Sweden: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Sweden

The Swedish goat hides and skins market declined sharply to $X in 2021, which is down by -56.6% against the previous year. Over the period under review, consumption saw a abrupt slump. Goat hides and skins consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Goat Or Kid Hides And Skins in Sweden

In value terms, goat hides and skins production shrank to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

In 2021, the average goat hides and skins yield in Sweden soared to X kg per head, increasing by 49% compared with 2020 figures. In general, the yield showed a significant increase. As a result, the yield attained the peak level and is likely to continue growth in the immediate term.

The number of animals slaughtered for goat hides and skins production in Sweden shrank dramatically to X head in 2021, with a decrease of -33% compared with the year before. Over the period under review, the number of producing animals continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2019 with an increase of 1.5% against the previous year. As a result, the amount of producing animals reached the peak level of X heads. From 2020 to 2021, the growth of this number failed to regain momentum.

Exports of Goat Or Kid Hides And Skins

Exports from Sweden

In 2021, goat hides and skins exports from Sweden skyrocketed to X tons, jumping by 42% against the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports surged to $X in 2021. In general, exports, however, recorded a noticeable reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for goat hides and skins exports from Sweden, with a 75% share of total exports. Moreover, goat hides and skins exports to Finland exceeded the volume sent to the second major destination, Poland (X tons), ninefold. Denmark (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Finland totaled +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-20.0% per year) and Denmark (-19.2% per year).

In value terms, Finland ($X) emerged as the key foreign market for goat or kid hides and skins exports from Sweden, comprising 64% of total exports. The second position in the ranking was held by Denmark ($X), with a 16% share of total exports. It was followed by Poland, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to Finland stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-17.5% per year) and Poland (+5.3% per year).

Export Prices by Country

In 2021, the average goat hides and skins export price amounted to $X per ton, surging by 18% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($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 Slovenia (+60.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Sweden

Goat hides and skins imports into Sweden expanded modestly to X tons in 2021, rising by 4.4% on the previous year's figure. In general, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 33%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports surged to $X in 2021. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Norway (X tons) was the main goat hides and skins supplier to Sweden, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Norway totaled -18.7%.

In value terms, Norway ($X) constituted the largest supplier of goat or kid hides and skins to Sweden.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to -8.0%.

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 60% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Cyprus amounted to +16.1% per year.

Source: IndexBox Platform

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