, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the number of producing animals increased by X%. Over the period under review, this number reached the maximum level at X heads in 2016; however, from 2017 to 2022, producing animals failed to regain momentum.

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Exports of Goat Or Kid Hides And Skins

Exports in Eastern Asia

In 2022, approx. X tons of goat or kid hides and skins were exported in Eastern Asia; with an increase of X% on the previous year. In general, exports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, goat hides and skins exports contracted notably to $X in 2022. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Japan (X tons), together reaching X% of total export.

Japan was also the fastest-growing in terms of the goat or kid hides and skins exports, with a CAGR of X% from 2012 to 2022. Japan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) also remains the largest goat hides and skins supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in Japan totaled X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, 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 Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to X% per year.

Imports of Goat Or Kid Hides And Skins

Imports in Eastern Asia

Goat hides and skins imports dropped significantly to X tons in 2022, reducing by X% compared with the previous year. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, goat hides and skins imports dropped to $X in 2022. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons) and China (X tons) represented the key importers of goat or kid hides and skins in 2022, reaching near X% and X% of total imports, respectively. South Korea (X tons) took the next position in the ranking, followed by Japan (X tons) and Hong Kong SAR (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Japan ($X) constitutes the largest market for imported goat or kid hides and skins in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In Japan, goat hides and skins imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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