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

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

In 2022, after four years of decline, there was growth in the West African goat hides and skins market, when its value increased by X% to $X. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained 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 Western Africa

In value terms, goat hides and skins production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The country with the largest volume of goat hides and skins production was Nigeria (X tons), comprising approx. X% of total volume. Moreover, goat hides and skins production in Nigeria exceeded the figures recorded by the second-largest producer, Burkina Faso (X tons), threefold. Ghana (X tons) ranked third in terms of total production with a X% share.

In Nigeria, goat hides and skins production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Burkina Faso (X% per year) and Ghana (X% per year).

The average goat hides and skins yield totaled X kg per head in 2022, approximately mirroring 2021. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the goat hides and skins yield reached the peak level at X kg per head in 2019; however, from 2020 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for goat hides and skins production in Western Africa reached X heads, approximately equating the year before. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2019 when the number of producing animals increased by X%. Over the period under review, this number hit record highs at X heads in 2020; afterwards, it flattened through to 2022.

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Exports of Goat Or Kid Hides And Skins

Exports in Western Africa

After four years of decline, overseas shipments of goat or kid hides and skins increased by X% to X tons in 2022. Overall, exports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports soared to $X in 2022. In general, exports showed a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Ghana (X tons) and Mauritania (X tons) were the major exporters of goat or kid hides and skins in Western Africa, together making up X% of total exports. It was distantly followed by Senegal (X tons), creating an X% share of total exports. Burkina Faso (X tons), Nigeria (X tons) and Benin (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Benin (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) emerged as the largest goat hides and skins supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

In Ghana, goat hides and skins exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in Western Africa

In 2022, the amount of goat or kid hides and skins imported in Western Africa soared to X tons, increasing by X% against the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports skyrocketed to $X in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Nigeria (X tons) represented roughly X% of total imports in 2022.

Nigeria was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Nigeria increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported goat or kid hides and skins in Western Africa.

In Nigeria, goat hides and skins imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to X% per year.

Source: IndexBox Platform

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