Pakistan: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in Pakistan

After five years of growth, the Pakistani goat hides and skins market decreased by -2% to $X in 2021. In general, consumption recorded a notable expansion. Goat hides and skins consumption peaked at $X in 2020, and then dropped modestly in the following year.

Production of Goat Or Kid Hides And Skins in Pakistan

In value terms, goat hides and skins production dropped to $X in 2021 estimated in export price. Overall, production enjoyed pronounced growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 171%. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

The average yield of goat or kid hides and skins in Pakistan totaled X kg per head in 2021, remaining relatively unchanged against the year before. Overall, the yield recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the yield increased by 33%. Over the period under review, the average goat hides and skins yield hit record highs at X kg per head in 2013; however, from 2014 to 2021, the yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for goat hides and skins production in Pakistan; increasing by 2.7% against the year before. Overall, the number of producing animals posted a resilient increase. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by 110% against the previous year. The number of animals slaughtered for goat hides and skins production peaked in 2021 and is likely to continue growth in the immediate term.

Exports of Goat Or Kid Hides And Skins

Exports from Pakistan

In 2021, shipments abroad of goat or kid hides and skins was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 942%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports rose sharply to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 1,241% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for goat hides and skins exports from Pakistan, with a 58% share of total exports. Moreover, goat hides and skins exports to the United Arab Emirates exceeded the volume sent to the second major destination, China (X tons), twofold. Canada (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +136.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+57.5% per year) and Canada (+151.9% per year).

In value terms, the United Arab Emirates ($X), China ($X) and Canada ($X) were the largest markets for goat hides and skins exported from Pakistan worldwide, with a combined 95% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +132.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, picking up by 4.3% against the previous year. Overall, the export price, however, showed a slight descent. The growth pace was the most rapid in 2017 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the United Arab Emirates ($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 Thailand (+26.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Goat Or Kid Hides And Skins

Imports into Pakistan

For the third year in a row, Pakistan recorded decline in overseas purchases of goat or kid hides and skins, which decreased by -8.7% to X tons in 2021. Overall, imports faced a deep reduction. The growth pace was the most rapid in 2014 with an increase of 46% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports rose significantly to $X in 2021. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 57%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), Botswana (X tons) and Somalia (X tons) were the main suppliers of goat hides and skins imports to Pakistan, with a combined 48% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Botswana (with a CAGR of +77.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X), the United States ($X) and Saudi Arabia ($X) were the largest goat hides and skins suppliers to Pakistan, with a combined 51% share of total imports. These countries were followed by Australia, Botswana, the United Arab Emirates, Sudan, Oman, Turkmenistan, New Zealand, Jordan, Djibouti and Mauritania, which together accounted for a further 35%.

Among the main suppliers, Botswana, with a CAGR of +69.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 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 Saudi Arabia ($X per ton), while the price for Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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