India: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in India

The Indian goat hides and skins market declined slightly to $X in 2023, approximately equating the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Goat hides and skins consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in India

In value terms, goat hides and skins production declined modestly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

The average yield of goat or kid hides and skins in India stood at X kg per head in 2023, almost unchanged from the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Over the period under review, the average goat hides and skins yield reached the peak level in 2023 and is likely to see gradual growth in years to come.

In 2023, the number of animals slaughtered for goat hides and skins production in India declined to X heads, standing approx. at the year before. Overall, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 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 2020; however, from 2021 to 2023, producing animals remained at a lower figure.

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Exports of Goat Or Kid Hides And Skins

Exports from India

In 2023, overseas shipments of goat or kid hides and skins increased by X% to X kg, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, goat hides and skins exports totaled $X in 2023. Overall, exports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X kg) was the main destination for goat hides and skins exports from India, with a X% share of total exports. It was followed by Bangladesh (X kg), with a X% share of total exports. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and the UK (X% per year).

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

From 2012 to 2023, the average annual rate of growth in terms of value to Indonesia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2023, the average goat hides and skins export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into India

Goat hides and skins imports into India surged to X tons in 2023, with an increase of X% against 2022 figures. In general, imports, however, showed a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, goat hides and skins imports skyrocketed to $X in 2023. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Bangladesh (X tons), Kenya (X tons) and New Zealand (X tons) were the main suppliers of goat hides and skins imports to India, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for New Zealand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) constituted the largest supplier of goat or kid hides and skins to India, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Bangladesh amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Australia (X% per year).

Import Prices by Country

In 2023, the average goat hides and skins import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform