Russian Federation: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in the Russian Federation

The Russian goat hides and skins market shrank to $X in 2021, reducing by -7.9% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in the Russian Federation

In value terms, goat hides and skins production fell sharply to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 66%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of goat or kid hides and skins in Russia totaled X kg per head in 2021, approximately equating 2020. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 3.6% against the previous year. Over the period under review, the average goat hides and skins yield hit record highs at X kg per head in 2017; however, from 2018 to 2021, the yield remained at a lower figure.

In 2021, number of animals slaughtered for goat hides and skins production in Russia reduced to X heads, with a decrease of -2.8% against the previous year. This number increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by 5.5% against the previous year. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2021, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from the Russian Federation

In 2021, overseas shipments of goat or kid hides and skins decreased by -52.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 63%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports dropped dramatically to $X in 2021. Over the period under review, exports faced a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by 78%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons), Armenia (X tons) and Belarus (X tons) were the main destinations of goat hides and skins exports from Russia, with a combined 90% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of +13.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for goat hides and skins exported from Russia were Finland ($X), Armenia ($X) and Belarus ($X), with a combined 85% share of total exports.

Armenia, with a CAGR of +19.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, waning by -42.4% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 47%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Belarus ($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 Armenia (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into the Russian Federation

In 2021, overseas purchases of goat or kid hides and skins decreased by -79.8% to X kg, falling for the second year in a row after three years of growth. Overall, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2015 with an increase of 404%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, goat hides and skins imports skyrocketed to $X in 2021. In general, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 330% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X kg) was the main supplier of goat hides and skins to Russia, with a 93% share of total imports. Moreover, goat hides and skins imports from Italy exceeded the figures recorded by the second-largest supplier, Finland (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to -20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-44.8% per year) and South Africa (-51.9% per year).

In value terms, the largest goat hides and skins suppliers to Russia were Finland ($X), Italy ($X) and South Africa ($X), together accounting for 99.9% of total imports.

Italy, with a CAGR of -28.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, jumping by 603% against the previous year. Over the period under review, the import price, however, recorded a deep setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Finland ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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