Norway: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Norway

The Norwegian goat hides and skins market declined remarkably to $X in 2021, which is down by -24.7% against the previous year. Overall, consumption, however, posted a significant increase. Goat hides and skins consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Norway

In value terms, goat hides and skins production totaled $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 54% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

In 2021, the average goat hides and skins yield in Norway fell slightly to X kg per head, approximately mirroring 2020. Overall, the yield recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 when the yield increased by 11%. The goat hides and skins yield peaked at X kg per head in 2012; however, from 2013 to 2021, the yield remained at a lower figure.

The number of animals slaughtered for goat hides and skins production in Norway shrank slightly to X heads in 2021, therefore, remained relatively stable against 2020 figures. This number increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 20%. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2018; however, from 2019 to 2021, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Norway

Goat hides and skins exports from Norway soared to X tons in 2021, rising by 154% against 2020 figures. In general, exports, however, showed a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, goat hides and skins exports surged to $X in 2021. Over the period under review, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 80% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for goat hides and skins exports from Norway, with a 69% share of total exports. Moreover, goat hides and skins exports to Canada exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. The third position in this ranking was taken by India (X tons), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-10.6% per year) and India (+5.4% per year).

In value terms, the largest markets for goat hides and skins exported from Norway were Canada ($X), Sweden ($X) and the United States ($X), together comprising 85% of total exports.

Among the main countries of destination, the United States, with a CAGR of +116.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, falling by -33.4% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 70%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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 Sweden ($X per ton), while the average price for exports to India ($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 Canada (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Goat Or Kid Hides And Skins

Imports into Norway

In 2021, purchases abroad of goat or kid hides and skins decreased by -60.6% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, posted notable growth. The pace of growth was the most pronounced in 2019 when imports increased by 104%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports dropped sharply to $X in 2021. In general, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of 130% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) was the main goat hides and skins supplier to Norway, with a 96% share of total imports. It was followed by Lithuania (X kg), with a 2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+55.0% per year) and Finland (+26.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of goat or kid hides and skins to Norway, comprising 75% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Sweden stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+41.6% per year) and Finland (+20.4% per year).

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, rising by 45% against the previous year. In general, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 175% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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