MERCOSUR: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in MERCOSUR

In 2021, the MERCOSUR goat hides and skins market decreased by -1.7% to $X, falling for the third year in a row after two years of growth. Overall, consumption showed a slight decline. The growth pace was the most rapid in 2017 when the market value increased by 7.5%. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in MERCOSUR

In value terms, goat hides and skins production reduced dramatically to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +70.0% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 47%. As a result, production attained the peak level of $X, and then contracted rapidly in the following year.

Brazil (X tons) remains the largest goat hides and skins producing country in MERCOSUR, comprising approx. 47% of total volume. Moreover, goat hides and skins production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume in Brazil amounted to +3.1%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (-3.7% per year) and Colombia (+13.8% per year).

In 2021, the average goat hides and skins yield in MERCOSUR rose markedly to X kg per head, increasing by 12% compared with the previous year. In general, the yield recorded a relatively flat trend pattern. As a result, the yield reached the peak level and is likely to continue growth in the immediate term.

In 2021, the number of animals slaughtered for goat hides and skins production in MERCOSUR was estimated at X heads, leveling off at the previous year. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 4.3% against the previous year. Over the period under review, this number hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Goat Or Kid Hides And Skins

Exports in MERCOSUR

In 2021, exports of goat or kid hides and skins in MERCOSUR surged to X tons, increasing by 673% against the previous year's figure. Overall, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, goat hides and skins exports soared to $X in 2021. In general, exports enjoyed tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Colombia was the main exporting country with an export of about X tons, which amounted to 74% of total exports. It was distantly followed by Ecuador (X tons) and Venezuela (X tons), together creating a 22% share of total exports. Uruguay (X tons) took a minor share of total exports.

Exports from Colombia increased at an average annual rate of +19.3% from 2012 to 2021. At the same time, Uruguay (+27.5%), Venezuela (+24.7%) and Ecuador (+14.3%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +27.5% from 2012-2021. Colombia (+32 p.p.), Venezuela (+3.6 p.p.) and Ecuador (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) emerged as the largest goat hides and skins supplier in MERCOSUR, comprising 76% of total exports. The second position in the ranking was held by Ecuador ($X), with an 8.6% share of total exports. It was followed by Uruguay, with a 4.4% share.

In Colombia, goat hides and skins exports expanded at an average annual rate of +13.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ecuador (+16.6% per year) and Uruguay (+27.3% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, declining by -27.7% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the export price increased by 50%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Goat Or Kid Hides And Skins

Imports in MERCOSUR

In 2021, after two years of growth, there was decline in overseas purchases of goat or kid hides and skins, when their volume decreased by -2.9% to X tons. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 78%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports surged to $X in 2021. Overall, imports saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the major importer of goat or kid hides and skins in MERCOSUR, with the volume of imports amounting to X tons, which was approx. 79% of total imports in 2021. It was distantly followed by Colombia (X tons), making up a 16% share of total imports. Peru (X kg) took a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the goat or kid hides and skins imports, with a CAGR of +1.9% from 2012 to 2021. Peru (-9.6%) and Colombia (-16.2%) illustrated a downward trend over the same period. Brazil (+43 p.p.) significantly strengthened its position in terms of the total imports, while Colombia saw its share reduced by -27.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported goat or kid hides and skins in MERCOSUR, comprising 85% of total imports. The second position in the ranking was held by Colombia ($X), with a 7% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at +1.0%. In the other countries, the average annual rates were as follows: Colombia (-15.0% per year) and Peru (-14.5% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, increasing by 116% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform