Israel: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Israel

In 2021, the Israeli goat hides and skins market increased by 1.7% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption showed a pronounced descent. Goat hides and skins consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Israel

In value terms, goat hides and skins production reached $X in 2021 estimated in export price. In general, production recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 23% against the previous year. Goat hides and skins production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

The average yield of goat or kid hides and skins in Israel totaled X kg per head in 2021, remaining relatively unchanged against 2020. Over the period under review, the yield recorded a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the yield increased by 43% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2018 to 2021, the growth of the average goat hides and skins yield remained at a lower figure.

In 2021, the number of animals slaughtered for goat hides and skins production in Israel amounted to X heads, remaining stable against the previous year's figure. This number increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 56%. As a result, the amount of producing animals attained the peak level of X heads. From 2015 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Israel

In 2021, overseas shipments of goat or kid hides and skins increased by 190% to X tons for the first time since 2015, thus ending a five-year declining trend. Over the period under review, exports, however, saw a sharp curtailment. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, goat hides and skins exports surged to $X in 2021. Overall, exports, however, saw a significant decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for goat hides and skins exports from Israel, with a 98% share of total exports. It was followed by South Korea (X kg), with a 2.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Palestine totaled -18.9%.

In value terms, Palestine ($X) remains the key foreign market for goat or kid hides and skins exports from Israel, comprising 82% of total exports. The second position in the ranking was held by South Korea ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Palestine amounted to -20.6%.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, shrinking by -32.1% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth appeared the most rapid in 2016 an increase of 46% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.5%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Israel

Goat hides and skins imports into Israel shrank remarkably to X tons in 2021, waning by -27% on 2020 figures. Over the period under review, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 917% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports shrank sharply to $X in 2021. Overall, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 when imports increased by 178% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Ukraine (X kg) and Brazil (X kg) were the main suppliers of goat hides and skins imports to Israel, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +57.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of goat or kid hides and skins to Israel, comprising 65% of total imports. The second position in the ranking was held by Brazil ($X), with an 18% share of total imports. It was followed by Ukraine, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +45.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.8% per year) and Ukraine (+42.8% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, growing by 16% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, average import prices attained the peak figure 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 Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :