Pakistan: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Pakistan

The Pakistani goat hides and skins market expanded slightly to $X in 2022, rising by X% against the previous year. In general, consumption, however, enjoyed tangible growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Pakistan

In value terms, goat hides and skins production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a notable increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average goat hides and skins yield in Pakistan totaled X kg per head, therefore, remained relatively stable against the previous year's figure. Overall, the yield recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. The goat hides and skins yield peaked at X kg per head in 2013; however, from 2014 to 2022, the yield failed to regain momentum.

The number of animals slaughtered for goat hides and skins production in Pakistan fell modestly to X heads in 2022, standing approx. at 2021 figures. Over the period under review, the number of producing animals, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, this number reached the peak level 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 from Pakistan

In 2022, shipments abroad of goat or kid hides and skins decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports dropped significantly to $X in 2022. Overall, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for goat hides and skins exports from Pakistan, with a X% share of total exports. Moreover, goat hides and skins exports to Thailand exceeded the volume sent to the second major destination, Sweden (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Ireland (X% per year).

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Ireland (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price showed a notable increase. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (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 Pakistan

After three years of decline, overseas purchases of goat or kid hides and skins increased by X% to X tons in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, goat hides and skins imports surged to $X in 2022. Overall, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Somalia (X tons) and Saudi Arabia (X tons) were the main suppliers of goat hides and skins imports to Pakistan, with a combined X% share of total imports. The United States, Australia, New Zealand, Oman, Sweden, Spain, Kenya and Djibouti lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest goat hides and skins suppliers to Pakistan were Somalia ($X), Saudi Arabia ($X) and the United States ($X), with a combined X% share of total imports. Australia, the United Arab Emirates, New Zealand, Oman, Sweden, Spain, Kenya and Djibouti lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat hides and skins import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Oman ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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