ASEAN: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in ASEAN

The ASEAN goat hides and skins market rose to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced slump. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in ASEAN

In value terms, goat hides and skins production contracted modestly to $X in 2023 estimated in export price. In general, production showed a pronounced decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Indonesia (X tons), the Philippines (X tons) and Vietnam (X tons), together accounting for X% of total production. Myanmar, Malaysia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

The average goat hides and skins yield dropped sharply to X kg per head in 2023, declining by X% on 2022. In general, the yield saw a deep reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the goat hides and skins yield attained the peak level at X kg per head in 2013; however, from 2014 to 2023, the yield failed to regain momentum.

The global number of animals slaughtered for goat hides and skins production surged to X heads in 2023, increasing by X% against the previous year. This number increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, this number reached the peak level at X heads in 2021; however, from 2022 to 2023, producing animals failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports in ASEAN

In 2023, exports of goat or kid hides and skins in ASEAN shrank rapidly to X tons, waning by X% on the previous year. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2022, and then declined dramatically in the following year.

In value terms, goat hides and skins exports shrank to $X in 2023. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then declined in the following year.

Exports by Country

In 2023, Vietnam (X tons) represented the key exporter of goat or kid hides and skins, constituting X% of total exports. It was distantly followed by Indonesia (X tons), making up a X% share of total exports.

Vietnam was also the fastest-growing in terms of the goat or kid hides and skins exports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%) displayed positive paces of growth. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Vietnam ($X) remains the largest goat hides and skins supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports.

In Vietnam, goat hides and skins exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, picking up by X% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%).

Imports of Goat Or Kid Hides And Skins

Imports in ASEAN

In 2023, the amount of goat or kid hides and skins imported in ASEAN dropped to X tons, falling by X% on the previous year. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, goat hides and skins imports shrank modestly to $X in 2023. Overall, imports, however, recorded a modest increase. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Indonesia (X tons) represented the main importer of goat or kid hides and skins, making up X% of total imports. It was distantly followed by Thailand (X tons), creating an X% share of total imports.

Indonesia was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of X% from 2012 to 2023. At the same time, Thailand (X%) displayed positive paces of growth. Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2023.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Thailand ($X per ton), while Indonesia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%).

Source: IndexBox Platform