Portugal: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Portugal

In 2022, the Portuguese goat hides and skins market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Production of Goat Or Kid Hides And Skins in Portugal

In value terms, goat hides and skins production fell to $X in 2022 estimated in export price. In general, production faced a precipitous decline. The growth pace was the most rapid in 2021 with an increase of X%. Goat hides and skins production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of goat or kid hides and skins in Portugal fell markedly to X kg per head in 2022, with a decrease of X% compared with the previous year. Over the period under review, the yield showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head, and then dropped significantly in the following year.

In 2022, the number of animals slaughtered for goat hides and skins production in Portugal shrank to X heads, waning by X% compared with the previous year. In general, the total number of producing animals indicated a tangible increase from 2012 to 2022: its figure 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, number of animals slaughtered for goat hides and skins production increased 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 attained the peak level at X heads in 2021, and then shrank in the following year.

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Exports of Goat Or Kid Hides And Skins

Exports from Portugal

In 2022, approx. X tons of goat or kid hides and skins were exported from Portugal; reducing by X% on 2021 figures. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, goat hides and skins exports fell significantly to $X in 2022. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

Spain (X tons) was the main destination for goat hides and skins exports from Portugal, accounting for a X% share of total exports. Moreover, goat hides and skins exports to Spain exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

In value terms, Spain ($X) remains the key foreign market for goat or kid hides and skins exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the average price for exports to Spain ($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 China (X%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Portugal

For the third consecutive year, Portugal recorded growth in purchases abroad of goat or kid hides and skins, which increased by X% to X tons in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, goat hides and skins imports surged to $X in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) was the main supplier of goat hides and skins to Portugal, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at X%.

In value terms, Italy ($X) constituted the largest supplier of goat or kid hides and skins to Portugal.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to X% per year.

Source: IndexBox Platform

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