Belgium: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Belgium

After two years of decline, the Belgian goat hides and skins market increased by 43% to $X in 2021. In general, consumption, however, recorded a drastic downturn. Goat hides and skins consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Belgium

In value terms, goat hides and skins production shrank slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 53%. Goat hides and skins production peaked at $X in 2020, and then contracted modestly in the following year.

In 2021, the average yield of goat or kid hides and skins in Belgium contracted markedly to X kg per head, falling by -32.7% against 2020. Over the period under review, the yield indicated perceptible growth from 2012 to 2021: its figure increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 39% against the previous year. Over the period under review, the average goat hides and skins yield reached the peak level at X kg per head in 2020, and then dropped significantly in the following year.

In 2021, approx. X heads of animals slaughtered for goat hides and skins production in Belgium; jumping by 37% compared with the previous year's figure. Overall, the number of producing animals posted a strong expansion. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by 84%. The number of animals slaughtered for goat hides and skins production peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Goat Or Kid Hides And Skins

Exports from Belgium

In 2021, shipments abroad of goat or kid hides and skins increased by 34% to X tons, rising for the third year in a row after four years of decline. Overall, exports, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 737%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, goat hides and skins exports skyrocketed to $X in 2021. In general, exports, however, faced a deep downturn. The growth pace was the most rapid in 2014 when exports increased by 596%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Portugal (X tons) was the main destination for goat hides and skins exports from Belgium, accounting for a 90% share of total exports. Moreover, goat hides and skins exports to Portugal exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Portugal totaled +600.5%.

In value terms, Portugal ($X) and the Czech Republic ($X) constituted the largest markets for goat hides and skins exported from Belgium worldwide.

Portugal, with a CAGR of +244.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, with an increase of 35% against the previous year. In general, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 316% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Portugal amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Belgium

In 2021, after two years of decline, there was significant growth in supplies from abroad of goat or kid hides and skins, when their volume increased by 36% to X tons. Overall, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 65%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports skyrocketed to $X in 2021. In general, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by 144% against the previous year. 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, France (X tons) constituted the largest supplier of goat hides and skins to Belgium, accounting for a 58% share of total imports. Moreover, goat hides and skins imports from France exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Hungary (X tons), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +123.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-9.8% per year) and Hungary (+206.2% per year).

In value terms, France ($X) constituted the largest supplier of goat or kid hides and skins to Belgium, comprising 51% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 19% share of total imports. It was followed by Hungary, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value from France totaled +70.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-16.2% per year) and Hungary (+168.6% per year).

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, increasing by 21% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :