Romania: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Romania

In 2021, the Romanian goat hides and skins market decreased by -2.6% to $X for the first time since 2018, thus ending a two-year rising trend. In general, the total consumption indicated a temperate increase 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, consumption increased by +42.4% against 2018 indices. Goat hides and skins consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Romania

In value terms, goat hides and skins production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The average yield of goat or kid hides and skins in Romania expanded notably to X kg per head in 2021, increasing by 13% on the previous year. Overall, the yield saw a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 47%. Over the period under review, the average goat hides and skins yield hit record highs in 2021 and is expected to retain growth in the immediate term.

The number of animals slaughtered for goat hides and skins production in Romania reduced to X heads in 2021, falling by -14.7% compared with the year before. Over the period under review, the number of producing animals showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 16% against the previous year. As a result, the number of producing animals reached the peak level of X heads. From 2017 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Romania

In 2021, after two years of decline, there was significant growth in overseas shipments of goat or kid hides and skins, when their volume increased by 37% to X tons. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 429%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, goat hides and skins exports skyrocketed to $X in 2021. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,404% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X tons), Italy (X tons) and Germany (X tons) were the main destinations of goat hides and skins exports from Romania, together comprising 83% of total exports. These countries were followed by Croatia, the Czech Republic, the Netherlands and Bulgaria, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +183.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for goat hides and skins exported from Romania were Italy ($X), Belgium ($X) and Germany ($X), together comprising 91% of total exports. Croatia, the Netherlands, Bulgaria and the Czech Republic lagged somewhat behind, together accounting for a further 9.1%.

Among the main countries of destination, the Netherlands, with a CAGR of +133.2%, 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, growing by 7% against the previous year. In general, the export price showed a tangible increase. The growth pace was the most rapid in 2015 an increase of 185%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Bulgaria (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Romania

In 2021, imports of goat or kid hides and skins into Romania surged to X tons, rising by 330% on the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 445%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, goat hides and skins imports soared to $X in 2021. Over the period under review, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) was the main supplier of goat hides and skins to Romania, with a 96% share of total imports. It was followed by Hungary (X kg), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +52.4%.

In value terms, Italy ($X) constituted the largest supplier of goat or kid hides and skins to Romania, comprising 97% of total imports. The second position in the ranking was taken by Hungary ($X), with a 2.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +28.6%.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, surging by 124% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 153%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-14.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :