Jamaica: Market for Goat Or Kid Hides And Skins 2019

Market Size for Goat Or Kid Hides And Skins in Jamaica

The revenue of the goat hides and skins market in Jamaica amounted to $X in 2018, going up by X% against the previous year. Overall, goat hides and skins consumption, however, continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the goat hides and skins market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Jamaica

In value terms, goat hides and skins production amounted to $X in 2018 estimated in export prices. Overall, goat hides and skins production continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2009 when production volume increased by X% y-o-y. Over the period under review, goat hides and skins production reached its maximum level at $X in 2017, and then declined slightly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports by Country

In 2018, Japan (X tons), distantly followed by Australia (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Rwanda (X tons) and Sudan (X tons) were the major exporters of goat or kid hides and skins, together committing X% of total exports. Poland (X tons), the U.S. (X tons), Senegal (X tons), Greece (X tons), Spain (X tons) and Italy (X tons) held a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to goat hides and skins exports from Japan stood at -X%. At the same time, Rwanda (+X%), Sudan (+X%), Senegal (+X%), Vietnam (+X%), Poland (+X%), the U.S. (+X%) and Greece (+X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Spain and Australia experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.), Rwanda (+X p.p.), Sudan (+X p.p.), Poland (+X p.p.), Senegal (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.), Italy (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest goat hides and skins markets from Jamaica were Vietnam ($X), Japan ($X) and the U.S. ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Vietnam experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The goat hides and skins export price in Jamaica stood at $X per ton in 2018, standing approx. at the previous year. Over the period under review, the goat hides and skins export price continues to indicate a relatively flat trend pattern. In that year, the export prices for goat or kid hides and skins attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for goat or kid hides and skins remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Jamaica

In 2018, the imports of goat or kid hides and skins into Jamaica amounted to X kg, declining by -X% against the previous year. Over the period under review, goat hides and skins imports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when imports decreased by -X% y-o-y. Over the period under review, goat hides and skins imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports totaled $X in 2018. Over the period under review, goat hides and skins imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2014 with a decrease of -X% year-to-year. Jamaica imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Taiwan, Chinese (X tons) and China (X tons) were the main importers of goat or kid hides and skinsaround the world, together reaching near X% of total imports. It was distantly followed by Turkey (X tons) and Italy (X tons), together constituting a X% share of total imports. Nigeria (X tons), Pakistan (X tons), India (X tons), Japan (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Spain (X tons) and Namibia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins importing markets into Jamaica were Japan ($X), Taiwan, Chinese ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Vietnam, Italy, Pakistan, Nigeria, Spain, Turkey, India, China, Hong Kong SAR, Namibia and Jamaica, which together accounted for a further X the main importing countries, Nigeria (+X% per year) experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The goat hides and skins import price in Jamaica stood at $X per ton in 2018, rising by X% against the previous year. In general, the goat hides and skins import price continues to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for goat or kid hides and skins reached their peak figure in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform