Benelux: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Benelux

In 2021, the Benelux goat hides and skins market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a perceptible contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Benelux

In value terms, goat hides and skins production rose modestly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

The Netherlands (X tons) remains the largest goat hides and skins producing country in Benelux, accounting for 82% of total volume. Moreover, goat hides and skins production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume in the Netherlands amounted to -1.4%.

The average goat hides and skins yield declined to X kg per head in 2021, with a decrease of -11.2% against the previous year's figure. Over the period under review, the yield continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the yield increased by 206% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2015 to 2021, the growth of the goat hides and skins yield remained at a somewhat lower figure.

In 2021, number of animals slaughtered for goat hides and skins production in Benelux was estimated at X heads, growing by 11% against 2020 figures. The total number of producing animals indicated a remarkable increase from 2012 to 2021: its figure increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, number of animals slaughtered for goat hides and skins production increased by +93.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by 23% against the previous year. Over the period under review, this number hit record highs in 2021 and is expected to retain growth in years to come.

Exports of Goat Or Kid Hides And Skins

Exports in Benelux

In 2021, shipments abroad of goat or kid hides and skins increased by 68% to X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 292%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, goat hides and skins exports surged to $X in 2021. Overall, exports, however, faced a sharp decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the Netherlands (X tons), followed by Belgium (X tons) represented the key exporters of goat or kid hides and skins, together generating 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of -9.7%).

In value terms, the Netherlands ($X) remains the largest goat hides and skins supplier in Benelux, comprising 83% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at -28.6%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, increasing by 16% against the previous year. In general, the export price, however, faced a deep reduction. The growth pace was the most rapid in 2015 when the export price increased by 77%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-5.4%).

Imports of Goat Or Kid Hides And Skins

Imports in Benelux

After two years of decline, purchases abroad of goat or kid hides and skins increased by 36% to X tons in 2021. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 64%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports surged to $X in 2021. In general, imports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 when imports increased by 94%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

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

Belgium was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of -5.5% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported goat or kid hides and skins in Benelux.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium stood at -8.6%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, with an increase of 4.9% against the previous year. Over the period under review, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2020 an increase of 87%. The level of import peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to -3.3% per year.

Source: IndexBox Platform