Middle East: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in the Middle East

In 2022, the Middle Eastern goat hides and skins market increased by X% to $X, rising for the fourth consecutive year after four 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 2022, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in the Middle East

In value terms, goat hides and skins production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Yemen (X tons), Turkey (X tons) and Saudi Arabia (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Saudi Arabia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average goat hides and skins yield in the Middle East shrank slightly to X kg per head, approximately equating 2021 figures. In general, the yield recorded a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the goat hides and skins yield hit record highs at X kg per head in 2012; however, from 2013 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for goat hides and skins production in the Middle East declined to X heads, which is down by X% compared with the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2021, and then shrank modestly in the following year.

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Exports of Goat Or Kid Hides And Skins

Exports in the Middle East

In 2022, shipments 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. Over the period under review, exports enjoyed mild growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports contracted to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Iran represented the main exporter of goat or kid hides and skins in the Middle East, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Iraq (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Jordan (X%) and Saudi Arabia (X%). The following exporters - the United Arab Emirates (X tons) and Syrian Arab Republic (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Iraq ($X) and Iran ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in the Middle East

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, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, goat hides and skins imports amounted to $X in 2022. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. The following importers - Lebanon (X tons) and Syrian Arab Republic (X tons) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to goat hides and skins imports into Turkey stood at X%. Syrian Arab Republic (X%) and Lebanon (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported goat or kid hides and skins in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Syrian Arab Republic (X% per year) and Lebanon (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Syrian Arab Republic ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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