New Zealand: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in New Zealand

The New Zealand goat hides and skins market contracted to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Goat hides and skins consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in New Zealand

In value terms, goat hides and skins production contracted to $X in 2023 estimated in export price. Overall, production, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

In 2023, the average yield of goat or kid hides and skins in New Zealand shrank to X kg per head, declining by X% compared with the previous year. In general, the yield showed a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the yield increased by X%. Over the period under review, the average goat hides and skins yield hit record highs at X kg per head in 2012; however, from 2013 to 2023, the yield remained at a lower figure.

In 2023, number of animals slaughtered for goat hides and skins production in New Zealand expanded rapidly to X heads, picking up by X% compared with 2022 figures. Overall, the total number of producing animals indicated a moderate increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, number of animals slaughtered for goat hides and skins production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. 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.

Exports of Goat Or Kid Hides And Skins

Exports from New Zealand

In 2023, the amount of goat or kid hides and skins exported from New Zealand expanded rapidly to X tons, growing by X% against the previous year. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports totaled $X in 2023. In general, total exports indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for goat hides and skins exports from New Zealand, with a X% share of total exports. Moreover, goat hides and skins exports to China exceeded the volume sent to the second major destination, Japan (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Switzerland (X% per year).

In value terms, China ($X) remains the key foreign market for goat or kid hides and skins exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2022 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Italy ($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 Hong Kong SAR (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 New Zealand

In 2022, the amount of goat or kid hides and skins imported into New Zealand dropped rapidly to X kg, waning by X% compared with 2021 figures. Over the period under review, imports faced a sharp slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports shrank notably to $X in 2022. In general, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Finland (X kg), Australia (X kg) and South Africa (X kg) were the main suppliers of goat hides and skins imports to New Zealand, together accounting for X% of total imports. Botswana, Namibia and Canada lagged somewhat behind, together comprising a further X%. Moreover, goat hides and skins imports in Finland exceeded the figures recorded by the second-largest supplier, Australia, twofold.

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

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

From 2012 to 2022, the average annual growth rate of value from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Canada (X% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform