Slovakia: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Slovakia

The Slovak goat hides and skins market dropped markedly to $X in 2021, shrinking by -98% against the previous year. Overall, consumption showed a sharp decline. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Slovakia

In value terms, goat hides and skins production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 776% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

The average yield of goat or kid hides and skins in Slovakia rose sharply to X kg per head in 2021, increasing by 10% compared with the previous year. The yield figure increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the yield increased by 20% against the previous year. The goat hides and skins yield peaked in 2021 and is likely to see gradual growth in years to come.

The number of animals slaughtered for goat hides and skins production in Slovakia declined to X heads in 2021, with a decrease of -9.6% on 2020 figures. Over the period under review, the number of producing animals continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by 0.5% against the previous year. As a result, the number of producing animals attained the peak level of X heads. From 2015 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Slovakia

For the third year in a row, Slovakia recorded decline in overseas shipments of goat or kid hides and skins, which decreased by 0% to X tons in 2021. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 570% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports stood at $X in 2021. Over the period under review, exports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2013 with an increase of 683%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Sweden (X tons) were the main destinations of goat hides and skins exports from Slovakia.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +158.7%), while shipments for the other leaders experienced more modest paces of growth.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+121.4% per year) and Sweden (0.0% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 769%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($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 Italy (+240.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Slovakia

In 2019, purchases abroad of goat or kid hides and skins increased by 623% to X tons, rising for the second consecutive year after four years of decline. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, goat hides and skins imports soared to $X in 2019. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 823% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Germany (X tons) constituted the largest goat hides and skins supplier to Slovakia, with a 88% share of total imports. Moreover, goat hides and skins imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from Germany stood at +110.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+46.7% per year) and Poland (+20.5% per year).

In value terms, Germany ($X) constituted the largest supplier of goat or kid hides and skins to Slovakia, comprising 90% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.9% share of total imports.

From 2012 to 2019, the average annual growth rate of value from Germany amounted to +79.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+38.3% per year) and Poland (+17.7% per year).

Import Prices by Country

In 2019, the average goat hides and skins import price amounted to $X per ton, with a decrease of -3.8% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 107%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Costa Rica (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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