Northern America: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Northern America

For the third year in a row, the North American goat hides and skins market recorded decline in sales value, which decreased by X% to $X in 2023. In general, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Northern America

In value terms, goat hides and skins production fell modestly to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

The country with the largest volume of goat hides and skins production was the United States (X tons), accounting for X% of total volume. Moreover, goat hides and skins production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), threefold.

From 2012 to 2023, the average annual growth rate of volume in the United States amounted to X%.

The average goat hides and skins yield dropped sharply to X kg per head in 2023, with a decrease of X% compared with the previous year's figure. Overall, the yield showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2021; however, from 2022 to 2023, the yield stood at a somewhat lower figure.

In 2023, number of animals slaughtered for goat hides and skins production in Northern America fell modestly to X heads, remaining stable against 2022 figures. In general, the number of producing animals recorded a slight setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2012; however, from 2013 to 2023, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports in Northern America

In 2023, approx. X tons of goat or kid hides and skins were exported in Northern America; which is down by X% against 2022 figures. Over the period under review, exports recorded a abrupt shrinkage. 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 reached the maximum at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports declined to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Canada (X tons), making up a X% share of total exports.

The United States was also the fastest-growing in terms of the goat or kid hides and skins exports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) remains the largest goat hides and skins supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

In the United States, goat hides and skins exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per ton, growing by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2023: its price 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, goat hides and skins export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

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

Imports of Goat Or Kid Hides And Skins

Imports in Northern America

Goat hides and skins imports declined remarkably to X tons in 2023, falling by X% on the previous year's figure. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports fell rapidly to $X in 2023. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of goat hides and skins imports in 2023 were the United States (X tons) and Canada (X tons), together resulting at X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of X%).

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

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

Import Prices by Country

The import price in Northern America stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price showed significant growth. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

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 the United States ($X per ton), while Canada amounted to $X per ton.

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

Source: IndexBox Platform