Spain: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Spain

The Spanish goat hides and skins market reached $X in 2021, increasing by 3.6% against the previous year. Over the period under review, consumption, however, showed a deep contraction. Goat hides and skins consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Goat Or Kid Hides And Skins in Spain

In value terms, goat hides and skins production fell to $X in 2021 estimated in export price. Overall, production showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 69%. Goat hides and skins production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The average yield of goat or kid hides and skins in Spain was estimated at X kg per head in 2021, growing by 2.4% compared with 2020 figures. The yield figure increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when the yield increased by 9.3% against the previous year. The goat hides and skins yield peaked at X kg per head in 2014; however, from 2015 to 2021, the yield remained at a lower figure.

The number of animals slaughtered for goat hides and skins production in Spain reduced slightly to X heads in 2021, waning by -2.8% compared with the previous year. In general, the number of producing animals showed a slight reduction. The growth pace was the most rapid in 2016 when the number of producing animals increased by 7.9%. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2018; however, from 2019 to 2021, producing animals stood at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Spain

In 2021, the amount of goat or kid hides and skins exported from Spain contracted to X tons, almost unchanged from the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 114% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports surged to $X in 2021. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 143% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for goat hides and skins exports from Spain, accounting for a 84% share of total exports. Moreover, goat hides and skins exports to China exceeded the volume sent to the second major destination, Nigeria (X tons), eightfold. Ghana (X tons) ranked third in terms of total exports with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+20.3% per year) and Ghana (-17.9% per year).

In value terms, China ($X) remains the key foreign market for goat or kid hides and skins exports from Spain, comprising 91% of total exports. The second position in the ranking was held by Nigeria ($X), with a 3.4% share of total exports. It was followed by Ghana, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled -9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+24.0% per year) and Ghana (-18.0% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, rising by 29% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 43%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Pakistan ($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 Nigeria (+3.0%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Spain

After two years of decline, purchases abroad of goat or kid hides and skins increased by 443% to X tons in 2021. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, goat hides and skins imports shrank remarkably to $X in 2021. Overall, imports, however, showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Portugal (X tons) and the Netherlands (X tons) were the main suppliers of goat hides and skins imports to Spain, together accounting for 82% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +104.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of goat or kid hides and skins to Spain, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.5% share of total imports. It was followed by Germany, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +91.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+40.8% per year) and Germany (+62.7% per year).

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, falling by -89.2% against the previous year. In general, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 262% against the previous year. The import price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+44.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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