Southern Asia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Southern Asia

The South Asian goat hides and skins market shrank slightly to $X in 2023, leveling off at the previous year. The market value increased at an average annual rate of X% over the period 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 2020; afterwards, it flattened through to 2023.

Production of Goat Or Kid Hides And Skins in Southern Asia

In value terms, goat hides and skins production declined slightly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

The countries with the highest volumes of production in 2023 were Pakistan (X tons), India (X tons) and Bangladesh (X tons), together comprising X% of total production. Nepal and Afghanistan lagged somewhat behind, together comprising a further X%.

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

In 2023, the average yield of goat or kid hides and skins in Southern Asia fell to X kg per head, leveling off at the previous year. In general, the yield saw a slight decline. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. The level of yield peaked at X kg per head in 2012; however, from 2013 to 2023, the yield remained at a lower figure.

In 2023, number of animals slaughtered for goat hides and skins production in Southern Asia contracted slightly to X heads, remaining relatively unchanged against 2022. This number increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2022, and then dropped modestly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports in Southern Asia

After two years of growth, overseas shipments of goat or kid hides and skins decreased by X% to X tons in 2023. Over the period under review, exports faced a precipitous descent. The pace of growth was the most pronounced in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports shrank notably to $X in 2023. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Afghanistan (X tons) was the major exporter of goat or kid hides and skins, committing X% of total exports. Bangladesh (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Pakistan (X%).

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins exports from Afghanistan stood at X%. Pakistan (X%) and Bangladesh (X%) illustrated a downward trend over the same period. While the share of Afghanistan (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Bangladesh (X p.p.) displayed negative dynamics.

In value terms, Bangladesh ($X) emerged as the largest goat hides and skins supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Bangladesh stood at X%. In the other countries, the average annual rates were as follows: Afghanistan (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in Southern Asia

In 2023, overseas purchases of goat or kid hides and skins increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2022 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, goat hides and skins imports soared to $X in 2023. Over the period under review, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Pakistan (X tons) was the major importer of goat or kid hides and skins, creating X% of total imports. It was distantly followed by India (X tons), creating a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to goat hides and skins imports into Pakistan stood at X%. India (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Pakistan ($X) constitutes the largest market for imported goat or kid hides and skins in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

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

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a slight decline. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the 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 Pakistan ($X per ton), while India amounted to $X per ton.

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

Source: IndexBox Platform