Kenya: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Kenya

The Kenyan goat hides and skins market contracted to $X in 2021, reducing by -11% against the previous year. In general, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +39.5% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Kenya

In value terms, goat hides and skins production contracted remarkably to $X in 2021 estimated in export price. Overall, production saw a slight reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 86% against the previous year. Goat hides and skins production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

In 2021, the average goat hides and skins yield in Kenya amounted to X kg per head, approximately mirroring the previous year's figure. In general, the yield recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the yield increased by 58%. Over the period under review, the average goat hides and skins yield reached the peak level at X kg per head in 2013; however, from 2014 to 2021, the yield stood at a somewhat lower figure.

The number of animals slaughtered for goat hides and skins production in Kenya reduced to X heads in 2021, falling by -9.5% against the previous year. In general, the number of producing animals, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 45%. As a result, the amount of animals produced attained the peak level of X heads. From 2020 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Kenya

In 2021, overseas shipments of goat or kid hides and skins decreased by -64.5% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 628%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports contracted markedly to $X in 2021. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 595% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for goat hides and skins exports from Kenya, with a 61% share of total exports. Moreover, goat hides and skins exports to India exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. The third position in this ranking was taken by Nigeria (X tons), with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to India totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+14.8% per year) and Nigeria (-9.5% per year).

In value terms, the largest markets for goat hides and skins exported from Kenya were Uganda ($X), Hong Kong SAR ($X) and India ($X), together accounting for 86% of total exports.

Uganda, with a CAGR of +19.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, reducing by -13.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 89%. As a result, the export price attained the peak level of $X per ton. From 2017 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 Uganda ($X per ton), while the average price for exports to India ($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 Uganda (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Kenya

For the third consecutive year, Kenya recorded decline in purchases abroad of goat or kid hides and skins, which decreased by -31.7% to X tons in 2021. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 256%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, goat hides and skins imports dropped markedly to $X in 2021. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 272%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Uganda (X tons) constituted the largest supplier of goat hides and skins to Kenya, with a 84% share of total imports. Moreover, goat hides and skins imports from Uganda exceeded the figures recorded by the second-largest supplier, Rwanda (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Uganda stood at +45.7%.

In value terms, Uganda ($X) constituted the largest supplier of goat or kid hides and skins to Kenya, comprising 91% of total imports. The second position in the ranking was taken by Rwanda ($X), with a 7.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Uganda totaled +39.0%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, shrinking by -5.1% against the previous year. Over the period under review, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Rwanda totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uganda (-4.6%).

Source: IndexBox Platform

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