South Africa: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in South Africa

In 2022, the South African goat hides and skins market increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, saw a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in South Africa

In value terms, goat hides and skins production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, posted a resilient expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

The average yield of goat or kid hides and skins in South Africa amounted to X kg per head in 2022, flattening at the previous year's figure. Overall, the yield showed a slight curtailment. The most prominent rate of growth was recorded in 2018 with a decrease of X%. Over the period under review, the average goat hides and skins yield reached the maximum level at X kg per head in 2017; however, from 2018 to 2022, the yield remained at a lower figure.

The number of animals slaughtered for goat hides and skins production in South Africa shrank slightly to X heads in 2022, approximately reflecting 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2021, and then contracted modestly in the following year.

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Exports of Goat Or Kid Hides And Skins

Exports from South Africa

Goat hides and skins exports from South Africa shrank sharply to X tons in 2022, reducing by X% against 2021 figures. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports skyrocketed to $X in 2022. Overall, exports saw a deep downturn. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for goat hides and skins exports from South Africa, accounting for a X% share of total exports. Moreover, goat hides and skins exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Germany (X% per year).

In value terms, the United States ($X) remains the key foreign market for goat or kid hides and skins exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

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

Export Prices by Country

In 2022, the average goat hides and skins export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hong Kong SAR ($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 Hong Kong SAR (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 South Africa

In 2022, supplies from abroad of goat or kid hides and skins increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, continue to indicate 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 tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Swaziland (X tons) constituted the largest goat hides and skins supplier to South Africa, accounting for a X% share of total imports. Moreover, goat hides and skins imports from Swaziland exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Namibia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Swaziland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Namibia (X% per year).

In value terms, France ($X), Swaziland ($X) and Mozambique ($X) constituted the largest goat hides and skins suppliers to South Africa, together accounting for X% of total imports. China, Italy and Namibia lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2022, the average goat hides and skins import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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