Luxembourg: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Luxembourg

The Luxembourg goat hides and skins market skyrocketed to $X in 2021, surging by 23% against the previous year. Overall, consumption, however, saw a precipitous setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat 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. Over the period under review, production, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by 321%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average goat hides and skins yield in Luxembourg surged to X kg per head, with an increase of 17% compared with 2020. Over the period under review, the yield, however, recorded a mild decline. The pace of growth was the most pronounced in 2014 when the yield increased by 71% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2015 to 2021, the growth of the average goat hides and skins yield failed to regain momentum.

In 2021, number of animals slaughtered for goat hides and skins production in Luxembourg dropped to X head, waning by -9.5% on the previous year. Over the period under review, the number of producing animals saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 79% against the previous year. As a result, the number of animals produced attained the peak level of X head. From 2015 to 2021, the growth of this number remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Luxembourg

In 2019, overseas shipments of goat or kid hides and skins increased by 20% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 725% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

In value terms, goat hides and skins exports expanded sharply to $X in 2019. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,927%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 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 88% 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 growth rate of volume to Belgium totaled +20.6%.

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

From 2012 to 2019, the average annual growth rate of value to Belgium totaled +36.1%.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2019, falling by -6.6% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2014 an increase of 150%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, the export prices remained at a lower figure.

Average prices varied noticeably for the major external 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 stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.4%).

Imports of Goat Or Kid Hides And Skins

Imports into Luxembourg

In 2020, approx. X kg of goat or kid hides and skins were imported into Luxembourg; shrinking by -98.8% against 2019. Over the period under review, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2019 with an increase of 240%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, goat hides and skins imports fell rapidly to $X in 2020. In general, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2017 with an increase of 89% against the previous year. Imports peaked 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 supplier of goat hides and skins to Luxembourg, with a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany totaled -46.8%.

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 totaled -33.2%.

Import Prices by Country

In 2020, the average goat hides and skins import price amounted to $X per ton, increasing by 193% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 258%. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the near future.

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 Germany amounted to +25.5% per year.

Source: IndexBox Platform

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