Turkey: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Turkey

After two years of decline, the Turkish goat hides and skins market increased by 9% to $X in 2021. In general, consumption, however, saw a relatively flat trend pattern. Goat hides and skins consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Turkey

In value terms, goat hides and skins production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 38% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of goat or kid hides and skins in Turkey was estimated at X kg per head, stabilizing at the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 4.5% against the previous year. The goat hides and skins yield peaked in 2021 and is likely to continue growth in years to come.

The number of animals slaughtered for goat hides and skins production in Turkey amounted to X heads in 2021, growing by 4.6% against 2020 figures. In general, the total number of producing animals indicated a prominent expansion from 2012 to 2021: its figure increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, number of animals slaughtered for goat hides and skins production increased by +72.7% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by 15% against the previous year. The number of animals slaughtered for goat hides and skins production peaked in 2021 and is expected to retain growth in the near future.

Exports of Goat Or Kid Hides And Skins

Exports from Turkey

In 2021, shipments abroad of goat or kid hides and skins decreased by -5.5% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 7,291%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, goat hides and skins exports contracted to $X in 2021. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 842% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for goat hides and skins exports from Turkey, accounting for a 87% share of total exports. Moreover, goat hides and skins exports to Indonesia exceeded the volume sent to the second major destination, Mexico (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (0.0% per year) and South Korea (-100.0% per year).

In value terms, Indonesia ($X) remains the key foreign market for goat or kid hides and skins exports from Turkey, comprising 91% of total exports. The second position in the ranking was held by Mexico ($X), with a 6.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia stood at +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (0.0% per year) and South Korea (-100.0% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, reducing by -2.6% against the previous year. Overall, the export price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2013 an increase of 1,248%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Indonesia ($X per ton), while the average price for exports to South Korea ($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 Ukraine (+427.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Turkey

In 2021, supplies from abroad of goat or kid hides and skins was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible shrinkage. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, goat hides and skins imports surged to $X in 2021. In general, imports, however, showed a deep setback. 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

Greece (X tons), Australia (X tons) and Iraq (X tons) were the main suppliers of goat hides and skins imports to Turkey, with a combined 70% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iraq (with a CAGR of +22.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) constituted the largest supplier of goat or kid hides and skins to Turkey, comprising 46% of total imports. The second position in the ranking was taken by Greece ($X), with a 15% share of total imports. It was followed by Australia, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Iraq amounted to +40.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-18.9% per year) and Australia (-23.7% per year).

Import Prices by Country

In 2021, the average goat hides and skins import price amounted to $X per ton, surging by 33% against the previous year. Overall, the import price, however, saw a deep reduction. Over the period under review, average import prices reached the peak figure 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 Iraq ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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