Luxembourg: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Luxembourg

The Luxembourg goat hides and skins market expanded to $X in 2021, picking up by 2% against the previous year. Over the period under review, consumption, however, recorded a precipitous setback. Goat hides and skins consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Luxembourg

In value terms, goat hides and skins production surged to $X in 2021 estimated in export price. In general, production, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 321%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The average yield of goat or kid hides and skins in Luxembourg skyrocketed to X kg per head in 2021, with an increase of 17% against the previous year's figure. Over the period under review, the yield, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2014 with an increase of 71% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2015 to 2021, the growth of the average goat hides and skins yield remained at a lower figure.

In 2021, number of animals slaughtered for goat hides and skins production in Luxembourg shrank to X head, falling by -9.5% compared with the previous year's figure. Over the period under review, the number of producing animals saw a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 79% against the previous year. As a result, the amount of animals produced reached the peak level of X head. From 2015 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Luxembourg

In 2019, exports of goat or kid hides and skins from Luxembourg fell to X kg, with a decrease of -2.5% on 2018. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2014 with an increase of 725% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, goat hides and skins exports rose remarkably to $X in 2019. In general, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2014 when exports increased by 1,927% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for goat hides and skins exports from Luxembourg, accounting for a 87% share of total exports. Moreover, goat hides and skins exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X kg), sevenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to Belgium totaled +10.4%.

In value terms, Belgium ($X) remains the key foreign market for goat or kid hides and skins exports from Luxembourg, comprising 89% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Belgium stood at +36.1%.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2019, jumping by 15% against the previous year. In general, the export price, however, recorded a significant decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 146% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+23.5%).

Imports of Goat Or Kid Hides And Skins

Imports into Luxembourg

In 2020, goat hides and skins imports into Luxembourg declined sharply to X kg, falling by -98.4% on the previous year's figure. In general, imports saw a sharp reduction. The pace of growth was the most pronounced in 2017 with an increase of 122% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, goat hides and skins imports fell dramatically to $X in 2020. Over the period under review, imports saw a significant decline. The growth pace was the most rapid in 2019 with an increase of 184%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X kg) was the main goat hides and skins supplier to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from Germany amounted to -44.0%.

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

From 2012 to 2020, the average annual growth rate of value from Germany stood at -33.2%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2020, shrinking by -56.2% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 516%. The import price peaked at $X per ton in 2019, and then declined remarkably in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for France amounted to +39.0% per year.

Source: IndexBox Platform

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