Thailand: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Thailand

The Thai goat hides and skins market amounted to $X in 2022, surging by X% against the previous year. Overall, consumption, however, enjoyed a perceptible expansion. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Production of Goat Or Kid Hides And Skins in Thailand

In value terms, goat hides and skins production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed buoyant growth. The pace of growth appeared the most rapid in 2015 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 remained at a lower figure.

In 2022, the average yield of goat or kid hides and skins in Thailand was estimated at X kg per head, almost unchanged from the year before. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the average goat hides and skins yield reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

In 2022, number of animals slaughtered for goat hides and skins production in Thailand declined modestly to X heads, therefore, remained relatively stable against 2021. Overall, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the amount of producing animals attained the peak level of X heads, and then contracted in the following year.

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Exports of Goat Or Kid Hides And Skins

Exports from Thailand

In 2022, the amount of goat or kid hides and skins exported from Thailand skyrocketed to X tons, surging by X% against the year before. Overall, exports, however, recorded a precipitous decline. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports skyrocketed to $X in 2022. In general, exports, however, faced a sharp setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for goat hides and skins exports from Thailand, with a X% share of total exports. Moreover, goat hides and skins exports to Hong Kong SAR exceeded the volume sent to the second major destination, China (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR stood at X%.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for goat or kid hides and skins exports from Thailand, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR totaled X%.

Export Prices by Country

In 2022, the average goat hides and skins export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Hong Kong SAR totaled $X per ton.

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 Thailand

In 2022, purchases abroad of goat or kid hides and skins decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, goat hides and skins imports rose rapidly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest goat hides and skins supplier to Thailand, accounting for a X% share of total imports. Moreover, goat hides and skins imports from the United States exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was held by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Indonesia (X% per year).

In value terms, the United States ($X) constituted the largest supplier of goat or kid hides and skins to Thailand, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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