Italy: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Italy

The Italian goat hides and skins market dropped sharply to $X in 2021, declining by -35.5% against the previous year. Over the period under review, consumption, however, saw a strong increase. Goat hides and skins consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Italy

In value terms, goat hides and skins production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when the production volume increased by 46% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

In 2021, the average yield of goat or kid hides and skins in Italy stood at X kg per head, approximately mirroring the previous year's figure. In general, the yield posted measured growth. The growth pace was the most rapid in 2015 with an increase of 192% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2016 to 2021, the growth of the average goat hides and skins yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for goat hides and skins production in Italy; stabilizing at the year before. Over the period under review, the number of producing animals recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the number of producing animals increased by 20% against the previous year. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2021, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Italy

In 2021, exports of goat or kid hides and skins from Italy skyrocketed to X tons, increasing by 94% compared with the previous year's figure. Overall, exports, however, saw a deep reduction. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports expanded sharply to $X in 2021. In general, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 20%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for goat hides and skins exports from Italy, accounting for a 79% share of total exports. Moreover, goat hides and skins exports to China exceeded the volume sent to the second major destination, Portugal (X tons), eightfold. The third position in this ranking was held by Indonesia (X tons), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+0.4% per year) and Indonesia (-19.1% per year).

In value terms, China ($X), Portugal ($X) and South Korea ($X) appeared to be the largest markets for goat hides and skins exported from Italy worldwide, with a combined 52% share of total exports. Indonesia, Taiwan (Chinese), Spain and India lagged somewhat behind, together accounting for a further 15%.

Taiwan (Chinese), with a CAGR of +23.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, reducing by -44.5% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of 104% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to China ($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 Spain (+73.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Italy

In 2021, supplies from abroad of goat or kid hides and skins decreased by -25.7% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 68%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports reduced to $X in 2021. In general, imports saw a pronounced setback. The pace of growth was the most pronounced in 2014 when imports increased by 20% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), Mongolia (X tons) and Germany (X tons) were the main suppliers of goat hides and skins imports to Italy, with a combined 59% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +22.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins suppliers to Italy were Germany ($X), France ($X) and the United States ($X), with a combined 84% share of total imports. Spain, Mongolia, Australia and New Zealand lagged somewhat behind, together accounting for a further 6%.

In terms of the main suppliers, Spain, with a CAGR of +19.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, growing by 22% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+153.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :