Ecuador: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Ecuador

The Ecuadorian goat hides and skins market dropped significantly to $X in 2021, with a decrease of -44.5% against the previous year. Over the period under review, consumption faced 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 Ecuador

In value terms, goat hides and skins production surged to $X in 2021 estimated in export price. In general, production, however, saw a abrupt curtailment. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

The average yield of goat or kid hides and skins in Ecuador reduced dramatically to X kg per head in 2021, waning by -71.1% compared with the previous year's figure. Overall, the yield, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when the yield increased by 98% against the previous year. As a result, the yield attained the peak level of X kg per head, and then reduced notably in the following year.

In 2021, the number of animals slaughtered for goat hides and skins production in Ecuador surged to X heads, rising by 311% compared with 2020 figures. In general, the number of producing animals, however, continues to indicate a abrupt contraction. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2013; however, from 2014 to 2021, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Ecuador

In 2021, shipments abroad of goat or kid hides and skins increased by 216% to X tons, rising for the second consecutive year after seven years of decline. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, goat hides and skins exports surged to $X in 2021. Over the period under review, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for goat hides and skins exports from Ecuador, accounting for a 60% share of total exports. Moreover, goat hides and skins exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.7% per year) and Slovakia (-7.1% per year).

In value terms, France ($X) remains the key foreign market for goat or kid hides and skins exports from Ecuador, comprising 50% of total exports. The second position in the ranking was held by Germany ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France stood at +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.8% per year) and Slovakia (-2.0% per year).

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, dropping by -9.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 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 Slovakia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Ecuador

For the ninth consecutive year, Ecuador recorded decline in overseas purchases of goat or kid hides and skins, which decreased by -9.9% to X kg in 2021. In general, imports saw a sharp contraction. The smallest decline of -4.2% was in 2018. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports fell rapidly to $X in 2021. Over the period under review, imports faced a abrupt curtailment. The smallest decline of -5.9% was in 2017. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) was the main supplier of goat hides and skins to Ecuador, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -22.1%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -19.6%.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, declining by -7.8% against the previous year. Overall, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.2% 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 decreased by -19.0% against 2016 indices. The pace of growth was the most pronounced in 2015 an increase of 90%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.2% per year.

Source: IndexBox Platform

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