Oman: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Oman

The Omani goat hides and skins market totaled $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.1% 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 +104.7% against 2015 indices. Goat hides and skins consumption peaked in 2021 and is likely to continue growth in years to come.

Production of Goat Or Kid Hides And Skins in Oman

In value terms, goat hides and skins production totaled $X in 2021 estimated in export price. In general, production saw a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by 106%. Goat hides and skins production peaked at $X in 2019; afterwards, it flattened through to 2021.

In 2021, the average goat hides and skins yield in Oman totaled X kg per head, approximately reflecting the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Over the period under review, the average goat hides and skins yield attained the peak level in 2021 and is likely to see steady growth in years to come.

In 2021, approx. X heads of animals slaughtered for goat hides and skins production in Oman; growing by 2% against 2020. This number increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by 41% against the previous year. Over the period under review, this number hit record highs at X heads in 2013; however, from 2014 to 2021, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Oman

In 2021, overseas shipments of goat or kid hides and skins were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports expanded sharply to $X in 2021. In general, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when exports increased by 41%. As a result, the exports attained the peak of $X. From 2015 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 Oman, with a 52% 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), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India amounted to +42.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+12.5% per year) and the United Arab Emirates (-5.8% per year).

In value terms, Hong Kong SAR ($X), India ($X) and the United Arab Emirates ($X) constituted the largest markets for goat hides and skins exported from Oman worldwide, with a combined 95% share of total exports.

India, with a CAGR of +45.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, increasing by 4.9% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 38% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Oman

After three years of decline, supplies from abroad of goat or kid hides and skins increased by 506% to X kg in 2021. Overall, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of 575% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, goat hides and skins imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X kg) and Tanzania (X kg) were the main suppliers of goat hides and skins imports to Oman.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tanzania (with a CAGR of +11.3%).

In value terms, Tanzania ($X) constituted the largest supplier of goat or kid hides and skins to Oman, comprising 78% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Tanzania totaled +20.2%.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, reducing by -6% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, goat hides and skins import price decreased by -26.2% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 82%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, 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 Tanzania ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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