Canada: Market for Goat Or Kid Hides And Skins 2024

Market Size for Goat Or Kid Hides And Skins in Canada

In 2023, the Canadian goat hides and skins market decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption showed a pronounced descent. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Goat Or Kid Hides And Skins in Canada

In value terms, goat hides and skins production declined modestly to $X in 2023 estimated in export price. In general, production, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Exports of Goat Or Kid Hides And Skins

Exports from Canada

In 2023, shipments abroad of goat or kid hides and skins decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, posted a modest expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2022, and then declined in the following year.

In value terms, goat hides and skins exports rose markedly to $X in 2023. In general, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for goat hides and skins exports from Canada, accounting for a X% share of total exports. Moreover, goat hides and skins exports to China exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Japan (X% per year).

In value terms, China ($X) emerged as the key foreign market for goat or kid hides and skins exports from Canada, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Japan (X% per year).

Export Prices by Country

The average goat hides and skins export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Japan ($X per ton), while the average price for exports to Germany ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced a decline.

Imports of Goat Or Kid Hides And Skins

Imports into Canada

In 2023, overseas purchases of goat or kid hides and skins decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, goat hides and skins imports contracted markedly to $X in 2023. Overall, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United States (X kg) was the main goat hides and skins supplier to Canada, with a X% share of total imports. It was followed by South Africa (X kg), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from the United States stood at X%.

In value terms, the United States ($X) constituted the largest supplier of goat or kid hides and skins to Canada, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

The average goat hides and skins import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price saw a prominent increase. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure in 2023 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Africa amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform