Latin America and the Caribbean: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Latin America and the Caribbean

The Latin American goat hides and skins market was finally on the rise to reach $X in 2023, after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Latin America and the Caribbean

In value terms, goat hides and skins production dropped to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

The countries with the highest volumes of production in 2023 were Mexico (X tons), Brazil (X tons) and Argentina (X tons), with a combined X% share of total production. Bolivia, Cuba, Peru, Chile, Uruguay, Colombia, Haiti, Honduras and Venezuela lagged somewhat behind, together comprising a further X%.

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

The average goat hides and skins yield totaled X kg per head in 2023, standing approx. at the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. Over the period under review, the goat hides and skins yield reached the maximum level at X kg per head in 2019; however, from 2020 to 2023, the yield stood at a somewhat lower figure.

In 2023, the number of animals slaughtered for goat hides and skins production in Latin America and the Caribbean shrank modestly to X heads, remaining stable against the year before. Over the period under review, the number of producing animals, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2020; however, from 2021 to 2023, producing animals failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports in Latin America and the Caribbean

In 2023, exports of goat or kid hides and skins in Latin America and the Caribbean expanded significantly to X tons, increasing by X% on the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, goat hides and skins exports fell to $X in 2023. Overall, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Colombia (X tons), distantly followed by Honduras (X tons), Venezuela (X tons), Costa Rica (X tons), Ecuador (X tons) and Brazil (X tons) were the major exporters of goat or kid hides and skins, together achieving X% of total exports. The Dominican Republic (X tons) took a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the largest goat hides and skins supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with an X% share of total exports. It was followed by Venezuela, with a X% share.

In Colombia, goat hides and skins exports contracted by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Honduras (X% per year) and Venezuela (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Honduras (X%), while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports in Latin America and the Caribbean

In 2023, approx. X tons of goat or kid hides and skins were imported in Latin America and the Caribbean; rising by X% on 2022 figures. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports fell dramatically to $X in 2023. In general, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Mexico prevails in imports structure, accounting for X tons, which was near X% of total imports in 2023. Trinidad and Tobago (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins imports into Mexico stood at X%. At the same time, Trinidad and Tobago (X%) displayed positive paces of growth. Moreover, Trinidad and Tobago emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. While the share of Trinidad and Tobago (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mexico (X p.p.) displayed negative dynamics.

In value terms, Mexico ($X) constitutes the largest market for imported goat or kid hides and skins in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Trinidad and Tobago ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price saw a slight descent. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Trinidad and Tobago ($X per ton), while Mexico stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Source: IndexBox Platform