ECOWAS - Goat or Kid Hides and Skins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Goat Or Kid Hides And Skins 2024
Market Size for Goat Or Kid Hides And Skins in ECOWAS
The ECOWAS goat hides and skins market shrank modestly to $X in 2023, with a decrease of X% against the previous year. The market value 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. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.
Production of Goat Or Kid Hides And Skins in ECOWAS
In value terms, goat hides and skins production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.
Nigeria (X tons) remains the largest goat hides and skins producing country in ECOWAS, 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), sevenfold. Ghana (X tons) ranked third in terms of total production with an X% share.
From 2012 to 2023, the average annual growth rate of volume in Nigeria totaled X%. 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 fell modestly to X kg per head in 2023, approximately mirroring the year before. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the goat hides and skins yield reached the maximum level at X kg per head in 2018; however, from 2019 to 2023, the yield failed to regain momentum.
The global number of animals slaughtered for goat hides and skins production reached X heads in 2023, therefore, remained relatively stable against 2022 figures. This number increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2021; afterwards, it flattened through to 2023.
Exports of Goat Or Kid Hides And Skins
Exports in ECOWAS
Goat hides and skins exports contracted remarkably to X tons in 2023, which is down by X% against 2022. In general, exports faced a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, goat hides and skins exports shrank dramatically to $X in 2023. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
Exports by Country
Nigeria was the major exporter of goat or kid hides and skins in ECOWAS, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. Senegal (X tons) ranks second in terms of the total exports with a X% share, followed by Ghana (X%). The following exporters - Cote d'Ivoire (X tons) and Guinea (X tons) - together made up X% of total exports.
From 2012 to 2023, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Nigeria ($X) emerged as the largest goat hides and skins supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.
In Nigeria, goat hides and skins exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Cote d'Ivoire (X% per year).
Export Prices by Country
The export price in ECOWAS stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, saw a temperate expansion. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ghana ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the export price figures.
Imports of Goat Or Kid Hides And Skins
Imports in ECOWAS
Goat hides and skins imports fell rapidly to X tons in 2023, waning by X% against 2022 figures. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, goat hides and skins imports declined notably to $X in 2023. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. The level of import peaked at $X in 2022, and then declined remarkably in the following year.
Imports by Country
Nigeria dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2023. Togo (X tons) followed a long way behind the leaders.
Nigeria was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of X% from 2012 to 2023. Togo (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported goat or kid hides and skins in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Togo ($X), with a X% share of total imports.
In Nigeria, goat hides and skins imports increased at an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
In 2023, the import price in ECOWAS amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Togo stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Togo (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for goat hides and skins in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1025 - Goatskins, fresh
- FCL 1026 - Skins, Wet-Salted (Goats)
- FCL 1027 - Skins, Dry-Salted (Goats)
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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