United Arab Emirates: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in the United Arab Emirates

The goat hides and skins market in the United Arab Emirates was estimated at $X in 2023, surging by X% against the previous year. Overall, the total consumption indicated a strong increase 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. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in the United Arab Emirates

In value terms, goat hides and skins production soared to $X in 2023 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

In 2023, the average goat hides and skins yield in the United Arab Emirates rose markedly to X kg per head, surging by X% compared with 2022 figures. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. Over the period under review, the average goat hides and skins yield reached the maximum level at X kg per head in 2021; however, from 2022 to 2023, the yield stood at a somewhat lower figure.

The number of animals slaughtered for goat hides and skins production in the United Arab Emirates stood at X heads in 2023, approximately equating 2022. This number increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2019; however, from 2020 to 2023, producing animals failed to regain momentum.

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Exports of Goat Or Kid Hides And Skins

Exports from the United Arab Emirates

In 2023, approx. X tons of goat or kid hides and skins were exported from the United Arab Emirates; waning by X% compared with the previous year. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, goat hides and skins exports fell to $X in 2023. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons), Nigeria (X tons) and Turkey (X tons) were the main destinations of goat hides and skins exports from the United Arab Emirates, together comprising X% 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 Nigeria (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for goat hides and skins exported from the United Arab Emirates were Pakistan ($X), Turkey ($X) and Indonesia ($X), together comprising X% of total exports.

Among the main countries of destination, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2023, the average goat hides and skins export price amounted to $X per ton, shrinking by X% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, goat hides and skins export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Tunisia ($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 Egypt (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 the United Arab Emirates

In 2023, overseas purchases of goat or kid hides and skins decreased by X% to X kg, falling for the ninth consecutive year after three years of growth. Over the period under review, imports faced a sharp decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, goat hides and skins imports rose markedly to $X in 2023. Overall, imports saw a sharp descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Syrian Arab Republic (X kg), Somalia (X kg) and Egypt (X kg) were the main suppliers of goat hides and skins imports to the United Arab Emirates, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Syrian Arab Republic (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Somalia ($X) constituted the largest supplier of goat or kid hides and skins to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Somalia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2023, the average goat hides and skins import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price showed strong growth. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform