Indonesia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Indonesia

In 2022, the Indonesian goat hides and skins market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption showed a modest increase. Goat hides and skins consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Indonesia

In value terms, goat hides and skins production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Goat hides and skins production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of goat or kid hides and skins in Indonesia totaled X kg per head in 2022, remaining relatively unchanged against 2021 figures. In general, the yield recorded a slight decline. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. Over the period under review, the average goat hides and skins yield attained the peak level at X kg per head in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for goat hides and skins production in Indonesia dropped to X heads, leveling off at 2021 figures. Over the period under review, the number of producing animals, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2017; however, from 2018 to 2022, producing animals remained at a lower figure.

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Exports of Goat Or Kid Hides And Skins

Exports from Indonesia

For the third year in a row, Indonesia recorded decline in overseas shipments of goat or kid hides and skins, which decreased by X% to X kg in 2022. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports fell notably to $X in 2022. In general, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X kg), Thailand (X kg) and Vietnam (X kg) were the main destinations of goat hides and skins exports from Indonesia, together accounting for X% of total exports. These countries were followed by the United States, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for goat hides and skins exported from Indonesia were Singapore ($X), Vietnam ($X) and Thailand ($X), together comprising X% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price continues to indicate a notable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Thailand ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Indonesia

In 2022, purchases abroad of goat or kid hides and skins increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, goat hides and skins imports soared to $X in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Italy (X tons), Turkey (X tons) and Australia (X tons) were the main suppliers of goat hides and skins imports to Indonesia, together comprising X% of total imports. India, Poland, Vietnam, Venezuela, the Dominican Republic and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins suppliers to Indonesia were Italy ($X), Turkey ($X) and Australia ($X), together accounting for X% of total imports. India, Poland, Vietnam, Venezuela, the Dominican Republic and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Dominican Republic ($X per ton) and Italy ($X per ton), while the price for Australia ($X per ton) and Venezuela ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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