Belarus: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Belarus

The Belarusian goat hides and skins market contracted markedly to $X in 2021, which is down by -51.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a dramatic shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Belarus

In 2021, overseas shipments of goat or kid hides and skins increased by 390% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 5,549% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports soared to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2014 when exports increased by 2,934%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for goat hides and skins exports from Belarus, with a 49% share of total exports. Moreover, goat hides and skins exports to Indonesia exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at +2,089.0%.

In value terms, Indonesia ($X) remains the key foreign market for goat or kid hides and skins exports from Belarus, comprising 47% of total exports. The second position in the ranking was held by Russia ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Indonesia stood at +330.2%.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, which is down by -44.4% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 291% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Indonesia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Belarus

For the ninth consecutive year, Belarus recorded decline in overseas purchases of goat or kid hides and skins, which decreased by -16.4% to X tons in 2021. In general, imports continue to indicate a precipitous slump. The smallest decline of -10.8% was in 2020. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports contracted notably to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 30%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main goat hides and skins supplier to Belarus, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -27.1%.

In value terms, Russia ($X) constituted the largest supplier of goat or kid hides and skins to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at -19.5%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +10.4% per year.

Source: IndexBox Platform

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