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

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

In 2023, the New Zealand goat hides and skins market decreased by X% to $X, falling for the sixth consecutive year after two years of growth. Overall, consumption faced a deep reduction. The pace of growth appeared the most rapid in 2016 when the market value increased by 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 dropped to $X in 2023 estimated in export price. In general, production, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

In 2023, the average goat hides and skins yield in New Zealand dropped to X kg per head, reducing by X% on the year before. In general, the yield recorded a perceptible setback. 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 maximum level at X kg per head in 2012; however, from 2013 to 2023, the yield failed to regain momentum.

In 2023, the number of animals slaughtered for goat hides and skins production in New Zealand rose significantly to X heads, growing by X% on 2022 figures. Overall, the total number of producing animals indicated a tangible 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%. Over the period under review, this number hit record highs 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 from New Zealand

In 2023, approx. X tons of goat or kid hides and skins were exported from New Zealand; picking up by X% against 2022 figures. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the near future.

In value terms, goat hides and skins exports soared to $X in 2023. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2023: its value 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, exports increased by X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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 held by Switzerland (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to China amounted to 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 an X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value 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).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

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, goat hides and skins imports into New Zealand dropped significantly to X kg, which is down by X% against the year before. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained 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 remarkably to $X in 2022. In general, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted markedly 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 comprising 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 ($X) constituted the largest supplier of goat or kid hides and skins to New Zealand, comprising X% of total imports. The second position in the ranking was held by Botswana ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland amounted to 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

In 2022, the average goat hides and skins import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2015 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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