Sudan: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Sudan

The Sudanese goat hides and skins market expanded to $X in 2021, surging by 2.8% against the previous year. In general, consumption saw a noticeable contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Sudan

In value terms, goat hides and skins production soared to $X in 2021 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by 117% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

In 2021, the average yield of goat or kid hides and skins in Sudan amounted to X kg per head, flattening at the previous year's figure. In general, the yield saw a relatively flat trend pattern. The goat hides and skins yield peaked in 2021 and is expected to retain growth in the near future.

In 2021, number of animals slaughtered for goat hides and skins production in Sudan fell slightly to X heads, approximately reflecting 2020. Over the period under review, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 2.9% against the previous year. The number of animals slaughtered for goat hides and skins production peaked at X heads in 2020, and then dropped modestly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports from Sudan

In 2021, shipments abroad of goat or kid hides and skins was finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a deep reduction. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, goat hides and skins exports skyrocketed to $X in 2021. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Nigeria (X tons) was the main destination for goat hides and skins exports from Sudan, with a 67% share of total exports. Moreover, goat hides and skins exports to Nigeria exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. The third position in this ranking was held by Pakistan (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria amounted to +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+1.8% per year) and Pakistan (-8.2% per year).

In value terms, Nigeria ($X) remains the key foreign market for goat or kid hides and skins exports from Sudan, comprising 70% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Turkey, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to Nigeria amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-0.6% per year) and Turkey (-25.3% per year).

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by 45%. As a result, the export price attained the peak level of $X per ton. From 2017 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 Turkey ($X per ton), while the average price for exports to Pakistan ($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 (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Goat Or Kid Hides And Skins

Imports into Sudan

In 2021, approx. X kg of goat or kid hides and skins were imported into Sudan; growing by 11% compared with the previous year. Overall, imports, however, saw a significant contraction. The pace of growth was the most pronounced in 2014 with an increase of 58%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports rose notably to $X in 2021. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2015 with an increase of 30%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X kg) and Nigeria (X kg) were the main suppliers of goat hides and skins imports to Sudan.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nigeria (with a CAGR of +6.4%).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of goat or kid hides and skins to Sudan, comprising 74% of total imports. The second position in the ranking was held by Nigeria ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at -19.7%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, picking up by 2.9% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 321% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Nigeria stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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