U.S.: Market for Goat Or Kid Hides And Skins 2025

Market Size for Goat Or Kid Hides And Skins in the U.S.

The U.S. goat hides and skins market amounted to $X in 2021, picking up by 7.3% against the previous year. Overall, consumption, however, showed a strong increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in the U.S.

In value terms, goat hides and skins production soared to $X in 2021. In general, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 148%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

The average yield of goat or kid hides and skins in the United States amounted to X kg per head in 2021, standing approx. at the year before. In general, the yield showed a abrupt decrease. The growth pace was the most rapid in 2014 when the yield increased by 27% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2015 to 2021, the growth of the average goat hides and skins yield failed to regain momentum.

In 2021, the number of animals slaughtered for goat hides and skins production in the United States fell to X heads, with a decrease of -4.1% compared with 2020. Over the period under review, the number of producing animals recorded a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of 8.6%. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2021, producing animals remained at a lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from the U.S.

Goat hides and skins exports from the United States reached X tons in 2021, picking up by 10% on 2020. Over the period under review, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 27%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, goat hides and skins exports amounted to $X in 2021. Overall, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 16%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons), China (X tons) and Pakistan (X tons) were the main destinations of goat hides and skins exports from the United States, together comprising 77% of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +184.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Pakistan ($X) constituted the largest markets for goat hides and skins exported from the United States worldwide, together comprising 74% of total exports.

Thailand, with a CAGR of +110.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 128% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Poland ($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 Hong Kong SAR (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into the U.S.

In 2021, purchases abroad of goat or kid hides and skins increased by 5.2% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a precipitous contraction. The growth pace was the most rapid in 2018 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, goat hides and skins imports declined to $X in 2021. Overall, imports, however, showed a deep downturn. The growth pace was the most rapid in 2018 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Canada (X tons), Brazil (X tons) and Russia (X tons) were the main suppliers of goat hides and skins imports to the United States, with a combined 63% 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 Russia (with a CAGR of +142.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins suppliers to the United States were Canada ($X), Brazil ($X) and New Zealand ($X), together accounting for 63% of total imports. These countries were followed by Russia, Kyrgyzstan, Cote d'Ivoire, Argentina and Mexico, which together accounted for a further 21%.

Russia, with a CAGR of +74.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2021, which is down by -13.7% against the previous year. In general, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 134% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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 Canada ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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