Turkmenistan: Market for Goat Or Kid Hides And Skins 2019

Market Size for Goat Or Kid Hides And Skins in Turkmenistan

The revenue of the goat hides and skins market in Turkmenistan amounted to $X in 2018, flattening at the previous year. Over the period under review, goat hides and skins consumption, however, continues to indicate remarkable growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the goat hides and skins market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Production of Goat Or Kid Hides And Skins in Turkmenistan

In value terms, goat hides and skins production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, goat hides and skins production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Turkmenistan goat hides and skins production peaked at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Turkmenistan

In 2018, approx. X tons of goat or kid hides and skins were exported from Turkmenistan; surging by X% against the previous year. Over the period under review, goat hides and skins exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, goat hides and skins exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, goat hides and skins exports stood at $X in 2018. Overall, goat hides and skins exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Turkmenistan exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Japan (X tons), distantly followed by Australia (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Rwanda (X tons) and Sudan (X tons) were the largest exporters of goat or kid hides and skins, together creating X% of total exports. The following exporters - Poland (X tons), the U.S. (X tons), Senegal (X tons), Greece (X tons), Spain (X tons) and Italy (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to goat hides and skins exports from Japan stood at -X%. At the same time, Rwanda (+X%), Sudan (+X%), Senegal (+X%), Vietnam (+X%), Poland (+X%), the U.S. (+X%) and Greece (+X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Spain and Australia experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Vietnam, Rwanda, Sudan, Poland, Senegal and the U.S. increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while China, Hong Kong SAR (-X p.p.), Italy (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest goat hides and skins markets from Turkmenistan were Vietnam ($X), Japan ($X) and the U.S. ($X), with a combined X% share of total exports.

Vietnam recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The goat hides and skins export price in Turkmenistan stood at $X per ton in 2018, going up by X% against the previous year. In general, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, goat hides and skins export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Turkmenistan export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Turkmenistan

In 2011, the amount of goat or kid hides and skins imported into Turkmenistan stood at X tons, coming down by -X% against the previous year. In general, goat hides and skins imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2011 when imports decreased by -X% against the previous year. Turkmenistan imports peaked at X tons in 2010, and then declined slightly in the following year.

In value terms, goat hides and skins imports totaled $X in 2011. Over the period under review, goat hides and skins imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2011 when imports decreased by -X% y-o-y. Over the period under review, goat hides and skins imports reached their peak figure at $X in 2010, and then declined slightly in the following year.

Imports by Country

Taiwan, Chinese (X tons) and China (X tons) were the key importers of goat or kid hides and skins in 2018, recording near X% and X% of total imports, respectively. Turkey (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Italy (X%). The following importers - Nigeria (X tons), Pakistan (X tons), India (X tons), Japan (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Spain (X tons) and Namibia (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Taiwan, Chinese ($X) and China ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. Vietnam, Italy, Pakistan, Nigeria, Spain, Turkey, India, China, Hong Kong SAR and Namibia lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the goat hides and skins import price in Turkmenistan amounted to $X per ton, approximately equating the previous year. Over the period under review, the goat hides and skins import price continues to indicate a sharp descent. Turkmenistan import price peaked at $X per ton in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform