Saudi Arabia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Saudi Arabia

The Saudi goat hides and skins market declined to $X in 2023, approximately mirroring the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Saudi Arabia

In value terms, goat hides and skins production dropped to $X in 2023 estimated in export price. Overall, production, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

The average yield of goat or kid hides and skins in Saudi Arabia totaled X kg per head in 2023, leveling off at the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. As a result, the yield attained the peak level of X kg per head. From 2019 to 2023, the growth of the average goat hides and skins yield remained at a somewhat lower figure.

The number of animals slaughtered for goat hides and skins production in Saudi Arabia expanded significantly to X heads in 2023, with an increase of X% against 2022. Over the period under review, the total number of producing animals indicated a moderate expansion from 2012 to 2023: its figure 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. Based on 2023 figures, number of animals slaughtered for goat hides and skins production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the number of producing animals increased by X%. Over the period under review, this number reached the maximum level at X heads in 2020; however, from 2021 to 2023, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Saudi Arabia

In 2023, goat hides and skins exports from Saudi Arabia skyrocketed to X tons, increasing by X% compared with 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports dropped to $X in 2023. In general, exports showed resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), Pakistan (X tons) and the United Arab Emirates (X tons) were the main destinations of goat hides and skins exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Pakistan ($X) remains the key foreign market for goat or kid hides and skins exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Pakistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Hong Kong SAR ($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 Pakistan (X%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Saudi Arabia

In 2023, goat hides and skins imports into Saudi Arabia skyrocketed to X tons, picking up by X% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, goat hides and skins imports surged to $X in 2023. In general, imports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Tanzania (X tons), South Africa (X tons) and Yemen (X kg) were the main suppliers of goat hides and skins imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X) constituted the largest supplier of goat or kid hides and skins to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Yemen (X% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2022 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell notably in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform