Venezuela: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Venezuela

The Venezuelan goat hides and skins market dropped notably to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a abrupt setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Venezuela

In value terms, goat hides and skins production shrank slightly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of goat or kid hides and skins in Venezuela surged to X kg per head in 2022, jumping by X% compared with 2021 figures. Overall, the yield saw a prominent increase. As a result, the yield reached the peak level and is likely to continue growth in the immediate term.

In 2022, number of animals slaughtered for goat hides and skins production in Venezuela fell to X heads, almost unchanged from 2021 figures. Over the period under review, the number of producing animals, however, showed a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

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Exports of Goat Or Kid Hides And Skins

Exports from Venezuela

In 2022, overseas shipments of goat or kid hides and skins increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, goat hides and skins exports soared to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons), Cambodia (X tons) and Indonesia (X tons) were the main destinations of goat hides and skins exports from Venezuela, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for goat or kid hides and skins exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average goat hides and skins export price amounted to $X per ton, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

In 2022, approx. X kg of goat or kid hides and skins were imported into Venezuela; rising by X% on the previous year's figure. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, goat hides and skins imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X kg) constituted the largest supplier of goat hides and skins to Venezuela, accounting for a X% share of total imports. Moreover, goat hides and skins imports from Italy exceeded the figures recorded by the second-largest supplier, Panama (X kg), fourfold.

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

In value terms, Panama ($X) constituted the largest supplier of goat or kid hides and skins to Venezuela, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

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

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Panama ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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