Japan: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Japan

The Japanese goat hides and skins market surged to $X in 2021, with an increase of 47% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Goat hides and skins consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Japan

In value terms, goat hides and skins production reduced to $X in 2021 estimated in export price. Overall, production saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. 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 Japan totaled X tons per head in 2021, almost unchanged from the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by 4.7% against the previous year. Over the period under review, the average goat hides and skins yield reached the peak level at X tons per head in 2012; however, from 2013 to 2021, the yield remained at a lower figure.

In 2021, number of animals slaughtered for goat hides and skins production in Japan dropped modestly to X heads, leveling off at the previous year. In general, the number of producing animals showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 7.1%. As a result, the amount of animals produced reached 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 Japan

In 2021, the amount of goat or kid hides and skins exported from Japan declined to X tons, dropping by -8.9% compared with the year before. Over the period under review, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, goat hides and skins exports surged to $X in 2021. Overall, exports continue to indicate a abrupt downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for goat hides and skins exports from Japan, accounting for a 69% share of total exports. Moreover, goat hides and skins exports to Thailand exceeded the volume sent to the second major destination, Vietnam (X tons), fivefold. The third position in this ranking was taken by Cambodia (X tons), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand stood at +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-2.2% per year) and Cambodia (+122.1% per year).

In value terms, Thailand ($X) remains the key foreign market for goat or kid hides and skins exports from Japan, comprising 58% of total exports. The second position in the ranking was held by Ukraine ($X), with a 20% share of total exports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Thailand totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Vietnam (-7.4% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, with an increase of 49% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a 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 Ukraine ($X per ton), while the average price for exports to Cambodia ($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 Cambodia (+6.8%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Japan

In 2021, purchases abroad of goat or kid hides and skins was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports expanded remarkably to $X in 2021. Over the period under review, imports, however, recorded a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam (X tons), New Zealand (X tons) and China (X tons) were the main suppliers of goat hides and skins imports to Japan, with a combined 68% share of total imports. The United States, Poland, Papua New Guinea, South Africa and Thailand lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +410.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins suppliers to Japan were Vietnam ($X), China ($X) and New Zealand ($X), together accounting for 88% of total imports. These countries were followed by Papua New Guinea, Thailand, South Africa, the United States and Poland, which together accounted for a further 5.8%.

In terms of the main suppliers, Poland, with a CAGR of +95.7%, recorded 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, shrinking by -23% against the previous year. Overall, the import price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 65%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then fell markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+319.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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