Hungary: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Hungary

In 2022, the Hungarian goat hides and skins market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, showed a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Hungary

In value terms, goat hides and skins production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. Goat hides and skins production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average goat hides and skins yield in Hungary was estimated at X kg per head, picking up by X% against 2021 figures. Overall, the yield saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the average goat hides and skins yield failed to regain momentum.

In 2022, the number of animals slaughtered for goat hides and skins production in Hungary contracted to X heads, which is down by X% compared with the previous year's figure. Overall, the number of producing animals saw a deep slump. The growth pace was the most rapid in 2017 when the number of producing animals increased by X%. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2018; however, from 2019 to 2022, producing animals remained at a lower figure.

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Exports of Goat Or Kid Hides And Skins

Exports from Hungary

In 2022, shipments abroad of goat or kid hides and skins decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports contracted notably to $X in 2022. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Goat Or Kid Hides And Skins

Imports into Hungary

In 2022, after two years of decline, there was significant growth in overseas purchases of goat or kid hides and skins, when their volume increased by X% to X tons. In general, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 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 skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of goat hides and skins to Hungary, accounting for a X% share of total imports. Moreover, goat hides and skins imports from South Africa exceeded the figures recorded by the second-largest supplier, Zimbabwe (X kg), eightfold. The third position in this ranking was taken by Tanzania (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Tanzania (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of goat or kid hides and skins to Hungary, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the average goat hides and skins import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price enjoyed prominent growth. The growth pace was the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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