Ecuador: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Ecuador

The Ecuadorian goat hides and skins market shrank markedly to $X in 2023, declining by X% against the previous year. In general, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Ecuador

In value terms, goat hides and skins production skyrocketed to $X in 2023 estimated in export price. Overall, production showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

The average yield of goat or kid hides and skins in Ecuador amounted to X kg per head in 2023, growing by X% compared with the year before. Over the period under review, the yield posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield attained the peak level of X kg per head. From 2021 to 2023, the growth of the average goat hides and skins yield remained at a somewhat lower figure.

In 2023, approx. X heads of animals slaughtered for goat hides and skins production in Ecuador; which is down by X% compared with the previous year's figure. Overall, the number of producing animals faced a deep setback. The pace of growth appeared the most rapid 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 2013; however, from 2014 to 2023, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Ecuador

In 2023, goat hides and skins exports from Ecuador skyrocketed to X tons, with an increase of X% compared with 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, goat hides and skins exports surged to $X in 2023. Overall, exports posted a measured expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for goat hides and skins exports from Ecuador, with a X% share of total exports. Moreover, goat hides and skins exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), twofold.

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

In value terms, Germany ($X) and Slovakia ($X) constituted the largest markets for goat hides and skins exported from Ecuador worldwide.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2023, the average goat hides and skins export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped sharply in the following year.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%).

Imports of Goat Or Kid Hides And Skins

Imports into Ecuador

In 2023, after nine years of decline, there was growth in purchases abroad of goat or kid hides and skins, when their volume increased by X% to X kg. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports reached $X in 2023. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, the United States (X kg) was the main goat hides and skins supplier to Ecuador, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of goat or kid hides and skins to Ecuador.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%.

Import Prices by Country

In 2023, the average goat hides and skins import price amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, 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 United States.

From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform