SADC: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in SADC

The SADC goat hides and skins market was estimated at $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in SADC

In value terms, goat hides and skins production rose to $X in 2023 estimated in export price. Overall, production, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Tanzania (X tons), Malawi (X tons) and Zimbabwe (X tons), together accounting for X% of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Malawi (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average goat hides and skins yield stood at X kg per head in 2023, remaining constant against the year before. Over the period under review, the yield, however, saw a slight decrease. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2014 to 2023, the growth of the goat hides and skins yield remained at a somewhat lower figure.

In 2023, number of animals slaughtered for goat hides and skins production in SADC declined slightly to X heads, which is down by X% on the previous year. 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 growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, this number attained the maximum level at X heads in 2022, and then shrank slightly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports in SADC

In 2023, overseas shipments of goat or kid hides and skins increased by X% to X tons, rising for the third consecutive year after four years of decline. In general, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports skyrocketed to $X in 2023. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Botswana represented the largest exporting country with an export of around X tons, which recorded X% of total exports. Zambia (X tons) ranks second in terms of the total exports with a X% share, followed by Tanzania (X%), South Africa (X%) and Malawi (X%). The following exporters - Swaziland (X tons) and Namibia (X tons) - together made up X% of total exports.

Botswana 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, Swaziland (X%) displayed positive paces of growth. By contrast, Zambia (X%), South Africa (X%), Tanzania (X%), Malawi (X%) and Namibia (X%) illustrated a downward trend over the same period. Botswana (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while Zambia, South Africa, Namibia, Malawi and Tanzania saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2023, respectively.

In value terms, South Africa ($X), Botswana ($X) and Namibia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Malawi, Zambia, Tanzania and Swaziland lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Swaziland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, waning by X% against the previous year. In general, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a 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 South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Imports of Goat Or Kid Hides And Skins

Imports in SADC

In 2023, overseas purchases of goat or kid hides and skins decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2023, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports expanded modestly to $X in 2023. In general, imports faced a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the one major importers of goat or kid hides and skins, namely South Africa, represented more than two-thirds of total import.

South Africa 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. South Africa (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, South Africa ($X) constitutes the largest market for imported goat or kid hides and skins in SADC.

In South Africa, goat hides and skins imports decreased by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2023, the import prices failed to regain momentum.

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

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform