SADC: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in SADC

In 2023, after two years of growth, there was decline in the SADC goat hides and skins market, when its value decreased by X% to $X. The total consumption indicated prominent growth 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. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in SADC

In value terms, goat hides and skins production reached $X in 2023 estimated in export price. Overall, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

The countries with the highest volumes of production in 2023 were Tanzania (X tons), Malawi (X tons) and Zimbabwe (X tons), with a combined X% share of total production.

From 2012 to 2023, the biggest increases were recorded for Malawi (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average goat hides and skins yield amounted to X kg per head in 2023, remaining stable against 2022. In general, the yield, however, showed a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the goat hides and skins yield reached the peak level at X kg per head in 2013; however, from 2014 to 2023, the yield remained at a lower figure.

The global number of animals slaughtered for goat hides and skins production shrank modestly to X heads in 2023, with a decrease of X% compared with 2022. This number increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2022, and then fell slightly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports in SADC

In 2023, the amount of goat or kid hides and skins exported in SADC dropped to X tons, which is down by X% compared with 2022 figures. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports soared to $X in 2023. Overall, exports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Botswana represented the major exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Zambia (X tons), South Africa (X tons), Zimbabwe (X tons), Tanzania (X tons) and Malawi (X tons), together comprising a X% share of total exports. Swaziland (X tons) held a minor share of total exports.

Botswana 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. At the same time, Swaziland (X%) displayed positive paces of growth. By contrast, Zimbabwe (X%), Zambia (X%), South Africa (X%), Tanzania (X%) and Malawi (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Botswana, Zimbabwe and Swaziland increased by X, X and X percentage points, respectively.

In value terms, Zimbabwe ($X) remains the largest goat hides and skins supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Zambia, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Zimbabwe stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malawi (X%), while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports in SADC

In 2023, the amount of goat or kid hides and skins imported in SADC fell to X tons, remaining stable against the previous year's figure. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports fell slightly to $X in 2023. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of goat hides and skins imports in 2023 were South Africa (X tons), together recording X% of total import.

South Africa was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of X% from 2012 to 2023. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported goat or kid hides and skins in SADC.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2022 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform