CIS: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in CIS

The CIS goat hides and skins market fell to $X in 2021, declining by -6.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Goat Or Kid Hides And Skins in CIS

In value terms, goat hides and skins production fell rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 59% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Russia (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons), together accounting for 93% of total production. These countries were followed by Tajikistan, which accounted for a further 5.3%.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Tajikistan (with a CAGR of +1.8%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average goat hides and skins yield in the CIS reached X kg per head, approximately mirroring the previous year. The yield figure increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 6.2%. Over the period under review, the goat hides and skins yield hit record highs in 2021 and is expected to retain growth in the immediate term.

In 2021, approx. X heads of animals slaughtered for goat hides and skins production in the CIS; approximately reflecting the year before. In general, the number of producing animals recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 0.8%. Over the period under review, this number reached the maximum level at X heads in 2013; however, from 2014 to 2021, producing animals failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports in CIS

In 2021, the amount of goat or kid hides and skins exported in the CIS shrank markedly to X tons, declining by -25.1% compared with the year before. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 73% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports contracted sharply to $X in 2021. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 108%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Russia (X tons) was the major exporter of goat or kid hides and skins, making up 50% of total exports. Kyrgyzstan (X tons) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (13%) and Kazakhstan (12%). Moldova (X tons) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to goat hides and skins exports from Russia stood at -16.1%. At the same time, Belarus (+75.2%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +75.2% from 2012-2021. By contrast, Kazakhstan (-16.2%), Moldova (-18.8%) and Kyrgyzstan (-23.4%) illustrated a downward trend over the same period. Belarus (+13 p.p.), Russia (+8.4 p.p.) and Kazakhstan (+2 p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by -18.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X), Russia ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2021, with a combined 90% share of total exports.

In terms of the main exporting countries, Belarus, with a CAGR of +62.9%, recorded the highest rates of growth with regard to 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

In 2021, the export price in the CIS amounted to $X per ton, reducing by -2.2% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2015 when the export price increased by 58% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+18.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in CIS

In 2021, overseas purchases of goat or kid hides and skins decreased by -41% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2019 with an increase of 75%. Over the period under review, imports attained the maximum 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 markedly to $X in 2021. Overall, imports faced a sharp decrease. The pace of growth was the most pronounced in 2018 when imports increased by 102% 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

Belarus dominates imports structure, accounting for X tons, which was approx. 84% of total imports in 2021. It was distantly followed by Kazakhstan (X tons) and Kyrgyzstan (X tons), together mixing up a 14% share of total imports.

Imports into Belarus decreased at an average annual rate of -27.1% from 2012 to 2021. Kyrgyzstan (-27.1%) and Kazakhstan (-29.3%) illustrated a downward trend over the same period. Belarus (+6.9 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -1.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) constitutes the largest market for imported goat or kid hides and skins in the CIS, comprising 53% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Belarus amounted to -19.5%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-19.8% per year) and Kyrgyzstan (-18.6% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, increasing by 24% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, goat hides and skins import price increased by +99.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by 53%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+13.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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